Gov. Pat Quinn is pitching a plan that would effectively cut out young and inexperienced labor from the work force, and further exacerbate youth unemployment in the state. The governor revealed in a Wednesday press conference that he is seeking to raise the minimum wage from $8.25 to $10, lifting the barrier to entry for...
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...
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...
Nearly 1,800 workers will be laid off throughout Illinois in the next two months. This unfortunate holiday news will affect nearly 500 Dominick’s employees as the company prepares to close up shop in Illinois. The latest round of notices includes 141 workers from the company’s Oak Brook headquarters and another 332 workers at its Northlake...
The number of Illinoisans enrolled in Supplemental Nutrition Assistance Program, or SNAP, remained above 2 million in September. This is the 12th month in a row enrollment has remained above 2 million people. That means one-sixth of Illinoisans have spent more than a year relying on government handouts for their next meal. And it should...
The national unemployment rate fell to 7 percent in November, down from 7.3 percent a month earlier, according to the latest report from the U.S. Bureau of Labor Statistics, or BLS. The number of unemployed Americans fell by 365,000, while both the number of employed and the labor force grew over the month. The number...
Eight of Illinois’ 10 Metropolitan Statistical Areas, or MSAs, saw their unemployment rates rise or remain stagnant compared to October 2012, according to today’s combined September-October metropolitan area unemployment report from the U.S. Bureau of Labor Statistics. The Decatur and Danville regions are still suffering the highest unemployment in the state, with 12.3 percent and...
Illinois’ unemployment rate fell to 8.9 percent in October from 9.2 percent in August, according to the U.S. Bureau of Labor Statistics. A total of 4,800 payroll jobs were created between August and October. Today’s BLS report, which included both October and September numbers, was delayed until today due to the government shutdown in October....
The Bureau of Labor Statistics announced that the national unemployment rate rose in October to 7.3 percent from 7.2 percent one month earlier. There are 11.3 million Americans currently unemployed. The U-6 unemployment rate, which includes all workers who are unemployed or underemployed, rose to 13.8 percent, up from last month’s 13.6 percent. In total,...
This month, the more than 2 million Illinoisans currently enrolled in the Supplemental Nutrition Assistance Program, or SNAP, will see a cut to their monthly food stamp benefits. An Illinois family of three will see their benefits decrease about $29. Currently, the average Illinois household receives $285 a month in benefits. The cut in benefits is due...
After nearly a month’s delay due to the federal government’s shutdown, the Bureau of Labor Statistics announced yesterday that the national unemployment rate edged down in September to 7.2 percent from 7.3 percent one month earlier. Overall, 11.3 million Americans remain unemployed. The U-6 unemployment rate, which includes all workers who are unemployed or underemployed,...
The number of Illinoisans enrolled in the Supplemental Nutrition Assistance Program, or SNAP, remained above 2 million in July. This is the 10th month in a row enrollment has exceeded 2 million, or one-sixth of Illinoisans. And the number of Illinoisans who seem permanently stuck on government assistance is growing larger. Illinois puts more people...
The delay in unemployment reports due to the federal government shutdown has not changed Illinois’ overall gloomy jobs picture. Unemployment is still high in many cities across the state. According to the latest seasonally adjusted unemployment numbers from the U.S. Bureau of Labor Statistics, half of Illinois’ Metropolitan Statistical Areas, or MSAs, had unemployment rates...
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...