Temporary Layoffs Push Up Rate Outside Suburban Chicago

Not Seasonally Adjusted Unemployment Rates
Metropolitan Area   Nov. 2013*   Nov. 2012
Bloomington-Normal  7.0%  6.1%
Champaign-Urbana    7.9%  7.1%
Chicago-Joliet-Naperville 8.1%  8.3%
Danville      11.7% 9.4%
Davenport-Moline-Rock Isl.      6.5%  6.3%
Decatur       12.2% 10.1%
Kankakee-Bradley    10.7% 9.9%
Lake-Kenosha, IL-WI 8.0%  7.7%
Peoria  8.9%  7.5%
Rockford      11.0% 10.3%
Springfield   7.4%  6.9%
St. Louis (IL-Section)    8.4%  8.3%
* Data subject to revision.

CHICAGO - The November unemployment rate in the Chicago Joliet Naperville Metro Division fell .02 to reach 8.1 percent while temporary layoffs pushed rates higher elsewhere, according to preliminary data released today by the U.S. Bureau of Labor Statistics (BLS) and the Illinois Department of Employment Security (IDES). Not seasonally adjusted data compares November 2013 to November 2012.

Illinois businesses added jobs in seven metros.
Largest increases:

Chicago-Joliet-Naperville (+1.5 percent, +55,300),

Lake-Kenosha (+1.2 percent, +4,700),

Champaign-Urbana (+0.9 percent, +1,000).

Largest decreases:

Decatur (-3.0 percent, -1,600),

Peoria (-1.7 percent, -3,100), and

Bloomington-Normal (-1.0 percent, -900).

Much of these decreases are connected to a temporary slowdown in global manufacturing demand. Industry sectors recording job growth in the most metros: Education and Health Services (11 of 12), Leisure and Hospitality (eight of 12), and Other Services (seven of 12).

Not seasonally adjusted data compares the current month to the same month of the previous year. The
November 2013 not seasonally adjusted Illinois rate was 8.3 percent and 12.2 percent at its peak in this
economic cycle in January 2010. Nationally, the unemployment rate was 6.6 percent in November and 10.6 percent in January 2010 at its peak. The unemployment rate identifies those who are out of work and looking for work and is not tied to collecting unemployment insurance benefits. Historically, the state unemployment rate is higher than the national rate.

Total Non-farm Jobs (Not Seasonally Adjusted) - November 2013
Metropolitan Area   November 2013*   November 2012**  Over-the-Year Change
Bloomington-Normal MSA    91,300      92,200     -900
Champaign-Urbana MSA      109,400     108,400    1,000
Chicago-Joliet-Naperville Metro Div.  3,823,300    3,768,000     55,300
Danville MSA  29,900      29,800      100
Davenport-Moline-Rock Island MSA      185,000    184,900   100
Decatur MSA   51,100      52,700      -1,600
Kankakee-Bradley MSA      44,700      44,600      100
Lake County-Kenosha County Metro Div. 396,100    391,400 4,700
Peoria MSA    183,600     186,700     -3,100
Rockford MSA  150,700     151,200     -500
Springfield MSA     113,200     112,600     600
Illinois Section of St. Louis MSA     230,000    230,500     -500
*Preliminary    **Revised

Not Seasonally Adjusted Unemployment Rates (percent) for Local Counties and Areas Nov 13      Nov 12

Davenport-Rock Island-Moline IL-IA MSA
Rock Island County  7.1 % 6.7 %
Henry County  7.0 % 6.2 %
Mercer County    6.8 % 6.1 %
Scott County, IA    5.6 % 5.9 %

Cities
Rock Island City 7.3 % 7.4 %
Moline City   7.2 % 6.4 %
Galesburg City      9.3 % 8.2 %

Counties
Bureau County 9.0 % 8.6 %
Fulton County 10.0 %      8.9 %
Henderson County    6.2 % 7.3 %
Knox County   8.6 % 7.8 %
Stark County  10.2 %      7.9 %
Warren County 7.1 % 6.6 %
Whiteside County    9.3 % 8.3 %

Historically, the Illinois unemployment rate is higher than the national rate. Only six times since January 2000 has the state rate been lower than the national rate. The data is seasonally adjusted and includes times of both economic expansion and contraction.

