Last week, we learned that Illinois’ unemployment rate ticked up to 10 percent. In September, just one job was created for every 415 unemployed Illinoisans.
We desperately need stronger private sector job growth. Yet earlier this year, state leaders passed the affiliate nexus law. This law crippled a once-growing segment of online entrepreneurs. Watch and learn how these jobs – jobs that don’t rely on government stimulus spending – are disappearing from Illinois.
As the report we released Wednesday shows, this law is all pain and no gain. It doesn’t fix the problem it was intended to fix. It drives 21st century entrepreneurs out of the state. And it shouldn’t be on the books. That’s why I joined Representative Dave Winters in calling for its repeal yesterday at a press conference at the Capitol. Click here to watch video highlights of that press conference.
Executive Vice President
Illinois Policy Institute
Trick or Treat?
In the Illinois Policy Institute’s latest edition of Compass, we look at how some government programs appear to be TREATS, but are really TRICKS on taxpayers. Read the article here.
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Illinois in 2050
Noted author Joel Kotkin, who wrote the book “The Next Hundred Million: America in 2050” says America can and will still be a great nation in the future. But how do we ensure that we get there? And how can Illinois be on the cutting edge? Kotkin will answer these and other questions at the Institute’s upcoming event on Nov. 2. Watch this profile of Kotkin’s book done by Reason TV.
Illinois job growth
It’s been estimated that for Illinois to fully recover from the recession within five years, we need to add more than 100,000 jobs per year. How many did we create last month? 1,600. Learn more about how Illinois can get on a more effective path to job creation Read more analysis of this troublesome news on our blog.