Labor-aligned group sees boon in jobs and tax revenues with Illinois data center growth
A report suggests that $57 billion in planned data center projects in Illinois could create 121,000 jobs by 2035. However, the growth may also lead to increased utility bills for residents.
Data center projects planned in Illinois over the next decade could generate tens of thousands of new jobs and hundreds of millions of dollars in new tax revenues but also drive up utility bills, according to a report released Thursday.The state is expecting $57 billion worth of new data center projects through 2035, which the labor-backed think tank, Illinois Economic Policy Institute, and the University of Illinois say could create 121,000 mostly temporary skilled trade and construction…
READ NEXT
More on the wire
AI TLDR
A 14-year-old boy is in critical condition after being shot in the neck by an unknown offender while standing on a sidewalk in West Ridge on Friday afternoon.
AI TLDR
Chicago drivers are facing higher costs for oil changes as motor oil prices rise due to supply chain disruptions.
AI TLDR
Bears cornerback Kyler Gordon is participating in practice this week as he works toward returning from the physically-unable-to-perform list.