Davenport-Moline-Rock Island IL-IA MSA

The not seasonally adjusted unemployment rate increased slightly to 6.5 percent in November 2013 from 6.3 percent in November 2012.  Non-farm employment increased from its year-ago level by +100. Job growth occurred in Construction (+700), Professional-Business Services (+500), Educational-Health Services (+200), Transportation-Warehousing-Utilities (+200), Wholesale Trade (+200), Other Services (+100), Leisure-Hospitality (+100), and Information (+100).

Declines were posted in Government (-1,500) and Manufacturing (-500) compared to November 2012. Illinois has added +281,400 private sector jobs since January 2010 when job growth returned to Illinois following nearly two years of monthly declines. State data is seasonally adjusted. Since January 2010, leading growth sectors in Illinois are Professional and Business Services (+116,400); Educational and Health Services (+61,000) and Trade, Transportation and Utilities (+58,700). Government has lost the most jobs since January 2010, down -28,600. The unemployment rate identifies those who are out of work and seeking employment. A person who exhausts benefits, or is ineligible, still will be reflected in the unemployment rate if they actively seek work. The IDES supports economic stability by administering unemployment benefits, collecting business contributions to fund those benefits, connecting employers with qualified job seekers, and providing economic information to assist career planning and economic development.

Note:

• Monthly 2012 unemployment rates and total non-farm jobs for Illinois metro areas were revised in February 2013, as required by the U.S. Dept. of Labor, Bureau of Labor Statistics (BLS). Comments and tables distributed for prior metro area news releases should be discarded as any records or historical analysis previously cited may no longer be valid.

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This message is a service of the State of Illinois.  If you have any questions about this document, please contact the Illinois Office of Communication and Information (IOCI), Room 611, Stratton Office Building, Springfield, Illinois 62706, (217) 558-1548.

State Support Enables Creation and Preservation of Quality Housing, Creates Jobs Across State

CHICAGO - Governor Quinn today announced that the Illinois Housing Development Authority (IHDA) provided more than $471 million in financing this year to make 5,000 quality affordable rental homes available to working families, seniors and people with disabilities. Since Governor Quinn took office, IHDA has provided $2.2 billion in financing to build or preserve more than 19,600 affordable apartments in 131 communities across the state, generating an estimated 20,280 jobs. Today's announcement is part of the Governor's agenda to ensure quality affordable housing for people in-need across Illinois.

"Affordable housing is important to the fabric of our communities," Governor Quinn said. "That is why are working tirelessly to increase affordable housing options for working families, seniors and people with disabilities throughout Illinois, which also creates thousands of jobs and drives our economy forward."

Creating and preserving affordable rental housing works as an economic engine to generate construction and post-construction jobs and spur local economic activity.  Affordable housing financed through the state in 2013 is estimated to create 3,200 construction and post-construction jobs.

Just in time for the holidays, Rhonda Pruitt and her twin 3-year-old sons recently moved into a three-bedroom townhome in the new construction 20-unit Greenleaf Manor development in Glenview. A clergy member at St. John's Evangelical Lutheran Church in Wilmette, Pruitt and her family were staying with family members but wanted to find a permanent stable and secure home of their own.

"For much of my boys' lives, they have lived somewhere else," Pruitt said. "Now, when they say to me, 'Can we go home now?' - I'm able to say, 'Yes, we're going home.'"

As the state's housing finance agency, IHDA provided federal Housing Credits that generated private equity totaling nearly 90 percent of the cost to develop Greenleaf Manor. Developed by Chicago-based Daveri Development Group, Greenleaf Manor features two-, three- and four-bedroom townhome apartments for families earning no more than 60 percent of the area median income, or $39,780 in the Chicago area for a three-person household.

The need for affordable housing is nationwide. In 1960, about one in four renters were cost burdened, or paid more than 30 percent of their income for housing. Today, one in two are cost burdened, according to the Joint Center for Housing Studies of Harvard University.

