Jobs + Growth

Illinois employers announce 600 layoffs in June

Illinois employers announce 600 layoffs in June

Illinois’ June WARN report shows 600 mass layoffs for the state in June, with 44 jobs lost in manufacturing, an improvement over May’s 1,300 layoffs and 500 manufacturing job losses.

Regulatory excess can transform entrepreneurs into unwitting criminals

Regulatory excess can transform entrepreneurs into unwitting criminals

Illinois entrepreneurs face myriad regulations that impede starting or running a business. Compliance with those regulations is costly; more importantly, it is almost impossible for entrepreneurs to know every regulation that affects their businesses. The uncertainty of not knowing the law creates a regulatory minefield and takes away opportunity for Illinoisans.

By Mark Adams

Illinois one of few states still recovering from the Great Recession

Illinois one of few states still recovering from the Great Recession

Most states have far outstripped Illinois on the number of jobs recovered. And even worse, Illinois has also lagged in the quality of jobs recovered. Illinois was the 37th state to recover and match its pre-recession jobs count. But there are still 110,000 fewer Illinoisans working today than before the recession began.

By Michael Lucci

Chicago passes new rules on Uber and Lyft

Chicago passes new rules on Uber and Lyft

The city will require rideshare drivers to complete an online course before hitting the road, and will allow ridesharing platforms such as Uber and Lyft to continue conducting their own background checks.

By Austin Berg

May jobs report: Illinois loses 2,500 payroll jobs, workforce shrinks by 9,100

May jobs report: Illinois loses 2,500 payroll jobs, workforce shrinks by 9,100

Weak jobs numbers across the Midwest reflect the possibility of an oncoming economic slowdown. In fact, it would not be surprising to face a recession in the upcoming months, given that U.S. jobs growth has been weakening, and it has been seven years since the previous recession ended – a long period of expansion by historical norms.

By Michael Lucci