Chicago Stats

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Month: June 2017

Illinois Among the States Where it is Least Expensive to Drive

The cost of driving a car in one state compared to another can differ by more than $2,000 a year. In states where accidents are prevalent, insurance rates are often higher. In western states, gas prices tend to be higher. And in states with bad road conditions, vehicles require more frequent repairs. All these factors […]

Why the Economy in Illinois is Worse Than Most States

Is your state a drag on the American economy or a boon? The 50 states — as diverse as they are — each contribute something to the U.S. economy. Because of their diversity, state economies rarely trend in unison. GDP growth is often the default measure for economic strength, but it often fails to tell […]

Walgreens Boots Alliance, Inc. is the Largest Company in Illinois

The United States is home to some of the largest global companies. Of the world’s 50 largest public companies by revenue, 21 are based in the United States, including five of the top 10. Many of the largest American companies are headquartered in the country’s major economic capitals, including New York, Los Angeles, Detroit, Dallas, […]

More Than 1 in 3 Millenials in Illinois Live With Their Parents

The hopes and dreams of young adults in the United States usually involve financial success — and total independence from one’s parents. Achieving these dreams is by no means guaranteed. Young adults in the United States usually rely on varying levels of family support to get by. This ranges from help with the phone bill […]

Gender Pay Gap in Chicago No Better Than Nation

The gender pay gap has narrowed substantially since the Equal Pay Act was signed in 1963. Still, the typical woman working full time in the United States earns $40,022 a year — or only about 80% of the median annual income for men working full time of $50,119. A study conducted by the Pew Research […]

Chicago Unemployment Rate On Par With Nation

Nationwide, 4.4% of the American labor force is unemployed, a large improvement from the recessionary unemployment peak of 9.9% in 2010. In the Chicago-Naperville-Elgin metro area, the unemployment rate of 4.3% is roughly similar to the national figure and far lower than the city’s recessionary peak unemployment rate of 11.1%. The industry composition within a […]

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