Illinois Has Created No Net New Jobs In 20 Years

Illinois has created no net new jobs in over 20 yearsBut look at the top 6 states. What do these have in common? 

  1. Utah
  2. Idaho
  3. Nevada
  4. Arizona
  5. Texas
  6. Florida

Illinois has many deep, structural issues that continue to be ignored by those in power. Among them is one that impacts people’s lives deeply – Illinois’ lack of job creation.

A Wirepoints review of employment growth across the 50 states shows Illinois’ economy hasn’t created any net new employment in more than 20 years. In fact, Illinois has lost 106,697 net jobs since 2000, according to U.S. Bureau of Labor Statistics data.

Those job losses put Illinois third-last in the country when comparing employment in 2022 vs. employment in 2000. Only Michigan, which suffered massive auto industry losses during the Great Recession, and Mississippi fared worse than Illinois.

In contrast, a state like Florida grew its employment rolls by 2.9 million, or 40 percent. Texas has grown employment by over 4 million, the most in the country.

A problem of jobs

Wirepoints recently reported that Illinois’ unemployment rate was the nation’s highest for the second month in a row in October. Compared to Illinois’ 4.6 percent rate, all of its neighbors are faring far better – most notably Wisconsin, Indiana, Iowa and Missouri where unemployment rates are 1 to 2 percentage points lower.

Illinois’ status as the extreme outlier in unemployment makes sense considering just how poor it’s been at creating employment over the last several years and even decades.

The nation’s highest property taxes, crippling pension debts, the increased powers of government unions, constantly expanding red tape, chronic corruptionand an increasing outflow of key companies and residents all make the creation of jobs impossible.