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Great Recession

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PI Original
by Ellyn Fortino
12:31pm
Thu Oct 20, 2016

Illinois Spending On K-12 Education Higher Than Pre-Recession Levels, Report Finds

Most states are spending less on K-12 education now than they did before the Great Recession. Illinois, however, is among the exceptions, according to a new report.

PI Original
by Ellyn Fortino
1:53pm
Tue Sep 13, 2016

Census Bureau: Poverty, Household Income & Health Insurance Coverage Improved Last Year

Progress Illinois breaks down new Census Bureau figures, which showed "superb" income growth and significant drops in the poverty and uninsured rates.

Quick Hit
by Ellyn Fortino
11:10am
Fri Aug 26, 2016

Millennials & Their Children Face Massive Economic Hit If Climate Change Goes Unchecked

Millennials and future generations will face staggering economic losses over their lifetimes due to climate change if current trends continue, according to a new report.

Demos and NextGen Climate sought to quantify the economic costs of climate change on millennials and their children.

Without significant climate change action, a 21-year-old college graduate from the class of 2015 with median earnings could lose more than $126,000 in lifetime income and $187,000 in wealth as a result of environmental problems, the report found. A 21-year-old with median earnings but no college degree stands to lose $100,000 in income and $142,000 in wealth over a lifetime.

For the entire millennial generation, the total loss of lifetime income due to climate change could hit nearly $8.8 trillion, the study showed.

"Climate change may very well be the biggest threat ever faced over the lifetime of a single generation, impacting the incomes, wealth and livelihoods of millions of millennials," NextGen Climate President Tom Steyer said in a statement. "We have a moral responsibility to act so that our children are not crushed by the costs of climate change."

PI Original
by Ellyn Fortino
2:21pm
Wed Jun 8, 2016

National Anti-Poverty Group 'Alarmed' By Caseload Decline In Illinois' Welfare Program

Officials with the Sargent Shriver National Center on Poverty Law are expressing concern over the declining caseload in Illinois' welfare program. Progress Illinois takes a closer look at the issue.

Quick Hit
by Michael Joyce
3:45pm
Mon Feb 22, 2016

Candlelight Vigil Held For Several Hundred Jobs Lost & In Peril In Chicago

A warm atmosphere contrasted the cold weather as demonstrators gathered to chant, cheer, and shout in defiance of Mondelez International, one of the world's largest snack companies, Sunday evening.

At times it was difficult to hear the organizers speaking over the sounds of the crowd cheering and passing cars beeping on the corner of 73rd and Kedzie Ave., where a candlelight vigil was held directly across the street from the Nabisco factory, which is owned by Mondelez International.

Last year, Mondelez told employees that the company would be relocating much of the production work to Salinas, Mexico.

So far 227 employees have received layoff notices as a result of the company closing nine of the bakery's sixteen production lines. Additionally, Mondelez is contemplating the opening of four new lines in Mexico, which would result in a total loss of 600 jobs in Chicago.

Barbara Cimbalista, an employee of Mondelez International, says she was told by management that if they want to keep their jobs, they need to be able to compete with Mexico.

"I said, 'how do you expect us to compete with Mexico when they get $3 an hour, and we get $25 an hour,'" asked Cimbalista. "They said cut wages and benefits. I said 'no, I don't think so.'"

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