"Renters represent nearly one-third of households in Illinois, and approximately 425,000 are extremely low-income," IHDA Executive Director Mary R. Kenney said. "Governor Quinn's administration is focused on working together with our federal, local and private partners to create and sustain affordable housing statewide to meet the needs of Illinois residents."

To qualify for the affordable units financed through the state, residents must earn at or below 60 percent of the area median income (AMI), or $36,300 in the Springfield area, $36,000 in Peoria area or $37,380 in Metro East for a three-person household.

A list of developments offering affordable rents is available at www.ihda.org or www.ilhousingsearch.org.

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Families Will Have More Time to Utilize Federal Foreclosure Prevention Program

CHICAGO - Governor Pat Quinn today signed legislation to protect Illinois homeowners by preventing a lender from selling a home while the homeowner is applying for a federal mortgage assistance program. This legislation is part of Governor Quinn's commitment to protecting Illinois families and helping them fight foreclosure.

"Illinois families must have access to the tools they need to protect their home," Governor Quinn said. "More than one million families have received help through the Illinois Foreclosure Prevention Network, and we want to make sure even more homeowners can remain home for the holidays and the long term."

Sponsored by State Senator Jacqueline Y. Collins (D-Chicago) and State Representative Michael J. Zalewski (D-Riverside), Senate Bill 1045 extends a current law that enables families who have applied for a loan modification under the federal Home Affordable Modification Program (HAMP) to stop the lender or servicer from selling their home.

In 2009, the Obama Administration worked with financial institutions to create HAMP - which allows qualified homeowners to modify mortgage payments to 31 percent of their income. The program lowers monthly mortgage payments to make them more affordable and sustainable.

The Governor signed a law in 2010 that allows homeowners to move to block a judicial sale when they can prove that they applied for a HAMP modification but the property was sold in violation of the program's terms. Today's action extends Illinois law to match the federal HAMP deadline of Dec. 31, 2015 - providing homeowners with more time to save their home from foreclosure. The new law takes effect immediately.

This law furthers the impact of the Governor's Illinois Foreclosure Prevention Network (IFPN)  ?  a free, one-stop resource to connect homeowners with important tools, including access to counseling services, legal advice, federal mortgage assistance programs, foreclosure prevention events and tips on how to avoid mortgage fraud.

Through the IFPN, families facing financial hardship can access HAMP to apply for a loan modification. In Illinois, approximately 47,000 Illinois families have received permanent loan modifications through HAMP that enable them to stay in their home.

"Governor Quinn understands that linking homeowners with crucial assistance stabilizes communities by preventing foreclosures before they happen," Illinois Housing Development Authority (IHDA) Executive Director Mary R. Kenney said. "The median monthly savings for Illinois homeowners in active permanent mortgage modifications under HAMP is about $570 - and now more families statewide can apply for lower monthly payments."

Governor Quinn has been a leader on affordable housing in Illinois and made a historic commitment of $130 million in state capital funds to create more affordable housing opportunities. The Governor has also worked to spur affordable housing homeownership and multifamily rental development by proclaiming 2013 as the Year of Homeownership and launching four new safe and affordable mortgage programs since 2011. Also, affordable housing opportunities have increased. Since 2009, 10,300 working families have been able to purchase a home affordably, and 18,300 affordable rental units were created or preserved. In 2012, IHDA helped more than 2,700 working families access $308 million in capital to purchase a home. This represents an 80 percent increase over production in 2011 and a 770 percent increase over 2010.

Illinois residents who are having trouble paying their mortgage, facing foreclosure or know someone who is should reach out to IFPN as soon as possible by visiting www.keepyourhomeillinois.org or by calling the IFPN hotline at 1-855-KEEP-411.

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(DES MOIES) - Gov. Terry E. Branstad has co-written a bipartisan governors' letter urging President Obama and Congress to make forward progress on three trade agreements that have great potential to open up foreign markets to U.S. exports and to encourage further investment in the U.S.

The letter is joined by a bipartisan group of governors because state leaders understand the importance of opening up foreign markets to empower American businesses, workers, and agricultural producers to effectively compete in a dynamic, global economy.

