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.
For 52 years the Illinois Constitution’s pension protection clause has locked the state into retirement promises it cannot afford. Amendment 1 could do the same for government union demands, handing taxpayers the bill.
Despite a full year of job gains, all Illinois metropolitan areas are missing jobs since the pandemic began and the recovery stalled. While May brought job gains statewide, only eight metro areas saw gains while seven saw losses.
Illinois’ tax code stands in the way of the state’s economic competitiveness. The combination of high tax burdens and a poor tax structure contributes to the loss of jobs and investment to other states. From a place of former economic dominance, Illinois now ranks 45th in gross state product (GSP) growth over the past decade...