| Submit your comments on this article |
| Economy |
| Illinois Loses Most Jobs in Nation |
| 2011-08-24 |
| In a trend that continues to worsen, more Illinoisans found themselves unemployed in the month of July. Illinois lost more jobs during the month of July than any other state in the nation, according to the most recent Bureau of Labor Statistics report. After losing 7,200 jobs in June, Illinois lost an additional 24,900 non-farm payroll jobs in July. The report also said IllinoisÂ’s unemployment rate climbed to 9.5 percent. This marks the third consecutive month of increases in the unemployment rate. Illinois started to create jobs as the national economy began to recover. But just when IllinoisÂ’s economy seemed to be turning around, lawmakers passed record tax increases in January of this year. Since then, IllinoisÂ’s employment numbers have done nothing but decline. Data released today by the bureau confirms this downward trajectory. When it comes to putting people back to work, Illinois is going backwards. Since January, Illinois has dropped 89,000 people from its employment rolls. |
| Posted by:Beavis |
| #8 Pub DuPage Co. is no shrinking violet at high real estate taxes either. -- Lesson if you are a pol in Illinois you are big gov no matter what party you belong to! (Note to pappy - basis of some of my golf argument -- and to think when I bought here 25 yrs ago the tax was only about a grand) |
| Posted by: Water Modem 2011-08-24 20:23 |
| #7 Criminy, Dr. White. You have my sympathy. (Which is somewhat tragically amusing, since I live in CA and just bought a newish house.) |
| Posted by: Pollyandrew 2011-08-24 15:04 |
| #6 Heck, there are companies bailing out of Flatland for Wisconsin for God's sake. |
| Posted by: Cheaderhead 2011-08-24 14:47 |
| #5 I wonder how many major corporations are looking at a possible move to a "low tax, regulation" State? Boeing HQ, ect? |
| Posted by: tipover 2011-08-24 12:50 |
| #4 I live in Will County, Besoeker, and you are seriously underestimating property taxes here. |
| Posted by: Steve White 2011-08-24 12:11 |
| #3 A Primer for East Coast Earthquake refugees and hyper ventilating hairspray people. Use these three rules as a filter and everything makes sense: The 'Chicago Way (and Illinois)' Rules of economics and governing 1)Your money is my money and my money is my money 2)We can't be broke, we still have checks 3)Nobody wants somebody that nobody sent |
| Posted by: Bill Griling5080 2011-08-24 11:03 |
| #2 Behold the Cook County machine. Industry has been fleaing Illinois for over 40 years. High workman's compensation and other forms of taxes have made it a very unattractive location for businesses. Like the rural lifestyle, gardening, fresh air? Thinking about buying a few wooded acres and building a $350,000 home and a barn, maybe keep a horse or two. Your property taxes may approach $8500. per year in some counties and higher in others. Somebody has to pay the school taxes, and you're 'rich' you see! |
| Posted by: Besoeker 2011-08-24 10:55 |
| #1 Telling no? It's a race with Detroit to the bottom. All hail the democrat party. |
| Posted by: newc 2011-08-24 10:25 |