Illinois’ comeback story starts here.

S&P hits Chicago Public Schools with credit downgrade

S&P hits Chicago Public Schools with credit downgrade

Standard & Poor’s sent Chicago Public Schools’ credit rating deeper into junk territory in the wake of the new $9.5 billion teachers’ contract. The ratings firm said the new contract will make the district’s financial crisis worse.

By John Klingner

Illinois remains most expensive state in Midwest for workers’ compensation

Illinois remains most expensive state in Midwest for workers’ compensation

The regulatory cost of doing business in Illinois remains the highest in the Midwest for workers’ compensation, according to the 2016 Oregon Workers’ Compensation Premium Rate Ranking study.[1] Illinois’ out-of-balance workers’ compensation laws contribute to the Land of Lincoln’s loss of industrial investment and blue-collar job opportunities. Illinois manufacturing firms often cite workers’ compensation as...

By Michael Lucci