By South Central Reporter |
Aug 26, 2024
The U.S. economy is showing signs of strain, with new data revealing fewer jobs added in 2023 and early 2024 than originally reported. The U.S. Department of Labor’s revisions cut job growth estimates by 28 percent, while at the same time, July numbers show Illinois is now tied for the second-highest unemployment in the nation. Meanwhile, small businesses in the state are struggling more than ever, with many making less money than last year as new tax hikes present additional challenges.