Michigan

A tale of two governors: Wisconsin vs. Illinois

By Michael Lucci
06/16/2014
In January 2011, the governors of Wisconsin and Illinois took office for their first elected terms. They set their states on two very different paths: one that led to recovery, and one that led to further decline. Gov. Pat Quinn saw a hole in pension funding, so he raised income taxes on all Illinoisans by...

Chicago unemployment rate 5th highest of nation’s 49 largest metro areas

By John Klingner
06/02/2014
Illinois politicians want to make things worse for the many Chicagoans struggling to find jobs and make ends meet. They’re calling for state, county and local tax hikes on the city that already has one of the worst metro area unemployment rates in the nation, according to the U.S. Bureau of Labor Statistics. Gov. Pat...

Oklahoma pension reform: 401(k)-style plans for new state workers

05/31/2014
In a step toward meaningful pension reform, Oklahoma Gov. Mary Fallin signed legislation that ends the state’s traditional pension retirement system for newly hired state employees in favor of a 401(k)-style retirement plan. Teachers and state workers designated “hazardous duty” including firefighters and law enforcement officers are exempt. And the legislation does not change the...

Illinois politicians’ obsession with tax hikes

05/21/2014
Fifty percent of all Illinoisans would leave the state if they could. Twenty-five percent think it’s the worst state to live in. Another 72 percent don’t trust their government. These numbers came from three recent Gallup polls. In all three surveys, no state polled worse than Illinois. You’d think with results like that, the last...

Illinois loses 6,800 payroll jobs in April, while Texas gains 64,100 jobs

By Michael Lucci
05/16/2014
Illinois lost 7,800 private-sector jobs in April, and the state jobless rate fell to 7.9 percent, according to the Bureau of Labor Statistics. Illinois remains the worst in the Midwest and third-worst nationally for joblessness. Illinois’ private-sector jobs loss came against a gain of 1,000 government jobs, leaving the state with a net loss of...

The myth of an Illinois comeback

By Michael Lucci
04/17/2014
Myth: Gov. Pat Quinn says that Illinois is a regional leader in job creation, and that the state is making a comeback. Fact: Illinois has ranked at the bottom of regional job comparisons since the Great Recession hit. Illinoisans suffer a jobless rate that is the second-worst in the nation and the highest in the...

Chicago’s pension red alert

03/10/2014
The Wall Street Journal’s article “Public Pension Red Alert” foreshadows more municipal bankruptcies countrywide as pension costs continue to spiral out of control. One of the cities facing the most stress nationally is Chicago. The city’s pension payments are set to jump to more than $1 billion as laws that allowed the city to skimp on pension payments...

TAGS: Chicago, municipal pensions

What’s behind Illinois’ employment collapse?

By Michael Lucci
02/24/2014
A smaller and smaller percentage of adults are working to support the entire state population. Why does this matter? Because a booming economy provides the benefits of opportunity and upward mobility. But not only that. Growing the number of taxpayers is essential for funding core government services and pension bills. The only other tools legislators...

Illinois’ unemployment rate third-worst in the nation

By Michael Lucci
01/28/2014
The state ended 2013 – a year of dismal employment – with an even worse December. Illinois moved from having the fourth-worst unemployment rate in November to the third-worst in December, falling behind Michigan. Only Nevada and Rhode Island remain worse. The unemployment rate in Illinois fell to 8.6 percent from 8.7 percent, while the...

Union membership decreases nationwide

By Paul Kersey
01/27/2014
Last week, the U.S. Bureau of Labor Statistics released its latest report on union membership in the United States, which covers 2013. The results showed that unions failed to gain members – a fact that will likely prove disappointing for union officials, who might have hoped to regain lost membership under a very pro-union president....