Explore our content

All types | All dates | All authors
U.S. Economy

Pages

Quick Hit
by Ellyn Fortino
5:44pm
Mon Feb 2

Report: Immigration Reform Crucial To Midwest Agricultural Success

Current U.S. immigration policy fails to adequately address agricultural industry needs, and congressional reforms are required to strengthen immigrant-dependent farm and food sectors in the Midwest and elsewhere in the county, argues a recent report by the Chicago Council on Global Affairs.

The report, which says "immigration reform is urgently needed for a robust agricultural sector in the Midwest," followed President Barack Obama's executive orders on immigration announced late last year.

According to the council, Obama's executive orders fall short for agriculture in part because only 250,000 of the up to 5 million undocumented immigrants eligible for temporary relief from deportation under the plan will be farm workers.

"In November, President Obama announced long-awaited executive action on immigration policy, but the measure provides at best only minimal benefit to farm workers," Michele Wucker, vice president of studies at the Chicago Council on Global Affairs, said in a statement. "At worst, it may actually worsen critical labor shortages at farms across the region."

Quick Hit
by Ellyn Fortino
5:43pm
Wed Jan 28

Study: Top 1% Of Earners In Illinois Captured 97% Of Post-Recession Income Gains

The top 1 percent in Illinois took home nearly all of the state's income gains in the first few years of the U.S. economy's recovery from the Great Recession.

That's one of the findings of a new study on income inequality published by the Economic Policy Institute, a nonpartisan think tank based in Washington, D.C. The report was co-authored by Estelle Sommeiller, a socioeconomist at the Institute for Research in Economic and Social Sciences in France, and Mark Price, an economist at the Keystone Research Center in Harrisburg, Pennsylvania.

Overall, the study showed that the wealthiest 1 percent of taxpayers in 39 states, including Illinois, captured at least half of all the post-recession income gains in their respective states between 2009 to 2012. Over this time period, 17 states saw their top 1 percent of earners gain 100 percent of the income growth, according to the researchers, who examined state-level tax data from the Internal Revenue Service.

Average incomes grew faster from 2009 to 2012 for those in the top 1 percent than the bottom 99 percent in every state but West Virginia, the report reads. And in 2012, the wealthiest 1 percent of Americans earned almost 30 times the income of those in the bottom 99 percent.

PI Original
by Ellyn Fortino
2:06pm
Tue Jan 20

Manufacturing Wages On The Decline, Experts Say

A recent report shows that U.S. manufacturing wages have tumbled over the past decade. Progress Illinois takes a closer look at the findings and gets reaction from U.S. Rep. Bill Foster, who has been working on efforts to promote job training and growth in manufacturing. 

Quick Hit
by Ellyn Fortino
2:35pm
Fri Jan 9

Maryland Gov. O'Malley Talks Possible 2016 Presidential Run, Progressive Values In Chicago (VIDEO)

Outgoing Maryland Gov. Martin O'Malley is "seriously considering" a 2016 bid for the White House, the Democrat told an audience at the University of Chicago's Institute of Politics on Thursday night.

"I'm very seriously considering running in 2016," O'Malley said at the packed discussion focused on "progressive politics in a post-Obama world."

"Right now, my primary responsibility is to move my family back to Baltimore, which I will do in another week," added O'Malley, who leaves office January 21. "So I am going to be taking some time over the next couple of months to get my family re-situated and make us well and get us back to the city where we all feel comfortable, but I'm very seriously looking at it is what I would say."

PI Original
by Ellyn Fortino
1:37pm
Tue Dec 9, 2014

Experts: Bright Spots In 'Solid' November Jobs Report, But Economy Far From Full Recovery

Despite the rosy numbers reported in last week's November jobs report, which showed U.S. employers added 321,000 positions last month and average hourly wages went up slightly, experts say the economic recovery still has a long way to go. Progress Illinois provides reaction from economists and labor experts on last month's job and employment figures.

PI Original
by Ellyn Fortino
6:29pm
Fri Oct 10, 2014

Election Preview: Foster, Senger Battle For The 11th Congressional District Seat

Progress Illinois previews the 11th congressional district race between incumbent Democrat Bill Foster and Republican challenger State Rep. Darlene Senger.

Pages