"With an increasingly competitive global economy, it is important for President Obama and Congress to break-down barriers to international trade," said Branstad. "Trade helps drive economic growth through high-paying jobs for American workers and increased opportunities for American businesses and agricultural producers."

"Governor Branstad and I understand the importance of these trade agreements to Iowa businesses," said Iowa Lt. Gov. Kim Reynolds. "Iowa has many innovative companies and agricultural producers that depend on foreign markets for their long-term success and international buyers recognize Iowa as a provider of world-class, high-quality products."

Iowa's economic growth is closely linked to international trade and the State's job and income growth goals:

  • In 2012, Iowa exported over $14.6 billion worth of goods to countries around the world.
  • From 2011 to 2012, Iowa exports grew by almost 10%, compared to national export growth of just 4.5%.
  • More than 2,500 companies in Iowa export products around the world.
  • Iowa's farmers and agribusinesses rely on international trading agreements to open the door for Iowa's grain and meat products.
  • Based on U.S. Department of Commerce estimates and export statistics, Iowa's exporting companies supported approximately 73,000 jobs in 2012.

*Statistics Reference:  www.iowaeconomicdevelopment.com/newsdetails/5654

Iowa Secretary of Agriculture Bill Northey voiced his support for trade progress stating, "Iowa agriculture has seen tremendous benefits from free trade and there is potential for even more growth if these trade agreements are finalized.  Our farmers do an amazing job producing safe, affordable food and what they need is fair access to additional markets."

Debi Durham, Director of the Iowa Economic Development Authority, stated the following: "International trade helps grow the Iowa and U.S. economy.  The recent bipartisan agreement between congressional committee leaders on Trade Promotion Authority is a positive step for removing governmental hurdles to private sector trade.  Movement on these trade agreements would help enable Iowa's agricultural producers and manufacturers to compete on a level playing field."

Teresa Wahlert, Director of Iowa Workforce Development added:  "We also encourage the Federal government to empower the states with flexible workforce programs, including support for innovative programs like the Skilled Iowa Initiative, to ensure American workers have the skills needed to compete globally."

The below 15 governors signed the letter:

State/Territory 

Governor's Name 


Alabama

Gov. Robert Bentley (R)


Arkansas

Gov. Mike Beebe (D)


Florida

Gov. Rick Scott (R)

 

Indiana

Gov. Mike Pence (R)


Iowa

Gov. Terry Branstad (R)


Kansas

Gov. Sam Brownback (R)


Mississippi

Gov. Phil Bryant (R)


Nebraska

Gov. Dave Heineman (R)


Nevada

Gov. Brian Sandoval (R)


New Mexico

Gov. Susana Martinez (R)

 

Northern Mariana Islands

Gov. Eloy Inos (I)

 

Oklahoma

Gov. Mary Fallin (R)


Pennsylvania

Gov. Tom Corbett (R)

 

Rhode Island

Gov. Lincoln Chafee (D)

 

Utah

Gov. Gary Richard Herbert (R)


The full text of the letter can be read below:

Dear Mr. President, Majority Leader Reid, Speaker Boehner, Minority Leader McConnell, and Minority Leader Pelosi:

As chief executives of their states and territories, governors have a unique perspective regarding the importance of international trade and foreign direct investment (FDI) on our respective economies.  Governors are actively promoting our businesses globally because over ninety five percent of the world's consumers live outside the United States.  We also recognize that FDI creates high paying jobs in our states that support lasting careers in our own communities.  Following the strong bi-partisan support for trade in recent years, we ask you to support the Trans-Pacific Partnership (TPP), the Transatlantic Trade and Investment Partnership (T-TIP), and the Trade in Services (TISA) agreements, which have great potential to help our country compete in a dynamic, global economy.

These robust international trade agreements will enhance and expand economic partnerships and diplomatic relationships between the United States and participating countries.  Reductions in trade barriers and increased market access allows our businesses, workforce, agricultural producers, and service sectors to compete on a more level playing field to help drive economic growth and increase family incomes.  We are encouraged by the comprehensive nature of these agreements, but we do want to underscore that the primary purpose of the agreements should be to increase market access, including improved access for US agricultural and manufactured goods abroad, while establishing ambitious rules to protect intellectual property, empower American workers, ensure fair competition with state-owned enterprises, and foster the digital economy.

