Posted on 02/05/2015 8:17:17 PM PST by george76
Illinois still lays claim to the worst recession recovery in the nation. According to the BLS household survey, there are still 216,000 fewer Illinoisans working than when the Great Recession began, the worst of any state and one of only 22 states that still have fewer people working than when the recession started.
....
The business-establishment survey for the 2008-2014 period shows 114,000 fewer payroll jobs in Illinois than when the recession began, the second-worst record of any state, and one of only 15 states yet to break even on the recession. Only New Jersey is down more payroll jobs.
...
enacting a pro-growth tax policy and replacing Illinois’ smothering regulatory environment are critical for locking in current gains and weathering future storms.
Illinois can start by reversing its reputation as a hazardous state for small businesses, which earned the state an “F” for small-business friendliness in 2014. This can be done by enacting a legislative agenda for entrepreneurs, along with encouraging local economic reforms to foster startups and innovative business models.
(Excerpt) Read more at illinoispolicy.org ...
This state is finished.
I love how they wrote “and one of only 22 states”...
22 states is 44% of the states inthe nation. Not a minute amount to use “only”.
only 22 states...
the birth and death rates of American companies is in negative numbers: Worst in 35 years.
A previous thread was about the fact that there is a record percentage LOW number of full-time jobs in the US.
YUP!
Grew up in Chicago and ran my own practice for 8 years. The state makes it very time consuming and expensive to run a small business, mostly due to bureaucracy.
The only answer my state, (Illinois) knows is, more taxes.
Only 44 Percent of U.S. Adults Work 30 Hours a Week or More with a Regular Paycheck.
http://www.freerepublic.com/focus/f-news/3254201/posts
I’m not surprised by that news. I live near Chicago, and I’ve been looking for a job since I was laid off in May 2011. Since May 2013, I’ve had a job, but I only work 27 hours per week for $12 per hour. I want to work more hours, but my company doesn’t allow many people to do that.
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