Survey Says: The Views of Top Economics & Policy Professors in Illinois

A new poll finds that Illinois’ top economics and policy professors strongly support infrastructure investment, public education, immigration, and international free trade agreements. The state’s economic and policy experts also marginally support labor unions and minimum wage laws, with most in favor of raising Illinois’ minimum wage. Finally, a significant majority do not think that politicians have a strong understanding of economic principles.  Continue reading “Survey Says: The Views of Top Economics & Policy Professors in Illinois”

Prevailing Wage Is the Local Market Rate in Illinois

A new report from the Illinois Economic Policy Institute (ILEPI) finds no evidence for the assertion that prevailing wage “inflates” construction worker wages in Illinois. In fact, after analyzing counties along Illinois’ border, the report finds that a higher prevailing wage for operating engineers has no statistical impact on employment or turnover for men working in road construction. Instead, local market conditions are by far the primary drivers of public construction outcomes.  Continue reading “Prevailing Wage Is the Local Market Rate in Illinois”

Illinois’ Construction Apprenticeship Programs Return $11 in Total Benefits for Every Dollar Invested

A new report from the Illinois Economic Policy Institute and the Project for Middle Class Renewal at the University of Illinois finds that apprenticeship programs have significant positive social and economic impacts in Illinois.  Continue reading “Illinois’ Construction Apprenticeship Programs Return $11 in Total Benefits for Every Dollar Invested”

Unionized Construction Workers in Minnesota Get Back $5.59 for Every Dollar Paid in Dues

In Minnesota, construction workers are productive, high-skilled, and well-paid. Over 30 percent of these workers are members of a union. To maintain and increase membership, trade unions in Minnesota must continually demonstrate how workers benefit from contributing dues. An analysis by … Continue reading Unionized Construction Workers in Minnesota Get Back $5.59 for Every Dollar Paid in Dues

Illinois’ Changing Energy Sector

A change is undoubtedly upon Illinois’ energy sector.  As illustrated in a new Economic Commentary by the Illinois Economic Policy Institute, the recent proliferation of natural gas, the development of renewable energy policies at both the federal and state level, and increased regulations on coal should inspire the state to pursue alternative energy sources to address the state’s energy production deficit and support the environment.  Continue reading “Illinois’ Changing Energy Sector”