The Chicago business community has been battered a bit over the past few years — from COVID-19 closures to fleeing corporate headquarters. For many business leaders, public safety weighs heavily in the conversation about Chicago’s business future.
Yet the figures show there are nearly 1.8 jobs for every unemployed person, down from a peak of 2 but historically very high. Before the pandemic, there were usually more unemployed people than jobs.
Some members of Chicago’s tech and business communities say Google’s expansion into the Thompson Center shows the city’s potential to grow into a bigger tech hub.
Mayor Lori Lightfoot’s plan to close a projected $733 million budget gap in 2022 relies on $385 million in federal relief funds and nearly $299 million in savings and efficiencies, but the plan contains “no new tax or significant fee increases” for Chicago residents, she said.
More and more employers are now mandating vaccination against COVID-19 as a condition of returning to the office. Among them are some of the largest and best-known corporations in the country, from Walmart to The Washington Post and Tyson Foods to Twitter.