According to union financial reports filed with the U.S. Department of Labor, there are more than 120 employees of the Illinois Education Association, or IEA, and the Illinois Federation of Teachers, or IFT, earning more than $100,000.
TAGS: unions, Uniserv
By Paul Kersey
08/21/2012
A coalition of progressive groups is beginning to coalesce around a proposal to create a progressive income tax in Illinois. Under their plan state income tax rates will increase as one reaches higher incomes, up to a top rate of 11 percent for incomes over $1 million. This plan would leave Illinois with one of...
by Emily Dietrich Illinois’ economy added 30,000 jobs in the month of October. However, the state’s unemployment rate ticked up to 10.1 percent. This contradiction leaves many wondering: did the Illinois jobs market improve or not? To evaluate the jobs market, economists rely on two surveys produced by the Bureau of Labor Statistics, or BLS. The...
by Emily Dietrich Is the national economy really at fault for Illinois’ poor jobs market? The Illinois Department of Employment Security (IDES) released the September numbers on Illinois’ jobs market yesterday. The report was titled: “National Slowdown Impacts Illinois’ Economy.” This report comes on the heels of their August report, titled: “Stagnant National Growth Squeezes Illinois Labor Market.”...
by Emily Dietrich Illinois’ unemployment rate rose to 10 percent, the Illinois Department of Employment Security reported today. For yet another month, more Illinoisans were added to the unemployment rolls. Specifically, 10,500 people lost their jobs last month or started looking for work after having given up. Yet, Illinois did experience some job creation. In September, 1,600...
by Emily Dietrich Today the Bureau of Labor Statistics reported that the majority of U.S. metropolitan areas decreased their unemployment rate from last year. Unfortunately for the largest metropolitan division in Illinois – Chicago-Joliet-Naperville – this was not the case. With unemployment spiking 0.7 percentage points from a year earlier, Chicago-Joliet-Naperville experienced the largest unemployment rate increase...
by Emily Dietrich President Obama convened a joint session of Congress Thursday night to unveil his latest jobs proposal. Almost immediately, lawmakers and political pundits levied harsh criticism. Leftists expressed fear that the President’s proposal isn’t “bold” enough. The purported $450 billion price tag doesn’t come near the $1 trillion in spending some have agitated...
The Springfield School Board did not choose the lowest bidder to install a geothermal wellfield, which cost taxpayers an additional $125,000.
The Governor's budget recklessly ignores the biggest problem Illinois faces: Out of control spending.
by Kate Piercy “Where are the new jobs?” asks John Stossel in his article today. Why aren’t businesses hiring? Well, Stossel concludes businesses will not start investing in new workers until the current “regime of uncertainty” ends, explaining: After previous recessions, unemployment didn’t get stuck at close to 10 percent. If left alone, the economy can...
