Illinois Employment Statistics: April Update and Job Losses in Bloomington

By: Diane Benjamin The local employment stats in this story were from March: https://blnnews.com/2024/05/20/stats-you-needs-to-see/ April statistics are now out: https://www.illinoispolicy.org/chicago-lags-as-8-of-13-illinois-metro-areas-add-jobs-in-april/ Some cities in Illinois gained jobs, Bloomington continued to lose them. Meanwhile the County just west of us thinks your tax dollars shouldn’t be spent on migrants in the country illegally: https://www.wglt.org/illinois/2024-05-22/woodford-county-declared-non-sanctuary-for-undocumented-migrants Evidently the far […]

The Chickens Have Come Home to Roost

By: Diane Benjamin Interest rates were kept artificially low for far too long. It allowed everyone access to cheap money that allowed living above their means – including government who took advantage of unrealistic money value. See this link for an historical look at mortgage interest rates: https://money.usnews.com/loans/mortgages/articles/historical-mortgage-rates Government and the Federal Reserve created the […]