2010 Report on Illinois Poverty
People who had the least to start with before the recession were hit first, hit hardest, and will regain lost ground slowest, according to the 2010 Report on Illinois Poverty. Workers in the lowest income group in Illinois had a 1930’s-like unemployment rate of 27.0 percent in the 4th quarter of 2009 while Illinois’ overall unemployment rate was 10.2percent.
- The unemployment rate for men was 11.1 percent compared to women’s unemployment rate of 8.7percent.
- The unemployment rate for black workers was 17.1percent compared to 9.0percent for white workers.
- Newer entrants to the workforce (ages 20 to 24) had an unemployment rate of 16.3percent compared to rates of 9.7percent and below for older workers.
- Workers with less than a high school diploma are 4 times more likely to be unemployed than workers with a bachelor’s degree.
- Only 9 states had a greater proportion of homes that received a foreclosure filing in March 2010 than Illinois, in which 1 out of every 371 homes received a foreclosure filing.
- 1 out every 7 Illinois households has zero or negative net worth.
- Illinoisans’ average debt from all sources is over $11,300.
- The increase in personal bankruptcy filings from 2006-2009 in Chicago region counties has been exponential: Cook +163 percent, DuPage +249 percent, Kane +266 percent, Lake +190 percent, McHenry +240 percent, and Will +191 percent.
- 680,000 Illinoisans lived in extreme poverty in 2008 on an annual income of less than half of the poverty line (less than $11,000 a year for a family of four) – a considerable increase from 2000 when 619,240 Illinoisans lived in extreme poverty.
- Being in extreme poverty greatly increases a person’s likelihood of being uninsured: 49.1percent of adults ages 18-64 years old in extreme poverty are uninsured, versus 16.4percent for those not in extreme overty.
- Low-income people with disabilities face severe gaps between disability payment amounts, averaging $674 a month in Illinois, and average monthly rents for a 1-bedroom at $788 and even studio apartments at $690.
For more information, visit www.heartlandalliance.org/povertyreport.