The Community Development Commission sent the proposal to the Chicago Plan Commission, which is scheduled to consider the issue at its meeting scheduled for Oct. 20.
Business
A vote on a measure that would strip members of the Chicago City Council of their authority to ban commercial property owners from hiring a firms to patrol their parking lots and swiftly immobilize cars that are parked there illegally was delayed. A familiar lobbyist and campaign cash factor into the debate.
Friday’s government report showed that hiring fell from 315,000 in August to the weakest monthly gain since April 2021. The unemployment rate fell from 3.7% to 3.5%, matching a half-century low.
The community’s 53rd Street is home to many locally-owned shops, nightlife spots and restaurants. There’s been some turnover during COVID, but a lot of the small businesses have hung on — even though they’re still facing challenges.
It’s the sixth year in a row the city has landed in the top spot. More than 240,000 Condé Nast Traveler readers from all over the country ranked Chicago as their favorite city to visit.
Lack of rainfall in recent weeks has left the Mississippi River approaching record low levels in some areas from Missouri south through Louisiana. The U.S. Coast Guard said at least eight “groundings” of barges have been reported in the past week, despite low-water restrictions on barge loads.
There are more than 500 employment laws, policies and sanctions that prevent people with criminal records from accessing employment in Illinois. While those barriers exist in many industries, some employers focus specifically on hiring people who are re-entering society after prison.
The number of available jobs in the U.S. plummeted in August compared with July as businesses grow less desperate for workers, a trend that could cool chronically high inflation.
John Brennan, a real estate investor and civic leader who was an active WTTW and WFMT trustee for the last 18 years, died suddenly on Monday. He was 60 years old.
Mayor Lori Lightfoot’s plan to close a projected $170.6 million budget gap in 2023 relies on booming tax revenues that she said proves Chicago’s budget has fully recovered from the economic catastrophe caused by the COVID-19 pandemic.
Along with accepting items for donation, experts will be on hand to share tips not only about recycling but re-using, re-purposing and reducing consumption.
A new high school is slated to be built at 24th and State streets, with the recent blessing of the Chicago Board of Education. It was a tight 4-3 vote, an indication of how controversial the plan is considering that residents of Chinatown, the South Loop and surrounding communities have been asking for a new school for decades.
Northwestern University on Wednesday unveiled plans for a state-of-the-art $800 million stadium, which would replace the almost 100-year-old Ryan Field.
Mayor Lori Lightfoot did not explain Thursday how she would propose to bridge the city’s projected 2023 budget shortfall, which is now 33% bigger than the gap she detailed nearly two months ago.
The economy shrank in the first half of this year, the government confirmed in a report Thursday, underscoring fears of a broad-based slowdown that could lead to a recession.
Illinois was supposed to be the national model when government leaders pledged they’d use the 2020 legalization of marijuana to right the wrongs of the war on drugs that disproportionately harmed Black and Latino communities. Nearly three years later, those poised to benefit say they’re still stymied.
