Marion Gipson
Marion Gipson
“Sometimes I think about how many more customers we’d have if the city wasn’t so overbearing about tickets and taxes.”
Sam Sanchez
Sam Sanchez
“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.”
Ep. 47: Are we in a recession?
Ep. 47: Are we in a recession?
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...
10 Illinois metro areas gain jobs, only 1 recovers from pandemic
10 Illinois metro areas gain jobs, only 1 recovers from pandemic
Only Bloomington has recouped early 2020 job losses, which is bad news for Illinois’ lagging economy as recession fears increase.
Jackie Jackson
Jackie Jackson
"Running a business can be stressful at times, but I do it because I absolutely love offering job opportunities.”
Illinois still missing 1 in 7 jobs lost during pandemic
Illinois still missing 1 in 7 jobs lost during pandemic
With the highest unemployment rate in the Midwest and 117,000 jobs still missing, Illinois’ labor market is among the least recovered in the region.
Illinois sees nation’s largest drop in job openings as recession fears grow
Illinois sees nation’s largest drop in job openings as recession fears grow
Illinois’ job opening rate declined 1.5 percentage points in May. That’s not a good way to enter a potential recession.
Illinois leads the nation in foreclosures in 2022
Illinois leads the nation in foreclosures in 2022
Illinois homeowners are most likely in the nation to be in foreclosure. The looming $2,100 property tax hike from Amendment 1 would make housing even more unaffordable.
What a recession would mean for Illinois
What a recession would mean for Illinois
Politicians and pundits can’t seem to agree about whether the U.S. is in a recession, but the semantics matter little for struggling Americans. Illinois can expect economic pain regardless of what it’s called.
Pritzker sells Thompson Center for one-third of predicted price
Pritzker sells Thompson Center for one-third of predicted price
Gov. J.B. Pritzker sold the iconic state office building in downtown Chicago to Google for $105 million. He settled for far less than the $300 million sale price state politicians predicted.
Illinois slices into family deli’s bottom line
Illinois slices into family deli’s bottom line
Gov. J.B. Pritzker added $650 million in taxes and fee hikes for small businesses in his last budget. Voters will decide Nov. 8 if Illinois’ business climate will get tougher, yet, through Amendment 1.
Illinois adds 18,800 jobs in June, still missing 117,000 from pandemic
Illinois adds 18,800 jobs in June, still missing 117,000 from pandemic
Illinois’ employment recovery continued in June, but the state is still missing one in seven jobs lost during the pandemic.
Highest inflation in 40 years deals Illinoisans $2,900 pay cut
Highest inflation in 40 years deals Illinoisans $2,900 pay cut
Wages have failed to keep up with inflation, dropping Illinoisans’ purchasing power by $2,900 on average.
US jobs report beats June estimate, but Illinois at greater risk if recession hits
US jobs report beats June estimate, but Illinois at greater risk if recession hits
Illinois is one of the states with the most to gain from the continued national jobs recovery, but could be hit harder than other states by a recession.