La Grange: In the wake of Michigan becoming the tenth U.S. state to legalize marijuana on Tuesday, new research finds that the taxation and regulation of marijuana in Illinois could create nearly 24,000 new jobs, boost the state’s economy by $1 … Continue reading Study: Marijuana Legalization Would Benefit Illinois Taxpayers and Boost Economy
Which occupations in Illinois are the highest-paying? Look to management, medicine, and STEM. Continue reading “40 Occupations That Pay Over $100,000 in Illinois”
A new study by the Illinois Economic Policy Institute and the University of Illinois at Urbana-Champaign finds that the Chicago Minimum Wage Ordinance has had positive impacts on incomes and no effect on employment in the city.
- Higher incomes for workers with no effect on business or employment growth
- City minimum wage will rise to $12 an hour on July 1
A new report finds that a Janus decision against fair share fees would lower public sector worker earnings and have negative impacts on the U.S. economy. According to the Wall Street Journal, the “study says the expected outcome of the Janus case will shrink public-sector labor unions in 23 states.”
A recent report by the Illinois Economic Policy Institute (ILEPI) and the Project for Middle Class Renewal at the University of Illinois at Urbana-Champaign (PMCR) assesses the positive economic impacts of public universities and colleges in Illinois and measures the costs of the two-year budget impasse. Continue reading “Public Universities and Community Colleges Boost the Illinois Economy by $16 Billion Every Year”
Illinois has spent at least $4.9 billion in state and local business subsidies since 2000, after adjusting for inflation. This equates to $288.5 million per year. While these subsidies have saved or created some jobs in the state, Illinois could have created even more jobs and more economic growth if tax dollars had instead been invested in public infrastructure and public education.
NEW STUDY DOCUMENTS HARMFUL IMPACT OF BUDGET STALEMATE ON ILLINOIS’ PUBLIC COLLEGES AND UNIVERSITIES Two-Year Impasse Led to Reduced Enrollment, Layoffs, and Tuition Hikes Chicago: The two-year Illinois budget stalemate reduced enrollment in the state’s public colleges and universities by … Continue reading Illinois Public Universities Were Harmed by State Budget Impasse
New ILEPI series shows giveaways often don’t deliver as promised, disadvantage underserved communities, and are outperformed by investments in education and infrastructure. Continue reading “Are Illinois Taxpayers Being Shortchanged by Corporate Subsidies?”
If Illinois’ state budget crisis is not resolved by June 30, 2017, all existing Illinois Department of Transportation (IDOT) road, bridge, and transit projects will be stopped.
Yesterday, Frank Manzo IV, Illinois Economic Policy Institute (ILEPI) Policy Director, testified before the Illinois General Assembly. Please CLICK HERE to read the full testimony. The following is an edited version of the testimony.
NEW Study: A protracted shutdown of planned road and bridge projects could shrink the Illinois economy by nearly $2 billion on net, eliminate 23,000 jobs, and cost taxpayers up to $270 million over the next year. Continue reading “IDOT Shutdown Could Cost 23,000 Jobs and Hundreds of Millions of Dollars”
Prevailing wage rates reflect local market conditions in McHenry County. Continue reading “Five Reasons Why Prevailing Wage Works in McHenry County”