Illinois unemployment rates increase in metro areas In the Carbondale-Marion Area, the February 2021 unemployment rate was 5.9 percent, an increase of 2.7 since last year. (Source: Associated Press) By Ashley Smith | April 1, 2021 at 4:42 PM CDT - Updated April 1 at 4:46 PM
SPRINGFIELD, Ill. (KFVS) - The U.S. Bureau of Labor Statistics (BLS) and the Illinois Department of Employment Security (IDES) released data showing that jobs decreased and unemployment increased in all fourteen Illinois metropolitan areas, on April 1.
“As expected, the global, national, and state impacts of the Covid-19 pandemic are still very present and the effects continue to linger on the economy and the workforce,” said Deputy Governor Dan Hynes. “This is why the Pritzker administration is grateful the federal government acted quickly to roll out the American Rescue Plan (ARP) Act with critical extensions and program continuity, and why IDES is committed to transitioning claimants between
Capitol Fax com - Your Illinois News Radar » *** UPDATED x1 *** New unemployment claims drop nationally, plummet in Illinois
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Statewide Unemployment Rate Down, Jobs Up in February 2021
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The 9 corporate tax loopholes Pritzker wants to end that businesses call incentives In this still image taken from video, Gov. J.B. Pritzker presents a remote version of his annual State of the State and budget addresses Feb. 17 from a pavilion at the Illinois State Fairgrounds in Springfield. Associated Press
Updated 3/13/2021 4:59 PM
In order to balance next year s state budget, Gov. J.B. Pritzker is asking legislators to eliminate what his administration calls nine corporate tax loopholes to generate nearly $1 billion per year in revenue.
However, some business leaders say the elimination of what they call corporate tax incentives would undercut the ability of many business owners to recover from financial hardships caused by the COVID-19 pandemic and could result in decreased state revenue in other areas.