Jobs + Growth

Illinois unemployment fund faces potential $8 billion deficit

Illinois unemployment fund faces potential $8 billion deficit

Historic unemployment payouts related to the COVID-19 shutdowns left Illinois’ fund billions in the hole. State leaders did nothing to fix it, meaning there could be reduced benefits for the unemployed or higher taxes on employers trying to recover.

By Patrick Andriesen

Illinois McDonald’s offers iPhones if job recruits stay 6 months

Illinois McDonald’s offers iPhones if job recruits stay 6 months

The hospitality industry’s heavy losses during COVID-19 are still being felt, with one McDonald’s offering iPhones to lure recruits. Half the states trimmed unemployment to get workers back, but Pritzker’s message to struggling businesses is they should pay $1.5 billion in new taxes.