Wisconsin

Illinois unemployment rate falls to 8.7%, continues to lag behind national average

By John Klingner
12/21/2013
Illinois’ unemployment rate fell to 8.7 percent in November from 8.9 percent a month prior, according to the U.S. Bureau of Labor Statistics. Illinois still has the fourth-highest unemployment rate in the nation, behind only Nevada, Rhode Island and Michigan. The state gained 9,400 payroll jobs over the month, while the number of unemployed Illinoisans...

TAGS: jobs, unemployment

Wisconsin competes for jobs while Illinois moves in the wrong direction

By Justin Hegy
12/20/2013
Wisconsin Gov. Scott Walker recently expressed interest in eliminating his state’s income tax. Walker realizes this move will give Wisconsin a competitive edge in competing for jobs and attracting new business. This new reform would add to important steps that state already has made, including labor reforms in late 2011 that helped the state’s budget...

TAGS: income tax, jobs, taxes, unemployment

Illinois has the highest sales taxes of its neighbors

By John Klingner
12/20/2013
Illinois has high sales taxes. As of January 2013, Illinois had the 12th-highest combined state and average local sales tax rate in the country at 8.13 percent – higher than all bordering states. Chicago’s combined sales tax rate of 9.75 percent tied with Los Angeles as the highest sales tax among major U.S. metropolitan areas...

TAGS: Chicago, sales tax

Bipartisan success 2013

By Matt Paprocki, Jane McEnaney
12/19/2013
The Illinois Policy Institute introduced the only comprehensive pension reform plan during the 2013 legislative session. The Institute’s pension solution is the first plan that shifts Illinois workers out of the state’s broke defined benefit system and into a 401(k)-style plan, giving workers control and the pension system solvency. The introduction of this legislation has...

ADM relocates to Chicago – without state tax incentives

By Michael Lucci
12/19/2013
Archer Daniels Midland, an Illinois-based agribusiness giant, announced today that it will move the company’s global headquarters from Decatur, Ill., to Chicago, despite a tax incentive bill worth $30 million to ADM being stalled in the Illinois General Assembly. The decision keeps 60 to 75 executive-level jobs in Illinois, and comes a week after Office...

TAGS: Archer Daniels Midland, Chicago, cronyism, taxes

Government union power cracking as support wanes

By Paul Kersey
12/10/2013
While teachers unions hold tremendous power, cracks are starting to appear in their foundations.  As Stephanie Simon reports in Politico, both the National Education Association and the American Federation of Teachers are dealing with new challenges: declining membership, the growing popularity of Right-to-Work laws and a loss of support among the public. As Simon describes...

TAGS: AFT: American Federation of Teachers, lobbying, unions

Disappearance of Illinois’ manufacturing sector

By Justin Hegy
10/10/2013
It’s hard not to notice the disappearance of Illinois’ manufacturing sector. Anyone driving through the outskirts of Peoria can witness the closed buildings and half-abandoned neighborhoods. Cities all across Illinois have seen a similar story unfold. Illinois’ manufacturing base has been in decline, losing over 130,000 manufacturing jobs in the past decade. Even during the...

TAGS: progressive income tax