Despite some growth, high unemployment remains an issue in Illinois. All 15 metropolitan areas showed higher rates of unemployment than the national average.
Third grade marks a critical reading milestone: if students struggle then, they will face greater problems during the rest of their educations. State data shows 7 of 10 Illinois third graders can’t read at grade level, meaning there’s trouble awaiting most Illinois students.
Illinois grew jobs in eight of its 13 metropolitan areas during April, but the Chicago area’s sluggish growth and a stubbornly high unemployment rate tempered any gains.
In Illinois’ fifth year of recreational cannabis sales, it’s already made nearly $180 million in tax revenue. But it is losing sales to neighboring states with lower taxes.
Illinois’ unemployment rate tied for 3rd worst in the nation in February 2024 after a decline in the number of jobs statewide during the past 12 months. Illinois continues to lag the nation and all its neighbors in job growth.
Combined state and average local sales tax rate tallies 8.85% in Illinois for 2024. That’s the highest in the Midwest and seventh highest in the nation.
Seven of 13 Illinois metro areas added jobs from November to December 2023, led by the St. Louis area. Five metros still reported fewer jobs than prior to the pandemic.