BLS jobs report shows weak economy in Illinois, recovery in neighboring states
BLS jobs report shows weak economy in Illinois, recovery in neighboring states
Illinois saw a 0.23 percent increase in jobs in the first quarter of 2017, the third-worst growth rate in the region.
By Michael Lucci
Illinois loses nearly 9,000 jobs on net in March; unemployment rate drops
Illinois loses nearly 9,000 jobs on net in March; unemployment rate drops
Illinois lost jobs across several industries including construction, manufacturing, and professional and business services. The only employment category to see significant growth was leisure and hospitality.
By Michael Lucci
Construction season means high costs for Illinois taxpayers
Construction season means high costs for Illinois taxpayers
Insurance premiums cost 20 percent of payroll for concrete construction workers in Illinois.
By Michael Lucci
What Illinoisans should know about their taxes
What Illinoisans should know about their taxes
The average income of taxpayers who leave Illinois is $20,000 more than the taxpayers who arrive here.
By Austin Berg
Caterpillar to move corporate headquarters to Deerfield
Caterpillar to move corporate headquarters to Deerfield
The industry giant’s move comes amid continued disinvestment in Illinois manufacturing.
By Austin Berg
Lawmaker sponsors Airline Passenger Protection Act in wake of United Airlines incident
Lawmaker sponsors Airline Passenger Protection Act in wake of United Airlines incident
The legislation would prohibit airlines from “involuntarily removing” seated passengers, and the state from doing business with airlines that do.
By Eric Kohn
Amazon received more than $112 million in EDGE tax credits in 2016
Amazon received more than $112 million in EDGE tax credits in 2016
In exchange for more than $112 million in tax breaks, Amazon promised to expand its Illinois operations and hire 7,200 new employees in Aurora, Monee and Joliet.
By Brendan Bakala
15 southern Illinois counties drop in population
15 southern Illinois counties drop in population
Fifteen counties in the southernmost part of Illinois lost population from July 2015 to July 2016, fueled by significant domestic migration.
House bill would regulate ‘trampoline safety’
House bill would regulate ‘trampoline safety’
Instead of spending time on economic reforms, politicians crafted a bill that would apply new rules and regulations on trampoline safety that would add thousands of dollars in costs for equipment, travel and overtime for inspections.
Gary Amass
Gary Amass
“My job with Chrysler is the longest job I’ve ever had. I’ll have 30 years under my belt in May, all in automotive manufacturing and assembly. “People on the line, a lot of them say ‘you work for what you want, it’s not handed to you.’ That’s one of the things I like about my...
After mass layoffs, a chilling look back at CAT’s plea for reforms
After mass layoffs, a chilling look back at CAT’s plea for reforms
In February 2012, Caterpillar’s then-CEO Doug Oberhelman outlined needed reforms to save Illinois manufacturing jobs. State lawmakers have failed to act, and the Land of Lincoln is the only state in the region to lose manufacturing jobs since.
By Austin Berg
Making sense of the economics of Illinois
Making sense of the economics of Illinois
Illinois has all of the necessary elements for success.
By Michael Lucci
Rick Schock
Rick Schock
“I feel like a dog whose owner has died. “I grew up in Bartlett and my neighbor was a millwright. I broke my drive shaft on my first car when I was 17 years old, but he had a little shop and said he could fix it for me. He cut it, welded it, good...