Illinois trails surrounding states in post-recession employment growth
Illinois trails surrounding states in post-recession employment growth
Illinois still has 144,000 fewer people working compared with the state’s pre-recession employment level, while surrounding states have all experienced employment growth.
By Madelyn Harwood
Illinois Senate passes legislation to slash start-up costs
Illinois Senate passes legislation to slash start-up costs
Illinois currently has the highest start-up fees in the country, further burdening the already-unfriendly business climate in the state.
By Michael Lucci
How Joe Ocol makes kings and queens in Englewood
How Joe Ocol makes kings and queens in Englewood
Joe Ocol is taking his South Side chess team to one of the nation’s premier tournaments. But he needs help paying their way.
By Austin Berg
How Joe Ocol makes kings and queens in Englewood
How Joe Ocol makes kings and queens in Englewood
Joe Ocol is taking his South Side chess team to one of the nation’s premier tournaments. But he needs help paying their way
What if Illinois grew like Indiana?
What if Illinois grew like Indiana?
Despite Illinois’ built-in economic advantages, personal income in Indiana is growing much faster than personal income in Illinois.
By Michael Lucci
Illinois homeowners need relief, but don’t be duped by fake property tax reform
Illinois homeowners need relief, but don’t be duped by fake property tax reform
Effective property tax reform must rein in the government costs that drive up taxes.
By Austin Berg
Puerto Rico’s ‘bankruptcy’ a warning to Illinois
Puerto Rico’s ‘bankruptcy’ a warning to Illinois
Illinois needs to enact structural spending reforms to avoid following Puerto Rico down the path to insolvency.
By Ted Dabrowski, John Klingner
High-ranking official in secretary of state’s office under investigation
High-ranking official in secretary of state’s office under investigation
The details of an investigation into Candace Wanzo, an official in the Illinois secretary of state’s office, are not yet known, but she pleaded guilty to embezzlement before working for the secretary of state’s office.
Illinois gave Glassdoor more than $6M in tax breaks in 2016
Illinois gave Glassdoor more than $6M in tax breaks in 2016
Glassdoor agreed to three sets of hiring dates in 2016, 2017 and 2018 in which the job-finding website would hire 240 new employees.
By Brendan Bakala
While politicians posture, Illinois industry is getting crushed
While politicians posture, Illinois industry is getting crushed
The average cost of workers’ comp for steel workers among neighboring states is under $8 per $100 of payroll compared to nearly $12 in Illinois.
By Austin Berg
Illinois businesses announce more than 1,200 mass layoffs in April
Illinois businesses announce more than 1,200 mass layoffs in April
Cook and Lake counties had the greatest number of mass layoffs in April 2017, with most of the jobs lost coming from the service and hospitality sectors.
By Brendan Bakala
Expanding aldermanic power spells disaster for Chicago businesses
Expanding aldermanic power spells disaster for Chicago businesses
Since Mayor Rahm Emanuel took office in 2011, aldermen have been on the defensive regarding their power. The latest attempt to retain some of that power is taking place along a stretch of 71st Street in the 5th Ward.
By Chris Lentino