We believe that the national and global economy can grow at a more robust pace and that trade liberalization will be a key component of that future growth.  Enacting comprehensive agreements improves the economic standing of all parties.  International trade is not a zero sum game and regulatory cooperation, done properly, can improve the efficiency of our regulatory agencies.

As governors, we strive to create a healthy economic environment in which our citizens can thrive.  We strongly favor the continued pursuit of comprehensive trade agreements with TPP, T-TIP, and TISA countries that focus on market access and establishing rules and disciplines that address emerging challenges to the global trade system.  We encourage forward progress on these trade initiatives to enable our citizens to compete fairly in the world market.

We stand ready to support efforts to educate and inform our friends and allies on these promising agreements.

For more information please visit www.governor.iowa.gov.

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o most limited government conservatives and liberty-minded activists Washington DC seems like Bizarro-World. Never ceasing to disappoint, DC proved again that common sense isn't so common with the latest budget deal that expanded spending in many sequester areas. Illinois' entire Republican caucus went along with the Ryan/Murray compromise except one. Our Junior US Senator Mark Kirk cast the lone Nay vote for fiscal restraint. Dare we ask, is Senator Mark Kirk now the most conservative representative from Illinois? The Republican Liberty Caucus of Illinois wants to welcome US Senator Mark Kirk to the principled wing of the Republican Party!

Senator Kirk ran on a platform describing himself as fiscally conservative and socially moderate. The budget compromise can hardly be called fiscally conservative, so Kirk's stand should be celebrated. As committed activists within the party, we can only hope that other Illinois Republicans gain the courage to tackle tough issues like this.

"I sincerely believe activists need to punish bad political behavior and reward good political behavior. In Wednesday's vote, I'm encouraged that US Senator Mark Kirk is committed to steering our country and budget out of a fiscal ditch," said Allen Skillicorn, Chairman of the Republican Liberty Caucus of Illinois.

For more information about liberty leaning activism and the Republican Liberty Caucus, please see www.rlcil.com.

This week the Senate passed a budget bill.  While I appreciate the bipartisan effort that brokered this budget deal, and I am relieved that it will help avoid another government shutdown, I could not support the proposal and voted against it.

The spending caps that Congress and President Obama put in place two years ago have worked.  I'm not sure why we need to move away from that.  To get our fiscal house in order, we should at least abide by the spending caps put in place in August 2011.  The spending reductions called for in 2011 were agreed to as part of the deal to provide a $2.1 trillion increase in the nation's debt ceiling.

The budget bill approved this week allows for an additional $63 billion in government spending over the next two years when we have a $17 trillion debt.  To offset that higher spending, it raises revenue over ten years but spends that money in the first two years.  It raises fees on air travelers and corporate pension premiums and reduces retirement benefits for military retirees to offset unrelated spending.  Nearly all of the meager spending cuts come way down the road, in 2022 and 2023.

Congress has a spending problem, not a revenue problem, and this budget deal only emphasizes that.

Thursday, December 19, 2013

Video can be found here.

Burton, WA - Unforgettable Fire, LLC announced today that The Country Store in Clarion, Iowa has been chosen as the first dealership in Iowa to debut the American-made Kimberly™ and Katydid™ gasifier wood stoves. Inventor Roger Lehet states, "We chose The Country Store because it is known for exceptional customer service and can-do attitude. Owner, Rick Titus, has 38 years experience in the industry."

Because of its exceptionally clean burning and efficient performance, the Kimberly™ wood stove was one of only 12 finalists from 261 international entries to compete in the Wood Stove Decathlon, sponsored in part by Popular Mechanics magazine. The first event of its kind, the Wood Stove Decathlon was held on the National Mall in Washington, D.C. and attended by many members of Congress.

Although the Kimberly™ gasifier wood stove was originally designed for use on a boat, it soon found a niche in other tight spaces, such as hunting cabins and RV's, due to Kimberly's small size and portability.  Tiny, but mighty, the EPA-certified Kimberly™ wood stove can heat up to 1500 square feet of well-insulated space, and is the darling of many smaller homes. The Katydid™ wood stove, however, was specifically engineered to heat larger homes, up to 3000 square feet of well-insulated space, even in Iowa's sub-zero temperatures.

