The Bureau of Labor Statistics announced that the national unemployment rate rose in October to 7.3 percent from 7.2 percent one month earlier. There are 11.3 million Americans currently unemployed. The U-6 unemployment rate, which includes all workers who are unemployed or underemployed, rose to 13.8 percent, up from last month’s 13.6 percent. In total,...
Chicago’s $1.15 billion projected budget gap is the latest in a decades-long string of structural deficits. Making Chicago’s high taxes worse is not the solution.