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Tag: state economy

State earns 7th credit upgrade in less than two years

State earns 7th credit upgrade in less than two years

— February 23, 2023

SPRINGFIELD – S&P Global Ratings announced Thursday that it had raised Illinois’ long-term credit rating to A-, up from BBB+, marking the seventh upgrade the state has received…

  • Illinois, regional economies shrink in first quarter

    Illinois, regional economies shrink in first quarter

    — July 7, 2020

    SPRINGFIELD – The Illinois economy shrank at an annual rate of 5.4 percent during the first quarter of 2020 compared to the previous quarter, according to federal data released…

  • Four-week unemployment claims total in Illinois passes 630,000

    Four-week unemployment claims total in Illinois passes 630,000

    — April 16, 2020

    SPRINGFIELD — In the week ending April 11, another 141,049 Illinoisans filed initial unemployment claims, bringing the total number during the latest four weeks of the novel coronavirus…

  • Another 74,000 residents file unemployment claims

    Another 74,000 residents file unemployment claims

    — May 7, 2020

    SPRINGFIELD — Another 3.2 million Americans filed for unemployment during the week ending May 2, including more than 74,476 Illinoisans. That brought the total number of insured unemployed…

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