The Dynamism Index by State

Dynamism Indicators for Illinois

2014
1. Business Churn 16.7% 14.0%
2. Jobs in New Companies 3.0% 1.7%
3. Jobs in Incumbent Companies 62.6% 76.5%
4. Labor Market Churn 30.8% 22.0%
5. Labor Force Participation 68.2% 64.8%
6. Change in Firms 0.7% 0.0%
7. Net Migration -4.4 -7.4
Score 50.4 27.5
Ranking 34 31
1. Business Churn 16.5% 14.0%
2. Jobs in New Companies 2.4% 1.7%
3. Jobs in Incumbent Companies 64.5% 76.5%
4. Labor Market Churn 29.2% 22.0%
5. Labor Force Participation 68.0% 64.8%
6. Change in Firms 1.6% 0.0%
7. Net Migration -5.1 -7.4
Score 47.2 27.5
Ranking 37 31
1. Business Churn 16.6% 14.0%
2. Jobs in New Companies 2.7% 1.7%
3. Jobs in Incumbent Companies 64.8% 76.5%
4. Labor Market Churn 25.4% 22.0%
5. Labor Force Participation 68.0% 64.8%
6. Change in Firms 1.6% 0.0%
7. Net Migration -5.3 -7.4
Score 46.2 27.5
Ranking 40 31
1. Business Churn 16.6% 14.0%
2. Jobs in New Companies 2.5% 1.7%
3. Jobs in Incumbent Companies 65.1% 76.5%
4. Labor Market Churn 25.2% 22.0%
5. Labor Force Participation 68.3% 64.8%
6. Change in Firms 1.8% 0.0%
7. Net Migration -4.6 -7.4
Score 45.5 27.5
Ranking 40 31
1. Business Churn 16.9% 14.0%
2. Jobs in New Companies 2.4% 1.7%
3. Jobs in Incumbent Companies 65.5% 76.5%
4. Labor Market Churn 27.4% 22.0%
5. Labor Force Participation 68.6% 64.8%
6. Change in Firms 1.3% 0.0%
7. Net Migration -5.4 -7.4
Score 46.4 27.5
Ranking 42 31
1. Business Churn 16.9% 14.0%
2. Jobs in New Companies 2.4% 1.7%
3. Jobs in Incumbent Companies 66.5% 76.5%
4. Labor Market Churn 29.0% 22.0%
5. Labor Force Participation 68.8% 64.8%
6. Change in Firms 0.8% 0.0%
7. Net Migration -5.8 -7.4
Score 46.6 27.5
Ranking 40 31
1. Business Churn 16.6% 14.0%
2. Jobs in New Companies 2.6% 1.7%
3. Jobs in Incumbent Companies 67.2% 76.5%
4. Labor Market Churn 26.0% 22.0%
5. Labor Force Participation 68.8% 64.8%
6. Change in Firms 0.7% 0.0%
7. Net Migration -5.7 -7.4
Score 44.7 27.5
Ranking 45 31
1. Business Churn 16.2% 14.0%
2. Jobs in New Companies 2.4% 1.7%
3. Jobs in Incumbent Companies 67.8% 76.5%
4. Labor Market Churn 26.0% 22.0%
5. Labor Force Participation 69.6% 64.8%
6. Change in Firms 0.3% 0.0%
7. Net Migration -5.5 -7.4
Score 43.0 27.5
Ranking 41 31
1. Business Churn 15.8% 14.0%
2. Jobs in New Companies 2.2% 1.7%
3. Jobs in Incumbent Companies 68.1% 76.5%
4. Labor Market Churn 27.4% 22.0%
5. Labor Force Participation 69.5% 64.8%
6. Change in Firms 0.1% 0.0%
7. Net Migration -5.7 -7.4
Score 42.1 27.5
Ranking 39 31
1. Business Churn 15.4% 14.0%
2. Jobs in New Companies 2.1% 1.7%
3. Jobs in Incumbent Companies 68.7% 76.5%
4. Labor Market Churn 28.4% 22.0%
5. Labor Force Participation 68.6% 64.8%
6. Change in Firms 0.1% 0.0%
7. Net Migration -5.9 -7.4
Score 40.7 27.5
Ranking 39 31
1. Business Churn 15.6% 14.0%
2. Jobs in New Companies 2.5% 1.7%
3. Jobs in Incumbent Companies 69.7% 76.5%
4. Labor Market Churn 30.6% 22.0%
5. Labor Force Participation 67.1% 64.8%
6. Change in Firms -0.6% 0.0%
7. Net Migration -5.9 -7.4
Score 41.6 27.5
Ranking 43 31
1. Business Churn 15.6% 14.0%
2. Jobs in New Companies 2.3% 1.7%
3. Jobs in Incumbent Companies 70.5% 76.5%
4. Labor Market Churn 27.2% 22.0%
5. Labor Force Participation 66.2% 64.8%
6. Change in Firms 0.5% 0.0%
7. Net Migration -5.9 -7.4
Score 39.4 27.5
Ranking 41 31
1. Business Churn 15.7% 14.0%
2. Jobs in New Companies 2.3% 1.7%
