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What’s behind Illinois’ employment collapse?
Illinois Policy.org ^ | 2/24/2014 | Michael Lucci

Posted on 03/02/2014 11:42:15 AM PST by Beave Meister

A smaller and smaller percentage of adults are working to support the entire state population. Why does this matter?

Because a booming economy provides the benefits of opportunity and upward mobility. But not only that. Growing the number of taxpayers is essential for funding core government services and pension bills. The only other tools legislators have are tax hikes, which have done more to chase away taxpayers than to fund the government.

The percentage of the working-age population that is employed fell by 5.6 percentage points, from 65 percent in January 2008 to 59.4 percent in December 2013. This percentage, called the employment ratio, has been described by economist Paul Ashworth as the “best measure of labor market conditions.”

The Great Recession hit the jobs market in January 2008. Since then, Illinois has seen a greater decline in its employment ratio than any other state in the Midwest.

(Excerpt) Read more at illinoispolicy.org ...


TOPICS: Chit/Chat
KEYWORDS: brucerauner; chicago; corruption; economy; illinois; jobs; patquinn; pensions; politicians; taxes; taxpayers; thugs; unemployment; unions
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To: Beave Meister

Liberalism mixed with Communism, mixed with Nation Socialism, mixed with mob behavior, mixed with sin.


21 posted on 03/02/2014 12:55:07 PM PST by bmwcyle (People who do not study history are destine to believe really ignorant statements.)
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To: Beave Meister
In six years Illinois has lost almost nine percent of its workforce? I am reminded of the automatic systems on commercial airliners. Don't you hear "PULL UP! PULL UP! PULL UP!" just before crashing into the ground?

People in Illinois should be hearing "PULL UP" right about now, though I think it is too late to do much about it.

22 posted on 03/02/2014 1:01:50 PM PST by William Tell
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To: Pining_4_TX
Pining_4_TX said: "Just remember that everything is flexible there, particularly with the local authorities. "

Are you describing, "Pay to play"?

23 posted on 03/02/2014 1:04:53 PM PST by William Tell
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To: bigbob
The best hope is Bruce Rauner, a millionaire businessman running for Governor on the promise of running the state like a business and term limits. We’ll find out in a few weeks...

Rauner is the Combine candidate. Google his support of Rahm Emanuel.

24 posted on 03/02/2014 1:06:41 PM PST by InMemoriam (Have a seat over there, Mr. Mohammed. Aisha, go play on your swingset, honey.)
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To: Beave Meister

Toll booths every five yards on the freeway to Wisconsin.


25 posted on 03/02/2014 1:59:32 PM PST by Luke21
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To: Beave Meister

democrats


26 posted on 03/02/2014 2:09:00 PM PST by bravo whiskey (We should not fear our government. Our government should fear us.)
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To: Beave Meister

The parasites are killing the host.


27 posted on 03/02/2014 4:19:27 PM PST by dynachrome (Vertrou in God en die Mauser)
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To: Ray76

Maybe the crime rate? I belong to a group that was going to be meeting in Chicago. After tourists were being mugged we decided to go to another city. Chicago lost a lot of money because they can’t control their crime.


28 posted on 03/02/2014 4:23:33 PM PST by ladyjane
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To: dynachrome

Not parasites, a metastasizing cancer. IL is done, welcome to Detroit.


29 posted on 03/02/2014 6:19:36 PM PST by the anti-mahdi
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To: Secret Agent Man

All New Low-Wage Jobs In 2013 Had Sub-30-Hour Weeks

By JED GRAHAM, INVESTOR’S BUSINESS DAILY
Posted 08:02 AM ET

All of the very low-wage jobs added in 2013 fell below the 30-hour threshold that ObamaCare defines as full-time, an analysis of government wage and hours-worked data suggests.

The finding highlights concerns about the impact of the health law’s employer insurance mandate, the proposed minimum wage hike and — especially — the combination of both.

http://news.investors.com/030314-691672-new-low-wage-jobs-all-sub-30-hours-in-2013.htm


30 posted on 03/03/2014 7:00:09 AM PST by KeyLargo
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To: William Tell

Well, kind of, but it’s more like the laws are flexible based on a number of factors, including if those in authority like you or not.

It’s all done in a friendly wink, wink kind of way.

As for New Orleans, stay in the tourist areas and places with lots of people. Not safe to go off the beaten path.


31 posted on 03/03/2014 1:58:48 PM PST by Pining_4_TX (All those who were appointed to eternal life believed. Acts 13:48)
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To: All


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32 posted on 03/03/2014 2:00:00 PM PST by musicman (Until I see the REAL Long Form Vault BC, he's just "PRES__ENT" Obama = Without "ID")
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