Unemployment claims bumped up for a second week in Illinois as Gov. J.B. Pritzker decided to push for 9 new taxes, mostly hitting businesses and job creation. Illinois ranked 49th for recovery last week.
Illinois’ second minimum wage increase this year is part of a plan to hit $15 an hour in 2025. Small businesses face tough decisions on cutting staff or raising prices.
A study from WalletHub ranks Illinois 50th-most severe on COVID-19 restrictions on bars and restaurants. 233,500 jobs were lost in that sector since February.
Monthly sales tax collections in Illinois continued sharp declines compared to one year earlier amid strict COVID-19 restrictions. Neighboring states with more open economies fared better.