The Illinois Supreme Court voted to uphold a law consolidating 649 municipal police and firefighter pension funds. It may help the state’s pension woes, but amending the Illinois Constitution is needed for real solutions.
Despite statewide job gains in June, eight of Illinois’ metro areas lost jobs for the month. Most areas still haven’t recovered to pre-pandemic job levels.
While most Illinois metropolitan areas saw job gains last month, unemployment rates remain higher than the U.S. rate in 11 of the state’s 13 metro areas.
As Illinois pushes for more renewable energy, it comes with a fire hazard risk at battery storage centers. A battery storage facility explosion in Arizona hurt eight firefighters. There have been three other fires.
Illinois’ metro areas already face unemployment problems, with some of the nation’s worst rates. They could be hit harder by a recession than other places in the nation.
U.S. House Ways and Means Committee members wrote Gov. J.B. Pritzker asking for repayment of a $1.3 billion federal unemployment insurance fund loan before Nov. 10. Failing to do so means automatically raising taxes on businesses.
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.