Day: May 30, 2018

Fewer high schoolers are working. This is not good. – Opinion – Crain’s

Yes, teen labor force participation has fallen by 16 percentage points since 1990. Over the same period, though, employment rates of older workers and noncitizens without a high school degree also decreased. This is true not only in Illinois, but across the nation. These facts indicate that competition from older workers or low-skilled immigrant workers cannot fully explain declining teen employment.

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Huge CTA el car deal hits snag in Washington – Crain’s

In the first of two actions, the White House announced that Trump has decided to impose tariffs on $50 billion worth of Chinese imports. Tariffs could drive up the cost of up to 836 cars that are to be assembled at a factory at 135th and Torrence because some of the material and parts for the trains will be imported from China.

The other development came late last week when the House Appropriations Committee voted to include in a transportation funding bill a ban on purchasing rail cars from entities owned, directed or operated by China.

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