Showing posts with label Illinois jobs. Show all posts
Showing posts with label Illinois jobs. Show all posts
As the price of everything in Illinois from groceries to utilities seems to be on the rise, a group of House Republican lawmakers have introduced legislation to help working families meet these ever-rising costs.

The bills introduced by this group of legislators, collectively known as the Relief for Working Families legislative package, would encourage entrepreneurship, help tipped employees keep all of their gratuities, and create opportunities for technical skill-building that can lead to high-paying jobs.
Gov. JB Pritzker and the Illinois Department of Corrections (IDOC) announced in March the state intended to tear down and rebuild two prisons in poor conditions: Stateville Correctional Center for men in Crest Hill outside of Joliet, and the Logan Correctional Center (LLC) for women outside of Lincoln.

The initial announcement did not immediately indicate what would become of LCC, stating only that Stateville would be rebuilt where it was and that plans for LCC were still being determined.

Illinois State Representative Dan Ugaste led the formation of a House Republican working group dedicated to helping all Illinoisans prosper and thrive. 

The Reigniting Illinois’ Strong Economy (RISE) working group introduced a package of legislation in the 103rd General Assembly aimed at reforming policies that are driving job creators out of the state and threatening the prosperity of future generations. 

Ugaste talks about the efforts of the RISE working group and his ongoing commitment to the residents of Illinois on the latest episode of the All Voted Who Wish podcast.


Earlier this spring, Illinois Governor Pritzker announced his plan to demolish and reconstruct the Logan Correctional Center. The prison is currently situated in the center of Logan County in the City of Lincoln, but it may not be rebuilt there.

On May 10, the Illinois Department of Corrections (IDOC) testified in a legislative hearing that it is considering relocating the correctional center closer to the Chicago suburbs. That move would affect the livelihood of hundreds of families and would be a blow to the economically struggling community of Lincoln.

State Representative Amy Elik’s (R-Alton) initiative signed into law last June accomplished what it was intended to accomplish. It helped retain jobs and spur major investment in Illinois, most recently in East Alton. Wieland Rolled Products (formerly known as Olin Brass) announced their plans today for investment and job retention at its East Alton facility.

BUDGET
GOMB projects State budget deficits in FY25 and following years. The "Illinois Economic and Fiscal Policy Report,” submitted in November 2023 by the Governor’s Office of Management and Budget (GOMB), contains long-term projections covering spending and tax revenue trends faced by the State of Illinois. The GOMB projects continued compounding increases in the expenses faced by several key areas of State general-funds spending, particularly health care costs, pensions, and mandated education funding increases. The GOMB projects general funds budgeted spending, including pensions, rising from $48.3 billion in FY24 to almost $55.8 billion five years down the road in FY29. This is independent of further spending increases requested by all of the advocacy groups who push for more State funding every year.

According to a report from CNN Business, retailers in the U.S. are expected to add just 410,000 seasonal positions for the upcoming holiday shopping season, which would mark the industry’s lowest seasonal hiring total since 2008. 

Despite historically high inflation in recent years, U.S. consumers have continued to splurge. However, that trend may be ending soon. Americans are expected to focus on must-have purchases, such as groceries, while slowing down on discretionary items. Of all the major retailers that have announced hiring plans, only Amazon is increasing its seasonal hires. Last year, Amazon announced it was hiring 150,000 people for the holidays; this year that figure is 250,000. 

Watchfire Signs is an industry leading domestic manufacturer of digital displays. Headquartered in Vermilion County in Danville, Watchfire has been an innovative leader in the electronic sign business since 1932. The company’s 140,000 square foot facility allows Watchfire to build some of the largest digital displays in the world. Watchfire designs and manufactures high resolution LED signs, custom indoor video displays, digital billboard products, and outdoor sports displays. 

According to research by Magnum Economics, data center incentives in Illinois have rejuvenated the Chicago-area cloud ecosystem, helping the state attract more than $4.2 billion in new investment. The incentives helped Illinois attract 13 data center projects, which have created more than 8,000 jobs for construction workers. Newly announced projects are poised to bring an additional $4.3 billion in investment into the Greater Chicago market, which includes clusters of data centers downtown and in the suburbs near O’Hare Airport. 

GENERAL ASSEMBLY

Tim Mapes, key aide to former Speaker Madigan, convicted in federal court. The former chief of staff to the office of the Speaker was found guilty of perjury and obstruction of justice. The charges were related to false answers that Mapes voiced to a federal grand jury when he was being questioned under oath. The false answers were closely related to a parallel criminal inquiry mounted by federal investigators against Mapes’ former boss, Chicago’s Michael J. Madigan.