Taking a longer view, nine Illinois metro areas added jobs in the 12 months through April. Seven reported higher employment than before the COVID-19 pandemic. Only one metro outperformed the U.S. job recovery rate: Bloomington at 6.9 percent, compared to 4.1 percent nationwide.
The BLS data doesn’t paint a true picture by lumping in the growth of the SMA of St Louis MO and Cape Giradeau MO with IL. Of the approx 2.82M people in the St Louis SMA, no more than 25% are in IL. I’m guessing the same for Cape Giradeu. So that reduces the IL April job growth by 4,575 to 4,925 for an increase of 0.07%, or nearly unchanged. Metro East population is declining rapidly, so my number is still overly generous for IL. So IL employment growth is meager, which fits with the reality that is observed in… Read more »
A largely unasked question is becoming glaring: Is Illinois doing all it should to use artificial intelligence to make government cost less and work better? So far, the evidence says no.
Why not invest in Illinois?
Eli Lilly invests to increase Mounjaro, Zepbound supply (cnbc.com)
Eli Lilly to invest another $5.3 billion in Indiana plant to expand Mounjaro, Zepbound supply
The BLS data doesn’t paint a true picture by lumping in the growth of the SMA of St Louis MO and Cape Giradeau MO with IL. Of the approx 2.82M people in the St Louis SMA, no more than 25% are in IL. I’m guessing the same for Cape Giradeu. So that reduces the IL April job growth by 4,575 to 4,925 for an increase of 0.07%, or nearly unchanged. Metro East population is declining rapidly, so my number is still overly generous for IL. So IL employment growth is meager, which fits with the reality that is observed in… Read more »