North Carolina

2015 State Business Tax Climate Index: Illinois drops to 31st

By Robert Steere
10/29/2014
Illinois’ burdensome tax climate for businesses will continue to hold the state back from creating jobs and growing the economy in 2015. The Tax Foundation issued its 2015 State Business Tax Climate Index, reporting that Illinois dropped two positions in the ranking since last year, to 31st from 29th. Prior to 2011, Illinois steadily ranked...

TAGS: taxes

Illinois’ jobs report card

By Michael Lucci
06/30/2014
It’s report-card season in Illinois, as the journey and efforts that began last August have come to fruition for students across the state. State governments can be graded too, in particular on the subject of jobs. How Illinois fares on job creation is critically important for local high school and college seniors, who have just...

Illinois unraveling

02/20/2014
Until the mid-1900s, people from across the world stampeded into Illinois in search of opportunity. Workers from rural America came to build Pullman cars, erect skyscrapers and fill factories. Immigrants from Eastern Europe arrived in search of economic freedom. And laborers left the agrarian South to participate in America’s industrialization. Illinois’ population doubled from 1900...

Illinois’ sputtering population growth

01/09/2014
The U.S. Census Bureau announced that Illinois had the sixth-lowest population growth in the nation in 2013. The state’s population growth was just 0.11 percent, adding only 14,000 people to its population of nearly 13 million people. Other large states such as Georgia, North Carolina, Florida and Texas grew seven to 13 times faster than...

TAGS: population

Illinois employers warn of nearly 1,800 layoffs

By Hilary Gowins
12/13/2013
Nearly 1,800 workers will be laid off throughout Illinois in the next two months. This unfortunate holiday news will affect nearly 500 Dominick’s employees as the company prepares to close up shop in Illinois. The latest round of notices includes 141 workers from the company’s Oak Brook headquarters and another 332 workers at its Northlake...

Disappearance of Illinois’ manufacturing sector

By Justin Hegy
10/10/2013
It’s hard not to notice the disappearance of Illinois’ manufacturing sector. Anyone driving through the outskirts of Peoria can witness the closed buildings and half-abandoned neighborhoods. Cities all across Illinois have seen a similar story unfold. Illinois’ manufacturing base has been in decline, losing over 130,000 manufacturing jobs in the past decade. Even during the...

TAGS: progressive income tax