Articles

  • 1 month ago | illinoispolicy.org | Ravi Mishra |Jon Josko

    Illinois’ job market continued to struggle in January as the national economy grew. The job troubles were seen in eight of Illinois’ 13 metropolitan areas, with Champaign-Urbana hit the hardest. Illinois job growth continues to lag as the state lost 1,100 jobs across its metropolitan areas in January while the U.S. economy added 125,000 jobs.

  • 1 month ago | illinoispolicy.org | Patrick Andriesen |Jon Josko

    Illinois companies announced 1,666 mass layoffs in February, with more than 4-in-5 impacting workers in Cook County. Schaumburg alone accounted for one-third of job losses. Illinois companies announced 1,666 mass layoffs during February, with the highest concentration in Schaumberg at a subsidiary of Nestlé. Of the 1,666 Illinois layoffs, 550 hit Schaumburg after Elite Staff Inc.

  • 2 months ago | illinoispolicy.org | Patrick Andriesen |Jon Josko

    Illinois companies announced 2,342 mass layoffs in January 2025, according to state reports. More than 9-in-10 job cuts impacted Cook and the collar counties. Illinois companies announced 2,342 mass layoffs in January 2025, with more than 9 in 10 job cuts impacting Cook County and its surrounding counties, according to state reports.

  • 2 months ago | illinoispolicy.org | Patrick Andriesen |Jon Josko

    New data shows nine of 15 Illinois metropolitan areas added jobs in December as the state gained 8,800 jobs. Ten metro areas reported higher unemployment than the national average. New data shows nine of the 15 Illinois metropolitan areas added jobs in December 2024, reporting an overall increase of 8,800 jobs statewide, according to the U.S. Bureau of Labor Statistics.

  • 2 months ago | illinoispolicy.org | Ravi Mishra |Jon Josko

    Illinois continues to maintain a sluggish job market and high unemployment. The December unemployment rate was third highest in the nation, where it has remained for months. Illinois remains one of the states with the highest unemployment rates, ranking No. 3 with a 5.2% rate during December. That 5.2% unemployment rate translated into about 340,000 Illinoisans looking for work, according to the U.S. Bureau of Labor Statistics.

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