Chicago

$15 minimum wage would harm Chicago workers

08/04/2013
This week, fast-food workers, retail employees and others have been protesting at McDonald’s restaurants and other fast-food restaurants and chain stores in Chicago and cities across the country. The protesters, who are being egged on and funded by the Service Employees International Union, or SEIU, and other union-affiliated groups, are demanding a $15-an-hour wage; a huge...

TAGS: Chicago, minimum wage

Chicago’s dire finances highlight the city’s union problem

08/02/2013
About a year ago, the city of Chicago released its 2012 Annual Financial Analysis. Back then I noted that many of the city’s challenges, especially high employee costs and growing pension debt, were aggravated by a heavily unionized workforce. With a new year comes newer, more disturbing financial figures – and the same old union problem...

TAGS: Chicago

Chicago’s budget woes

By Benjamin VanMetre
08/01/2013
Chicago officials are reviewing the state of the city’s finances in preparation for a months-long budgeting process – and the numbers aren’t pretty. The city of Chicago released today its 2013 Annual Financial Analysis. As this document reveals, growing debt payments and unfunded pension liabilities continue to push the city’s budget into the red. As this...

TAGS: Chicago

Three things you need to know about Chicago’s budget

By Benjamin VanMetre
08/01/2013
Chicago officials are reviewing the state of the city’s finances in preparation for a months-long budgeting process – and the numbers aren’t pretty. The city of Chicago released today its 2013 Annual Financial Analysis. As this document reveals, growing debt payments and unfunded pension liabilities continue to push the city’s budget into the red. As this...

TAGS: Chicago

Census: Chicago slowest growing big city in U.S.

By Hilary Gowins
05/25/2013
The state of Illinois has been experiencing net out-migration for the last decade. That is, the number of people choosing to leave the state is outpacing the number of people moving to Illinois. Illinois had the eighth-lowest population growth in the nation between 2002 and 2012. And compared with its neighbors, Illinois’ population growth is...

TAGS: Chicago, outmigration, population