A new survey by SmartAsset.com has found that New York, California and Illinois are losing more highly paid workers under 35 than they are gaining.
SmartAsset, a website that provides financial advice to young professionals, compiled the survey data by comparing the tax returns of workers making over $100,000 during the survey period of 2019 to 2020.
The Prairie State finished third, behind New York and California, for net loss of sought-after workers under 35. The District of Columbia and Massachusetts came in fourth and fifth behind Illinois for net loss of those workers, the survey found.
Todd Maisch, president and CEO of the Illinois Chamber of Commerce, said the survey numbers are small, but businesses in Illinois continue to be concerned about retaining workers.
Illinois gained 6,527 highly paid professionals during 2019 and 2020, but it lost 9,386 comparable workers, SmartAsset found. That is a net loss of 2,859 top-talent workers.
“Whether you are a trucking firm or a McDonald’s franchisee or an IT consultant, everybody is competing for talent,” Maisch told The Center Square. “Illinois is still attracting talent, but the big thing that comes to my mind is, can we keep it?”
The most popular destinations for rich young workers are Washington state, Texas and Florida, SmartAsset found. Maisch said highly paid workers in their 30s are looking for mid-career lifestyles.
“Another state might not have the Chicago lakefront, but it can have a lot of things that Chicago has,” he said. “Recruiters from other states say, ‘We’re safer. We’re more stable. You won’t have to worry about the government zigging and zagging on you all the time.’ That’s our competition.”
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Wake up Cook County voters!
“Chicago” Democrats are sort of unique (although the Bidens would fit in nicely here) in that they blatantly lie about almost everything and realize that they will win anyway. The Michael Madigan Dems have been in control for more than 30 years, and they are responsible for the mess this state is in. Illinois and the City of Chicago have the least funded public retirement systems in the US. Plus, the worst urban crime in what was once a great city. The Magnificent Mile is now in decline because the police are not allowed to do their jobs, and when they do make an arrest, the perp is out on the streets in a few days —- soon to a few hours with “no cash bail”. Smash and grab is now an “urban career” – – no college degree required! High end retail stores are closing because they are subject to these crimes on a daily basis. The Democrat Rot is making its way to what were once safe suburbs. Northbrook Court and Oakbrook Center are new targets for the Urban Career Smash and Grab Criminals.
Unfortunately, suburban women help elect the Dems because the abortion issue seems to override every other issue for them, and the Dems are very happy to promote the false idea that the Supreme Court “took away their abortion rights.” All the Supreme Court did was determine, correctly, that there is no abortion right in the US Constitution. It’s a state issue. In most states nothing changed.