Illinois added 8,400 jobs in June, but unemployment remained high compared to the rest of the nation. The state still hasn’t recovered the jobs it had before the pandemic.
Rail car company TTX is heading for North Carolina, adding to the list of corporations formerly headquartered in Chicago. Companies such as McDonald’s and the Chicago Mercantile Exchange could be next.
The union-backed legislation would grant Illinois’ second-largest electric utility a temporary monopoly over the construction of new transmission lines across nearly three-quarters of the state. Gov. J.B. Pritzker promised to veto it.
While most Illinois metropolitan areas saw job gains last month, unemployment rates remain higher than the U.S. rate in 11 of the state’s 13 metro areas.
While government jobs outpaced the overall growth for the month, manufacturing and construction took the biggest losses as the unemployment rate remains among the worst in the nation.
The bulk of those leaving Illinois are aged 26-54 and their dependents.
Illinois was one of 14 states that made it legal for restaurant and bar owners to deliver cocktails or sell them to-go as a survival tactic during the COVID-19 pandemic. Gov. J.B. Pritzker just signed the bill to extend the policy into 2028.
1,108 Illinois communities of all sizes shared in the record loss of more than 104,000 residents in 2022, according to new Census Bureau data. Chicago lost 32% of the state’s total.
Industry sources report one of Chicago’s largest money management firms could soon move their Illinois headquarters to Florida. Guggenheim Partners would be the sixth large company and second investment firm to move out of Illinois in the past year.
Illinois lost more than 105,000 residents and $10.9 billion on net in adjusted gross income to other states from 2020-2021, according to new federal tax return data. Losses were spread across every age and income group.
Chicago is still missing 26,500 jobs from pre-pandemic levels. Voters agree: more taxes on businesses is the wrong answer.
Illinois’ record population decline affected nearly all counties in 2022
94,344 residents moved out of Cook County, the sole reason for 2022 population decline.
Out-of-state cannabis sales fell to $31 million in February, the lowest since February 2021. Missouri starting recreational pot sales at a lower cost is a major factor.