Small business survey finds 11% of Illinois owners planning layoffs – Illinois Policy

While small businesses create 69% of all new jobs in Illinois, the state was ranked last in the nation in 2021 for growth in high propensity businesses applications, or companies the IRS deemed more likely to create jobs. Illinois also ranked third-worst in the Midwest for business formation rates in 2021 despite receiving the 1oth highest number of business applications in the nation, and the most in the region. More than 92% of applications to start businesses were denied.
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Pat S.
1 year ago

Hold on, folks, it’s going to be a rocky ride.

Maestro
1 year ago

That number will double if unions get their power grab amendment approved by voters in November

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