Midwestern United States

Illinois’ symbolic first step – cut LLC fees

By Michael Lucci
10/12/2014
Small businesses and innovators are the lifeblood of any economy, and Illinois needs reform to encourage them to locate in Illinois. Small businesses are responsible for two-thirds of all new jobs created in the last 20 years. The disincentives for entrepreneurs to locate in Illinois are systemic, and thus require systemic solutions. An agenda for...

TAGS: jobs, LLC fees

Senate Dems live in denial, turn to propaganda

By Michael Lucci
10/06/2014
Denial— a failure to acknowledge an unacceptable truth or emotion or to admit it into your consciousness, used as a defense mechanism. Illinois’ Senate Democrats launched a website called “I Like Illinois.” The explicit purpose of the site, according to their tweets, is to “counter negativity of Illinois Policy Institute.” This purpose is ironic, given...

TAGS: Democrats

State, suburbs double down on Divvy

By Austin Berg
09/30/2014
Chicago’s Divvy bikes will soon be pedaled down suburban streets. On Sept. 29, Gov. Pat Quinn approved a $3 million state grant expanding the bike-share program to the suburbs of Evanston and Oak Park, while adding 50 new docking stations to Chicago’s Garfield Park, Austin, Rogers Park and West Rogers park neighborhoods. Seven hundred new...

TAGS: Divvy, rideshare, taxes

Jobs vs. food stamps: Illinois last in the Midwest

By Michael Lucci
09/29/2014
Since the Great Recession ended, Illinois’ food-stamp enrollment has outpaced job creation by a ratio of nearly 2-to-1. The jobs versus food stamps comparison is a strong indicator of economic hardship. And compared to the rest of the Midwest, Illinoisans are truly feeling the pain. Since the Great Recession ended, Illinois is the only state...

TAGS: employment, jobs, unemployment

Who’s hurting in Illinois?

By Michael Lucci
09/22/2014
The effects of the Great Recession still linger in Illinois, the pain of which has been distributed unevenly. Youth and minority workers have been hurt most by the state’s ongoing policy errors. The Great Recession caused employment losses across all demographic groups. Illinois’ policy mistakes and weak recovery – the worst in the U.S. –...

TAGS: employment, Great Recession, unemployment

A legislative agenda for entrepreneurs

By Michael Lucci
09/08/2014
Illinois has become infamous for encouraging cronyism and discouraging entrepreneurship, but there are a number of steps state lawmakers could take to end this cycle and encourage growth. Without serious changes, Illinois will continue on a cycle of job loss and economic decline. According to the Kauffman Foundation, Illinois ranks near the bottom for entrepreneurial...

TAGS: Chicago, jobs

Illinois’ median wage has collapsed by $12,000 since 1999

By Michael Lucci
09/02/2014
Illinois has long been known as a high-income state, but that‘s changed for many families in the middle. After decades of policy mistakes, the backbone of the state – Illinois’ middle class – has been hollowed out. Throughout Illinois’ history, innovation and high employment led to high incomes, making the Land of Lincoln a wealthy...

TAGS: jobs, median wage

The myth of an Illinois comeback

By Michael Lucci
08/24/2014
Illinois is dead last of all 50 states in recovering from the Great Recession – and two economic surveys prepared each month by the Illinois Department of Employment Security, or IDES, and the U.S. Bureau of Labor Statistics prove it. The BLS and IDES surveys track employment and jobs growth in Illinois: both household surveys...

Why Illinois is running last

By Michael Lucci
08/21/2014
Illinois’ 2011 income tax hike put the brakes on the state’s private-sector jobs recovery. According to data from the Bureau of Labor Statistics, Illinois’ monthly job creation has slowed down since the state’s historic 2011 tax hike. Meanwhile, the rest of the country accelerated its jobs growth. Job losses from the Great Recession began for...

TAGS: income tax, jobs

Illinois still 170,000 jobs away from recovery

By Michael Lucci
08/15/2014
Illinois gained 10,300 jobs in July, according to the Illinois Department of Employment Security, or IDES. The Quinn camp was quick to tout this number as an indicator of the administration’s success. However, by comparison Illinois only created 10,600 net new jobs in first 66 months of Quinn’s tenure. Perhaps the Quinn administration believes that...

TAGS: Chicago, jobs, unemployment