The gasifier combustion system found in the Kimberly™ and the Katydid™ wood stoves will squeeze every possible BTU from cordwood fuel, keeping families warm through the night with less cost, less labor, and less emissions than other wood stove choices.  With rising costs for propane and natural gas, that comes as good news for Iowa families looking to lower their heating costs.

Both wood stoves use a unique venting system, thereby saving Iowa families hundreds of additional dollars in installation costs over other wood stove choices.

Iowa residents concerned about losing electricity during winter storms will be excited to learn about optional add-on accessories (currently in prototype and coming soon). Accessories will include two thermo-electric generators, a 12-volt convection fan to assist in heat circulation, a baking oven, and a hot water coil system suitable for in-floor heating.

For more information about the The Country Store in Clarion, Iowa, visit www.FireplacesAtTheCountryStore.com or call 515-532-3881 or 515-293-2445.

Unforgettable Fire, LLC Roger Lehet P.O. Box 13491, Burton, WA 98013 Phone: (206)850-2322 Website: http://www.unforgettablefirellc.com
(DES MOINES) - Gov. Terry E. Branstad today approved an emergency declaration suspending the regulatory provisions pertaining to hours of service for drivers of commercial motor vehicles transporting propane. The order goes into effect at 12:01 a.m. on Thursday, December 19th, 2013 and ends at 11:59 p.m. on Thursday, January 2nd, 2014.

The proclamation is as follows:

WHEREAS, because of the late harvest and the recent high demand for petroleum products throughout the upper Midwest portions of the United States, the people of the State of Iowa are faced with extremely low supplies of propane; and

WHEREAS, adequate supplies of propane are necessary to provide residential and agricultural heating to our citizens in rural portions of the state; and

WHEREAS, the effects of this propane shortage are being felt throughout the State of Iowa; and

WHEREAS, the limited suspension of certain hours of service regulations for drivers of commercial motor vehicles transporting propane in our state will increase the amount of propane transported throughout the State of Iowa, thereby reducing the potentially damaging effects of this shortage; and

WHEREAS, these conditions threaten the peace, health, and safety of the citizens of the State of Iowa and its agricultural industry and accordingly provide legal justification for the issuance of a Proclamation of a State of Disaster Emergency pursuant to Iowa Code § 29C.6(1).

NOW, THEREFORE, I, TERRY E. BRANSTAD, Governor of the State of Iowa, by the power and authority vested in me by the Iowa Constitution Art. IV, §§ 1, 8 and Iowa Code § 29C.6(1), and all other applicable laws, do hereby proclaim a STATE OF DISASTER EMERGENCY for the entire state of Iowa and do hereby ORDER and DIRECT the following:

SECTION ONE.  I temporarily suspend the regulatory provisions of Iowa Code § 321.449 pertaining to hours of service for drivers of commercial motor vehicles transporting propane, during the duration of this disaster, subject to these conditions:

A.      Nothing contained in this Proclamation shall be construed as an exemption from the controlled substances and alcohol use and testing requirements under 49 CFR Part 382, the commercial drivers' license requirements under 49 CFR Part 383, the financial responsibility requirements of 49 CFR Part 387, or any other portion of the Code of Federal Regulations not specifically identified in this proclamation.

B.      No motor carrier operating under the terms of this proclamation shall require or allow a fatigued or ill driver to operate a motor vehicle. A driver who informs a carrier that he or she needs immediate rest shall be given at least ten consecutive hours off duty before the driver is required to return to service.

C.      Upon the request of a driver, a commercial motor carrier operating under this proclamation must give a driver at least thirty-four (34) consecutive hours off when the driver has been on duty for more than seventy (70) hours during any eight consecutive days.

D.      Motor carriers that have an out-of-service order in effect may not take advantage of the relief from regulations that this declaration provides under title 49 CFR § 390.23.

