Texas

Chicago public school teachers are overpaid

By Chris Andriesen
09/11/2012
by Lawrence J. McQuillan, PhD  Chief Economist The Chicago Teachers Union (CTU) is on strike to get, among other things, more pay. They originally asked for a 30 percent pay raise. The current offer on the table is a 16 percent pay hike over four years. They don’t deserve a penny increase. In fact, they deserve a...

Can you wait four years to get a job in Illinois?

By Lawrence McQuillan
08/21/2012
Illinois’ July unemployment rate hit 8.9 percent, up from 8.7 percent in June, the second consecutive monthly increase. Thirty-nine states have a lower unemployment rate than Illinois. According to the U.S. Bureau of Labor Statistics, Illinois’ labor force is roughly 6.5 million people. More than half a million of them are unemployed. This is a...

Another day, another terrible competitiveness ranking for Illinois

By Lawrence McQuillan
07/12/2012
CNBC just released its 2012 America’s Top States for Business, and guess what, Illinois didn’t top the list (no surprise there), but it wasn’t even in the top half! Illinois placed a dismal 26th, worse than most of its neighboring states. Texas took top honors as it has done for three of the six years that...

The lost decade

12/06/2011
by Amanda Griffin-Johnson Between 2000 and 2010, Illinois lost 434,100 jobs – more than almost any other state. By comparison, Texas gained 910,400 jobs during the same time span. Click on the image below to check out our interactive dashboard to see how Illinois stacked up against other states in job creation over the last decade.

Things you think are treats but really are tricks

10/27/2011
by Amanda Griffin-Johnson This time of year, children go door-to-door dressed in costumes to ask their neighbors for treats. Throughout the year, governments at the federal, state and local level provide services and programs that many look upon as treats. But considering the cost and inefficiency of some of these programs and services, are these...

Illinois’s Job Creators and Workers: “Complainers”?

10/10/2011
by Emily Dietrich After a weeklong excursion to Asia, Gov. Quinn made a splash last Wednesday with his first public statement in 20 days. Quinn said that those expressing concern over Illinois’s economy are “complainers” and “naysayers.” As evidence of a positive jobs market, Quinn pointed to the job growth the state experienced last year. True, the...

Illinois Business Climate Ranks in Bottom

09/20/2011
by Emily Dietrich Yesterday’s headline in the Chicago Tribune, “Illinois Among Worst States to do Business,” encapsulates what’s been on the minds of countless job creators and job seekers across the state. A new study by the Development Counsellors International reports that of the 322 U.S. corporate executives surveyed, nearly one quarter viewed Illinois as having one of...

Stop Picking Winners and Losers

08/23/2011
by Emily Dietrich This year Illinois lawmakers spiked taxes on employees and employers alike. But when big businesses threatened to move to other states in response to the higher taxes, Illinois politicians rushed in and offered tax cuts and other incentives. Companies like Motorola and Caterpillar were saved. But what’s the real story behind the tax increases?...