Illinois welcomed the New Year with significant changes aimed at strengthening public health and economic development. The Illinois Department of Public Health announced that new laws and rules, including strengthened rules on childhood lead testing and requirements for long-term care facilities, took effect on January 1, 2025[1].
In the business sector, Illinois is set to increase the state minimum wage to $15 per hour in 2025, which may further pressure job creators. Despite economic challenges, including notable business closures and layoffs, Illinois businesses have shown resilience. New business applications have grown by 47% since the pandemic, with small businesses leading the way in hiring and experiencing above-average wage growth[2].
The state is also implementing nearly 300 new laws in 2025, covering digital IDs, salary transparency, health reforms, AI regulations, and environmental measures[5]. These changes aim to address various issues, including energy grid reliability, renewable energy delays, and surging demand.
On the environmental front, NOAA's 2024/2025 Early Winter Forecast predicts a mix of above-average and below-average temperatures for Illinois, with above-average precipitation expected. This could mean more snow and ice if temperatures trend colder, or above-average rainfall if they trend warmer[3].
Looking Ahead:
- The impact of the new minimum wage on businesses and employment will be closely watched.
- The implementation of nearly 300 new laws will continue to shape various aspects of life in Illinois.
- The development of new industries, particularly in the computing sector, including data centers and a quantum computing campus, is expected to create new manufacturing and tech jobs.
- The ongoing trial of Michael Madigan and efforts to reform Tier 2 pension benefits for public employees will remain significant political and legal developments in the state.
This content was created in partnership and with the help of Artificial Intelligence AI