More Illinoisans fled for other states from July 2021-July 2022 than during any other year in recorded history, driving the state’s record population decline.
New Census Bureau data shows people moving out of Illinois continues to drive the state’s population decline. So many moved away in the year before July 2022, it was almost like Rockford disappearing.
People moving out of Illinois drove the highest population loss on record in 2022, new data from the U.S. Census Bureau shows.
Illinois’ metro areas already face unemployment problems, with some of the nation’s worst rates. They could be hit harder by a recession than other places in the nation.
A new survey found Illinois reported the third-highest increase in small business rent delinquency nationwide during November, with 40% of respondents unable to pay rent on time or in full.
Illinois only added 3,600 jobs in October, a drastic drop in job growth coming amid persistent inflation and rising recession fears. Unemployment led the nation.
Retailers should expect a record number of holiday shoppers this weekend. Shoppers in Illinois will get hit with some of the nation’s highest sales taxes.
AAA predicts nearly 55 million people will travel for Thanksgiving this year, only 2% less than Thanksgiving travel in 2019. Illinoisans hitting the road should try to fill up in other states.
Small Business Saturday offers a reason to be extra thankful: businesses with fewer than 20 employees were the only ones to grow payrolls since COVID-19 hit.
Forbes magazine highlighted Illinois as one of the top states residents are fleeing for more tax-friendly climates.
Thanksgiving will come from SNAP benefits for 1 in 6 Illinoisans this year. That is the nation’s sixth-highest rate, with inflation and a recession looming.
A survey found 37% of U.S. small businesses were delinquent on October rent, with inflation and rising costs absorbing “most sales gains.”
During the past five years, Illinois’ business tax climate has gotten worse while all neighboring states improved or held steady. Six companies this year said they are relocating, and the exodus may not be over.
Illinois added 14,900 jobs in September, but its unemployment rate was the highest in the nation. Inflation and growing recession fears could hit the state harder than most.