Downward Spiral: Illinois’ Job Forecast Worst In The Country
From the Carbondale Southern Illinoisan
Illinois ranks last in the nation among states for the rate jobs at which are projected to be created this year, one research group predicts.
Only Washington, D.C., had a lower rate. Though the state comparison in job rates ranks Illinois 50th, the state is not last when it comes to actual jobs created.
While opinions are mixed among local and state officials about the state’s ability to attract or retain businesses, other reports suggest Illinois is among leaders for prospective job growth, one official said.
“I haven’t seen it, but it doesn’t surprise me,” Marion Mayor Bob Butler said of the data compiled by the Pew Charitable Trusts. “Illinois has a reputation of being unfriendly to business.”
Pew, a nonprofit organization, describes itself as applying a “rigorous, analytical approach” to improve public policy.
It based its predictions on payroll growth data compiled by Moody’s Analytics, which also showed Illinois last in the country.
Released last week, the Pew data shows the job growth rate in Illinois for 2014 is 0.98. At that rate, 56,996 new jobs are forecast.
Neighbors of Illinois are projected to have better rates, though fewer new jobs created.
The job growth rate in Kentucky, for instance, is 1.63, the highest rate among border states, coming in at 22nd in the country. There, 30,011 jobs are expected to be added.
Read more in our daily News Update...
From the Carbondale Southern Illinoisan
Illinois ranks last in the nation among states for the rate jobs at which are projected to be created this year, one research group predicts.
Only Washington, D.C., had a lower rate. Though the state comparison in job rates ranks Illinois 50th, the state is not last when it comes to actual jobs created.
While opinions are mixed among local and state officials about the state’s ability to attract or retain businesses, other reports suggest Illinois is among leaders for prospective job growth, one official said.
“I haven’t seen it, but it doesn’t surprise me,” Marion Mayor Bob Butler said of the data compiled by the Pew Charitable Trusts. “Illinois has a reputation of being unfriendly to business.”
Pew, a nonprofit organization, describes itself as applying a “rigorous, analytical approach” to improve public policy.
It based its predictions on payroll growth data compiled by Moody’s Analytics, which also showed Illinois last in the country.
Released last week, the Pew data shows the job growth rate in Illinois for 2014 is 0.98. At that rate, 56,996 new jobs are forecast.
Neighbors of Illinois are projected to have better rates, though fewer new jobs created.
The job growth rate in Kentucky, for instance, is 1.63, the highest rate among border states, coming in at 22nd in the country. There, 30,011 jobs are expected to be added.
Read more in our daily News Update...