The latest job numbers show Illinois continues struggling to recover pandemic job losses, a bad sign for its lagging economy as recession fears rise.
A new report predicts legalized internet gambling would generate $273.3 million a year in new revenue for Illinois. A safer bet for Illinois’ state workers would be constitutional pension reform.
Gov. J.B. Pritzker is claiming his administration has fought for Illinois families. Since Pritzker took office, Illinois’ unemployment rate is worse compared to other states.
Illinois saw a significant slowdown in employment growth during August. The state is still missing 80,700 jobs from the pandemic.
“I’m a restaurant owner, and an immigrant. Serving food to my community is my American Dream come true.” “Thanks to our customers and friends, our family business survived the pandemic.” “We were doing great recovering until last November when this inflation started and since then everything has been up from 60% to 100%. I see...
Illinois ranked No. 2 in the nation for number of small businesses planning to lay off employees in the coming months. A majority of entrepreneurs have already put a freeze on new hires. Amendment 1 threatens Illinois’ business climate even more.
Portillo’s CEO Michael Osanloo said the Illinois-based chain is looking to expand in states more friendly to businesses.
Illinois’ lagging pandemic recovery continued across its cities in July. Only 1 metropolitan area has recovered from the pandemic.
“Inflation is definitely hitting me on the personal side."
Illinois stands as one of the states with the most to gain – and lose – as the national economy continues to surpass job growth expectations.
Illinois’ employment recovery continued in July, but the state is still missing nearly 1 in 9 jobs lost during the pandemic.
“Sometimes I think about how many more customers we’d have if the city wasn’t so overbearing about tickets and taxes.”
“It’s tough because many businesses closed and those that survived are having a slower recovery. There are a lot of people, including myself, who haven't been able to fully reopen because we’re short-staffed. The cost of labor has increased so much, it’s hard to compete.”
Recession is the buzzword of the week as the economy begins to cool. So, are we in a recession or not? And what does that mean for Illinois? Bryce Hill joins the Policy Shop to talk about the state and national economic picture. Learn more by subscribing to the Policy Shop newsletter at illin.is/newsletter. This...