Illinois leads US in job losses since tax increases |
Illinois leads US in job losses since tax increases |
Aug 22 2011, 11:41 AM
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Spends WAY too much time at CBTL Group: Admin Posts: 16,425 Joined: 8-December 06 From: Michigan City, IN Member No.: 2 |
http://illinoispolicy.org/uploads/files/Po...tsILJobLoss.pdf
QUOTE Illinois Loses Most Jobs in the Nation 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.1 The report also said Illinois’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 Illinois’s economy seemed to be turning around, lawmakers passed record tax increases in January of this year. Since then, Illinois’s employment numbers have done nothing but decline. Data released today by the bureau confirms this downward trajectory. |
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