Metropolitan jobs data shows that from October 2015 – October 2016 the greater Chicago area is up +33,500 jobs while the rest of the state is down -2,700 jobs. Measured since before the Great Recession, from October 2007 – October 2016, the greater Chicago area is up 110,100 jobs while the rest of the state is down -42,700 jobs.
L.A. Tan has settled a class action lawsuit in which plaintiffs alleged the company stored customers’ fingerprint data in violation of Illinois’ Biometric Information Privacy Act, or BIPA. Whether this settlement opens the gates to a flood of BIPA litigation remains to be seen.
The cost of workers’ compensation for municipalities, counties and state government in Illinois is more than $400 million per year.
Employers in the Land of Lincoln announced 650 mass layoffs in November, according to the November edition of the Illinois Worker Adjustment and Retraining Notification, or WARN, report. This report marks the first time since July 2015 that there wasn’t single mass-layoff announcement in the manufacturing sector. The types of jobs lost were spread across...
In her Dec. 5 ruling, a Cook County Circuit Court judge said Chicago’s oppressive food truck regulations serve legitimate city interests. But evidence shows the only interests the rules protect are those of politically connected restaurant owners and politicians.
Cook County Circuit Court Judge Anna Helen Demacopoulos squelched a ray of hope for Chicago food trucks Dec. 5 as the court upheld two of the city’s most oppressive regulations. In recent weeks, Mayor Rahm Emanuel has been coming after these small-business owners. But they’ve faced the city’s wrath for years, even after City Council...
“I was homeless before I got this job. I sat right out here for years with a sign that said ‘Please help.’ Every day, for years, even with eight feet of snow out here. Every day. People look at me a lot different now. They were seeing me sitting on the ground, now they see...
“This thing started with me, my buddy and a paintbrush. It was all bootstrapped. We ran the businesses out of two garages and a den at our secretary’s house. Now we have anywhere from 20 to 40 guys working for us. I’m really proud of it. It’s what I’ve spent my entire adult life doing....
Chicago and Illinois have plenty of their own problems on the manufacturing front, with issues such as high property taxes and workers’ compensation costs driving production facilities to other states. But U.S. trade policy regarding sugar isn’t helping matters. For each one sugar growing and harvesting job saved through high U.S. sugar tariffs, nearly three confectionery manufacturing jobs are lost, according to the International Trade Administration.
The proposed legislation would have hiked costs for taxpayers and undermined market forces, all to benefit special interests.
Illinois House Speaker Mike Madigan’s spokesman, Steve Brown, has repeatedly implied that Illinois insurance companies are hoarding cost savings. However, this couldn't be happening unless insurance companies were colluding in violation of the principle of antitrust laws, and there's no evidence they are. Illinois trial lawyers have echoed Brown's sentiments, but they don't seem to see evidence of antitrust violations either given that they haven't brought lawsuits against insurance companies for violating federal antitrust law.
Calls for a minimum-wage hike nationwide and in Illinois are increasingly met with businesses’ use of technology to cut costs.
The northwest suburb of Barrington passed an ordinance to allow local businesses to forgo Cook County’s minimum wage hike, which has the potential to be devastating for jobs in the county.
Workers’ compensation is a significant cost to Illinois taxpayers and drains scarce tax dollars from government coffers. Political and business leaders often view workers’ compensation as a costly regulation that affects private-sector investment and employment in Illinois.[1] This description is accurate yet incomplete. The same heavy costs imposed on private-sector employers[2] are also imposed on...