By Paul Kersey
08/20/2014
Nearly all government employees are forced to pay money to a union as a condition of keeping their jobs. And it’s not cheap. The forced dues can reach as high as $1,000 per year in the case of Chicago public school teachers. Union officials can count on hundreds of millions of dollars a year in...
TAGS: labor, membership, unions, waste
By Benjamin VanMetre
07/30/2014
401(k)-style retirement plans have become America’s primary retirement vehicle. In 1985, only one in 10 Fortune 100 companies offered 401(k)-style retirement plans to their employees. Today, seven in 10 Fortune 100 companies provide only defined-contribution, 401(k)-style retirement plans to new employees. This trend is in line with the private sector overall, where nearly 85 percent of...
By Naomi Lopez Bauman
05/15/2014
Link to tweet. If you are an employer or are in charge of human resources for your organization, you might soon be on the receiving end of the U.S. Department of Labor’s social media campaign to increase the minimum wage. Unlike the job-creators in the economy, federal bureaucrats don’t seem to fully-grasp how employers determine...
By Brian Costin
01/14/2014
Earlier this week in a televised White House address President Barack Obama said, “I can’t name a time where I met an American who would rather have an unemployment check than the pride of having a job.” But Obama’s statement is contrary to recent statistics released by the U.S. Department of Labor, which show many...
TAGS: unemployment
By Chris Andriesen
03/31/2013
The Illinois Department of Employment Security announced today that the Illinois unemployment rate remained at 9.5 percent in March. Three months ago it was 8.6 percent.
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...
