Employers in the Land of Lincoln announced 650 mass layoffs in November, according to the November edition of the Illinois Worker Adjustment and Retraining Notification, or WARN, report. This report marks the first time since July 2015 that there wasn’t single mass-layoff announcement in the manufacturing sector. The types of jobs lost were spread across...
Workers’ compensation is a significant cost to Illinois taxpayers and drains scarce tax dollars from government coffers. Political and business leaders often view workers’ compensation as a costly regulation that affects private-sector investment and employment in Illinois.[1] This description is accurate yet incomplete. The same heavy costs imposed on private-sector employers[2] are also imposed on...
The outcome of 2016 races in nearby states may result in all states surrounding Illinois becoming Right-to-Work states – leaving Illinois a lone island in a sea of worker freedom. To remain competitive for workers and business, Illinois must consider similar reforms.
The regulatory cost of doing business in Illinois remains the highest in the Midwest for workers’ compensation, according to the 2016 Oregon Workers’ Compensation Premium Rate Ranking study.[1] Illinois’ out-of-balance workers’ compensation laws contribute to the Land of Lincoln’s loss of industrial investment and blue-collar job opportunities. Illinois manufacturing firms often cite workers’ compensation as...