The Illinois House voted to use $2.7 billion in federal relief to partially refill the state’s depleted unemployment trust fund. Some lawmakers said it’s not enough.
Although Hispanics were one of the groups hardest hit by pandemic-related job losses, 85,000 more Hispanic Illinoisans were employed in December 2021 compared to December 2019. Hispanic women are driving their recovery.
Employment in nearly all of Illinois’ major industries are still lagging other states two years after the initial COVID-19 shutdowns rocked the economy.
Illinois reported the largest outmigration of residents of any state during 2021, marking the 8th consecutive year of population decline in Illinois. Chicago similarly saw more residents move away than any metropolitan area in the nation.
Lots of businesses tried to get started during 2021 in Illinois, but the ones that create jobs had a tough time launching. That’s why Illinois unemployment remains high and salaries depressed during a national labor shortage.
Illinois’ combined state and average local retail sales tax rate topped 8.8% in 2022. That’s the 8th-highest in the nation and the highest in the Midwest.
A new Fed report shows strict COVID-19 policies and enhanced unemployment benefits likely contributed to Illinois’ sluggish recovery from the pandemic recession.
Illinois is experiencing one of the nation’s worst recoveries for leisure and hospitality jobs. Of the Illinois jobs that vanished since the COVID-19 pandemic, 35% are in leisure and hospitality – the most of any industry.
A judge’s ruling threw Gov. J.B. Pritzker’s school mask mandate into chaos. Now that an appellate court has ruled against Pritzker, too, he’s taking his fight to keep masks on students to the Illinois Supreme Court.
Chicago’s $1.15 billion projected budget gap is the latest in a decades-long string of structural deficits. Making Chicago’s high taxes worse is not the solution.