Chicago’s Fortune 500 headquarters are shrinking
Chicago’s Fortune 500 headquarters are shrinking
Chicago has lost three Fortune 500 headquarters in 2022. McDonald’s could be the next to leave. Amendment 1 could make it more likely.
Tyson Foods 6th company to leave Illinois in 2022
Tyson Foods 6th company to leave Illinois in 2022
Tyson Foods is relocating 500 employees from Chicago and Downers Grove offices to the corporate headquarters in Arkansas. The meat processor is the sixth company to leave Illinois this year.
Crypto exchange FTX moving U.S. headquarters out of Illinois
Crypto exchange FTX moving U.S. headquarters out of Illinois
FTX CEO Sam Bankman-Fried announced the cryptocurrency exchange is moving its U.S. headquarters to Miami. It’s the fifth major company to relocate its headquarters out of Illinois this year.
Nearly half of Illinois’ metropolitan areas lost jobs in August
Nearly half of Illinois’ metropolitan areas lost jobs in August
The latest job numbers show Illinois continues struggling to recover pandemic job losses, a bad sign for its lagging economy as recession fears rise.
Illinois to legalize internet gambling, executives predict
Illinois to legalize internet gambling, executives predict
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.
Fact check: Unemployment under Pritzker worse than Midwest, U.S.
Fact check: Unemployment under Pritzker worse than Midwest, U.S.
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 adds 4,100 jobs in August, slowing significantly
Illinois adds 4,100 jobs in August, slowing significantly
Illinois saw a significant slowdown in employment growth during August. The state is still missing 80,700 jobs from the pandemic.
Argie Karafotias
Argie Karafotias
“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 ranks No. 2 in nation for small business layoffs
Illinois ranks No. 2 in nation for small business layoffs
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 expanding in states with better economies than Illinois
Portillo’s expanding in states with better economies than Illinois
Portillo’s CEO Michael Osanloo said the Illinois-based chain is looking to expand in states more friendly to businesses.
Only 1 Illinois metro area has recovered COVID-19 job losses
Only 1 Illinois metro area has recovered COVID-19 job losses
Illinois’ lagging pandemic recovery continued across its cities in July. Only 1 metropolitan area has recovered from the pandemic.
Marcus Lucy
Marcus Lucy
“Inflation is definitely hitting me on the personal side."
Illinois unemployment rate is third-highest in the nation, highest in Midwest
Illinois unemployment rate is third-highest in the nation, highest in Midwest
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 adds 31,200 jobs in July, still missing 88,600 from pandemic
Illinois adds 31,200 jobs in July, still missing 88,600 from pandemic
Illinois’ employment recovery continued in July, but the state is still missing nearly 1 in 9 jobs lost during the pandemic.