Chicago Employment Continues to Drop
Didn't Rahm spend something like the entire last half of 2012 announcing jobs he managed to steal from surrounding suburbs and such? So what's up with this?
- The U.S. Bureau of Labor Statistics recently published unemployment data for March, indicating that most of the country is continuing to dig out from the Great Recession. Of the 49 major metropolitan areas in the U.S. (those with at least 1 million residents in 2000), the unemployment rate dropped in 45, held steady in one, and rose in just three. Chicago, Memphis, and Indianapolis were the three cities to experience rising unemployment in their metropolitan areas.
- In March, the biggest year-over-year jump in unemployment occurred in the Chicago metropolitan area, where the unemployment rate rose from 9% to 9.5%. This uptick parallels the worsening employment situation in Illinois more generally...
Nothing to see here folks. Increased taxes? Fines? Unfriendly business climate? A completely imaginary statistic program that shows crime falling while citizens say the danger is more prevalent than ever. Why would anyone want to move here?