To help combat mass layoffs, state government needs to listen to existing businesses, according to a Will County economic development organization. Businesses must give the state 60-day advance notice of mass layoffs and plant closures. And the February Worker Adjustment and Retraining Notification Act report projects that 1,700 layoffs are expected across the state in the next few months.
Three businesses in Will County report an expected 251 combined layoffs. John Greuling, president and CEO of Will County Center for Economic Development, says by the time his office sees the report, businesses already have made the decision to pack up. Greuling says if the state wants to increase economic activity, lawmakers need to listen up.
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Although Greuling says businesses in Will County like Illinois and its workforce, he fields concerns about workers’ comp costs, high labor costs and uncertainty about what taxes will be in the long run given the state’s pension debt and budget crisis.