E.      Upon the expiration of the effective date of this Proclamation, or when a driver has been relieved of all duty and responsibility to provide direct assistance to the emergency effort, a driver that has had at least thirty-four (34) consecutive hours off duty shall be permitted to start his or her on-duty status hours and 60/70 hour clock at zero.

SECTION TWO.  This state of disaster emergency shall be effective at 12:01 a.m. on December 19th, 2013, shall continue fifteen (15) days, and shall expire on January 2nd, 2014 at 11:59 p.m., unless sooner terminated or extended in writing by me.


IN TESTIMONY WHEREOF, I have hereunto subscribed my name and caused the Great Seal of the State of Iowa to be affixed at Des Moines, Iowa this 18th day of December in the year of our Lord Two Thousand Thirteen.


______________________________
__
TERRY E. BRANSTAD
GOVERNOR


ATTEST:


____________________________
MATT SCHULTZ
SECRETARY OF STATE

Governor's Proposal Would Increase Minimum Wage from $8.25 to at least $10

CHICAGO - Just one week before Christmas, Governor Pat Quinn today visited Chicago's historic St. Pius V Church to continue his ongoing fight to raise Illinois' minimum wage from $8.25 to at least $10. The Governor first proposed raising the minimum wage in his 2013 State of the State address and today's visit is part of his agenda to alleviate poverty, drive economic growth and ensure that all workers are treated fairly.

"No one should work 40 hours a week and live in poverty," Governor Quinn said. "This holiday season, it's important to remember the hundreds of thousands of people across Illinois who are working full time but still trapped in poverty. As multiple studies have shown, this common-sense proposal is good for workers and the economy."

Today's event was held at the historic St. Pius Parish, which was founded in 1874 and is an important part of the Pilsen community, offering education, counseling and other tools to brighten the futures of those who want to work.

A full-time minimum wage worker in Illinois makes around $16,600 annually, which is well below the Federal Poverty Threshold of $17,916 for a family of three. The Governor supports raising the minimum wage to at least $10, and then tying raises in the minimum wage to the cost of living thereafter. This would ensure that the value of the worker's wage will not decrease with respect to inflation.

The Illinois minimum wage ($8.25) - which hasn't been increased since 2010 - is less than half of the average U.S. hourly wage. By increasing the Illinois minimum wage to $10, a half-million Illinois consumers will make an extra $4,800 a year and much of that extra income will typically be spent at local businesses on food, clothing and furniture, providing a strong boost to the local economy.

In addition, studies conducted by the Federal Reserve Bank of Chicago show that an increase of $1 in the minimum wage generates approximately $3,000 in household spending per year, greatly improving purchasing power and strengthening our economy. Nearly two-thirds of small business owners support raising the federal minimum wage because they believe it will help the economy and, in turn, enable them to hire more workers, according to a poll conducted by the Small Business Majority. Leaders from large companies such as Costco, Starbucks and Stride Rite also have supported increasing the minimum wage as a way to reduce employee turnover and improve workers' productivity.

Currently, 19 states and the District of Columbia have raised their minimum wages higher than $7.25 per hour, which is the current federal floor. Two more states will increase their minimum wages effective January 1. In addition, President Barack Obama has said that "it's well past the time" to raise the federal minimum wage.

In August, Governor Quinn signed three laws that fight questionable practices in order to protect Illinois workers' paychecks. House Bill 2649, House Bill 923 and House Bill 3125 deal with the misclassification of workers and the attempts of employers to avoid paying state employment taxes and premiums.

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CHICAGO - Governor Pat Quinn today released the below statement on the Archer Daniels Midland Company's (ADM) decision to establish a new world headquarters in Chicago. The Governor spoke with Chairman and CEO Patricia Woertz several times in recent days:

"ADM's decision to establish a world headquarters in Chicago is great news for Illinois and our economy.

"I spoke with ADM Chairman and CEO Patricia Woertz several times over the past week and made clear that there is no better place to do business than Illinois.

"ADM's long-term commitment to Chicago, Decatur and our entire state demonstrates its own faith in its future here.

"I have enjoyed working with ADM for more than a decade. I look forward to continued partnership as this dynamic company invests and grows in Illinois."

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