3. Jobs in Incumbent Companies 71.0% 76.5%
4. Labor Market Churn 26.6% 22.0%
5. Labor Force Participation 66.2% 64.8%
6. Change in Firms 1.0% 0.0%
7. Net Migration -5.7 -7.4
Score 39.7 27.5
Ranking 37 31
1. Business Churn 16.1% 14.0%
2. Jobs in New Companies 2.5% 1.7%
3. Jobs in Incumbent Companies 71.3% 76.5%
4. Labor Market Churn 26.8% 22.0%
5. Labor Force Participation 66.6% 64.8%
6. Change in Firms 1.3% 0.0%
7. Net Migration -6.3 -7.4
Score 41.5 27.5
Ranking 37 31
1. Business Churn 16.5% 14.0%
2. Jobs in New Companies 2.4% 1.7%
3. Jobs in Incumbent Companies 71.6% 76.5%
4. Labor Market Churn 25.4% 22.0%
5. Labor Force Participation 67.5% 64.8%
6. Change in Firms 0.5% 0.0%
7. Net Migration -5.4 -7.4
Score 40.8 27.5
Ranking 36 31
1. Business Churn 15.8% 14.0%
2. Jobs in New Companies 2.1% 1.7%
3. Jobs in Incumbent Companies 72.7% 76.5%
4. Labor Market Churn 29.2% 22.0%
5. Labor Force Participation 68.4% 64.8%
6. Change in Firms 0.8% 0.0%
7. Net Migration -4.8 -7.4
Score 41.2 27.5
Ranking 34 31
1. Business Churn 16.1% 14.0%
2. Jobs in New Companies 2.0% 1.7%
3. Jobs in Incumbent Companies 73.0% 76.5%
4. Labor Market Churn 24.6% 22.0%
5. Labor Force Participation 67.8% 64.8%
6. Change in Firms -0.7% 0.0%
7. Net Migration -4.1 -7.4
Score 36.6 27.5
Ranking 33 31
1. Business Churn 15.6% 14.0%
2. Jobs in New Companies 1.7% 1.7%
3. Jobs in Incumbent Companies 74.1% 76.5%
4. Labor Market Churn 20.6% 22.0%
5. Labor Force Participation 67.0% 64.8%
6. Change in Firms -2.9% 0.0%
7. Net Migration -3.8 -7.4
Score 29.6 27.5
Ranking 34 31
1. Business Churn 14.3% 14.0%
2. Jobs in New Companies 1.9% 1.7%
3. Jobs in Incumbent Companies 74.4% 76.5%
4. Labor Market Churn 22.0% 22.0%
5. Labor Force Participation 66.9% 64.8%
6. Change in Firms -1.4% 0.0%
7. Net Migration -4.5 -7.4
Score 29.8 27.5
Ranking 31 31
1. Business Churn 14.6% 14.0%
2. Jobs in New Companies 1.9% 1.7%
3. Jobs in Incumbent Companies 75.1% 76.5%
4. Labor Market Churn 22.0% 22.0%
5. Labor Force Participation 66.2% 64.8%
6. Change in Firms -0.5% 0.0%
7. Net Migration -5.2 -7.4
Score 30.6 27.5
Ranking 26 31
1. Business Churn 13.9% 14.0%
2. Jobs in New Companies 1.7% 1.7%
3. Jobs in Incumbent Companies 75.4% 76.5%
4. Labor Market Churn 23.8% 22.0%
5. Labor Force Participation 65.9% 64.8%
6. Change in Firms 0.9% 0.0%
7. Net Migration -5.7 -7.4
Score 30.7 27.5
Ranking 31 31
1. Business Churn 14.0% 14.0%
2. Jobs in New Companies 1.6% 1.7%
3. Jobs in Incumbent Companies 76.1% 76.5%
4. Labor Market Churn 21.6% 22.0%
5. Labor Force Participation 65.5% 64.8%
6. Change in Firms 0.1% 0.0%
7. Net Migration -5.2 -7.4
Score 27.9 27.5
Ranking 30 31
1. Business Churn 14.0% 14.0%
2. Jobs in New Companies 1.7% 1.7%
3. Jobs in Incumbent Companies 76.5% 76.5%
4. Labor Market Churn 22.0% 22.0%
5. Labor Force Participation 64.8% 64.8%
6. Change in Firms 0.0% 0.0%
7. Net Migration -7.4 -7.4
Score 27.5 27.5
Ranking 31 31

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Dynamism Index

  • United States
  • Illinois

Business Churn

  • United States
  • Illinois

Jobs in New Companies

  • United States
  • Illinois

Jobs in Incumbent Companies

  • United States
  • Illinois

Labor Market Churn

  • United States
  • Illinois

Labor Force Participation

  • United States
  • Illinois

Change in Firms

  • United States
  • Illinois

Net Migration

  • United States
  • Illinois

Download the ISD Report