October jobs report: +2,200 jobs, but workforce dropout and unemployment rise
October jobs report: +2,200 jobs, but workforce dropout and unemployment rise
New IDES data show that Illinois’ overall jobs growth was weak for October. While the greater Chicago area had tepid jobs growth over the year, the rest of the state lost jobs.
By Michael Lucci
Illinois metro jobs data tell a tale of two states
Illinois metro jobs data tell a tale of two states
Metropolitan jobs data show that from September 2015 – September 2016 the greater Chicago area is up approximately 49,000 jobs, while the rest of the state is down 6,000 jobs.
By Michael Lucci
A sorry state: Illinois’ economy in 2017
A sorry state: Illinois’ economy in 2017
Since the end of the recession, only 5 out of Illinois’ 13 metro areas – Carbondale-Marion, Chicago, Kankakee, Lake County-Kenosha County and Springfield – have recovered all the private-sector jobs lost from the Great Recession.
By Orphe Divounguy
National election results give Rauner opportunity for Medicaid overhaul
National election results give Rauner opportunity for Medicaid overhaul
The time is ripe to offer private insurance options to needy Illinoisans through premium-assistance programs and Medicaid savings accounts.
By Ted Dabrowski, Craig Lesner
Aldermen rubber stamp Rahm’s 2017 budget
Aldermen rubber stamp Rahm’s 2017 budget
Despite the heavy burden Mayor Rahm Emanuel’s 2017 budget imposes on Chicago taxpayers, not a single alderman voted against it.
Madigan’s millions: Why the speaker should release his tax returns
Madigan’s millions: Why the speaker should release his tax returns
Every dollar Madigan earns back for his corporate clients makes someone else’s property-tax bill go up.
By Austin Berg
Lawsuit challenges Chicago’s unconstitutional Airbnb ordinance
Lawsuit challenges Chicago’s unconstitutional Airbnb ordinance
Airbnb has reported that about 4,800 Chicagoans are Airbnb hosts, and they earn an average of $5,300 per year renting out their homes through the service.
State of Illinois’ pension debt jumps to $130 billion
State of Illinois’ pension debt jumps to $130 billion
Illinois households are now on the hook for $27,000, up 17 percent from 2015.
By John Klingner
Time to take action on Illinois’ manufacturing meltdown
Time to take action on Illinois’ manufacturing meltdown
More than 6,000 Illinois manufacturing jobs disappeared in 2015.
By Austin Berg
Labor board declares impasse in contract negotiations between AFSCME and the state
Labor board declares impasse in contract negotiations between AFSCME and the state
Negotiations between Illinois and AFSCME – the state’s largest government-worker union – languished for months. While AFSCME demanded contract benefits that would cost the state $3 billion in additional salary and benefit increases, Gov. Bruce Rauner offered a contract that treats state workers fairly and avoids further burdening taxpayers. On Nov. 15, the Illinois Labor Relations Board issued a decision that prevents AFSCME from obstructing progress on an agreement.
By Mailee Smith
Illinois’ wealth flight explained in 4 graphics
Illinois’ wealth flight explained in 4 graphics
IRS data show the average income of taxpayers leaving Illinois surpassed the average income of taxpayers entering the state by $20,000 in 2014, a record loss for Illinois in the wake of the 2011 income-tax hike.
By Michael Lucci
Legal food carts roll into Chicago, but roadblocks abound
Legal food carts roll into Chicago, but roadblocks abound
An otherwise ordinary fall day turned joyous on Sept. 24, 2015. Dozens of food-cart street vendors rallied at Chicago City Hall to show support for an ordinance that would legalize the vendors’ trade. Approximately 1,500 food carts – beloved by their communities in Chicago’s predominantly Hispanic neighborhoods – had operated in an underground economy for...
Food trucks fight for the right to exist
Food trucks fight for the right to exist
Pepe Balanzar learned to make tamales from his grandmother. Growing up in the restaurant business, she would make one batch for selling and one batch for family. The family batch had more meat, more “masa,” or dough, and more flavor. So when Balanzar opened Chicago’s first food truck, he had to choose a side: Which...