Illinois homeowners are most likely in the nation to be in foreclosure. The looming $2,100 property tax hike from Amendment 1 would make housing even more unaffordable.
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.
Drivers are now paying $35 more to fill-up on regular gasoline and $65 more for diesel than they were a year ago. Gas taxes eat more than one-fifth of every tank.
A Rockford family and their trucking business are being driven out of Illinois by high taxes and bad public policies. If voters agree Nov. 8 to enshrining public union power in the Illinois Constitution, expect more businesses and workers to leave.
Illinois is steadily adding jobs lost during the COVID-19 economic downturn, but despite 10 months of gains the state recovery lags the nation. Some metropolitan areas are far behind where they were.
The second-highest motor fuel tax in the nation keeps Illinois’ gas prices the highest in the Midwest. Diesel hits a record as the average gas price moves close to a record.
Bloomington is the only metro area to recover jobs lost during the COVID-19 pandemic and statewide mandated shutdowns. Illinois is still missing 200,100 jobs as of January 2020.