Illinois

Illinois' Economy
10:19 am
Thu July 3, 2014

"Poaching" Not In Blueprint For Illinois Job Growth

Originally published on Wed July 2, 2014 5:37 am

Illinois' economy was slow to feel the effects of the Great Recession, and has been slow to recover from it. The state's Department of Commerce and Economic Opportunity is submitting a five-year plan to the General Assembly, with suggestions for business growth and more state spending.

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U.S. Supreme Court Ruling
8:58 am
Tue July 1, 2014

Supreme Court Limits Power Of Illinois Home Care Worker Unions

Originally published on Tue July 1, 2014 6:32 am

An Illinois home care worker argued that being forced to pay union fees violates her first amendment rights.

The U.S. Supreme Court has taken her side.

But it limited its decision to non-traditional public employees-- like home care workers, who are paid by the state but hired and fired by the people they care for.

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Pensions
6:43 am
Thu June 26, 2014

Teacher Pension Fund Lowers Expected Investment Return; State's Obligation To Grow

Originally published on Wed June 25, 2014 11:03 am

  The Illinois Teachers' Retirement System says it expects a lower return on its pension investments in the next year. That means the state will have to cover more of the cost of teacher pensions.

TRS says it's still a good assumed rate of investment return at 7.5 percent. That falls in line with similar pension systems nationwide. But it's not as profitable as 8-percent, which TRS had been using for the previous few years.

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Unemployment
9:58 am
Fri June 20, 2014

Mixed News For Illinois' Jobs Picture

Originally published on Fri June 20, 2014 6:14 am

Illinois' jobless rate is now at 7.5 percent. It's the third consecutive monthly decrease. And it's at its lowest level since 2008.

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Employment Growth
1:00 pm
Fri March 28, 2014

A Slow Go for Illinois' Economy

Credit Flickr Commons / Markheybo

An economist predicts raising the minimum wage would hurt already poor job growth in Illinois.

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Republican Gubernatorial Primary Results
9:10 am
Wed March 19, 2014

Rauner, Quinn Chart Course For Conflict

Republican Bruce Rauner will take on Democratic Gov. Pat Quinn in this fall's election.

Originally published on Wed March 19, 2014 4:04 am

The election returns in yesterday’s Illinois primary were not even in before the candidates for governor started attacking each other. Republicans chose wealthy investor Bruce Rauner to take on Democratic incumbent Pat Quinn. Brian Mackey looks at the surprisingly close election results, and what’s ahead for the campaign.

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Galesburg Landmark Commission
2:21 pm
Mon December 2, 2013

Galesburg Reviews Paint Rebate Proposal

The paint rebate program would affect homes On East Main Street.
Credit http://www.ci.galesburg.il.us

After months of debate a draft paint rebate program will be unveiled in  Galesburg  tomorrow.

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Plans Announced in 2006
7:13 am
Mon November 25, 2013

Fight over Fulton County Coal Mine Drags On

Joe Cooper shows a tour group a map of the proposed North Canton Mine.
Credit SSS

A judge is set to rule soon on whether the Illinois DNR made the right call in renewing a permit for proposed coal mine near Canton Lake in Fulton County.

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Flanagan Pipeline
2:04 pm
Wed October 9, 2013

Flowing Fuels: New Pipeline Carries Oil, Brings Lawsuits

Jenna Dooley WNIJ

Originally published on Fri October 4, 2013 9:24 am

Construction is underway on a new oil pipeline that will carry Canadian oil across several states. The line will begin in Illinois. 

In this report, you'll hear about the potential benefits and concerns with the project.

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Downgrade by Moody’s
5:53 pm
Fri December 14, 2012

Illinois Given Negative Credit Rating

Credit Rich Egger

Moody's Investors Services downgraded the credit outlook for the state of Illinois from stable to negative. The service cited the "severe pension funding shortfall."

Illinois Treasurer Dan Rutherford said Illinois has the worst credit rating of any state in the US.

“If this doesn't get fixed, then I would hope that those out there that look for services of their Illinois government, to understand that there will be absolutely no ability to increase or even perhaps sustain their funding level," Rutherford said. 

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