Millennials are moving out of Chicago faster than they're coming in, and it's not all that close. Roughly 23,200 people between the ages of 25 and 39 moved from another state to Chicago last year, while nearly 36,500 left the city for another state, according to a study from SmartAssetanalyzing U.S. Census Bureau data.
And I thought they were DUMB, guess not. Smart college kids never come back to Illinois. Lots of places to live without Crime, High taxes and cold weather. Texas and Florida are growing and offers lots of opportunities for the young. NO STATE INCOME TAXES over a lifetime add up to the price of a house.
Chicago has a lot of high paying jobs with large companies and prestigious professional businesses. Jobs that are nowhere near as plentiful in FL or TX. Big Ten grads used to see Chicago as a good place to work and live. Nowadays, not so much, especially for non-adherents to the Progressive Religion. Its only a matter of time before the the professional corporations and Fortune 500 companies struggle to find talent in Chicago – because the politics scare away over half of potential job seekers – that they move elsewhere.
nixit
3 years ago
They are your profit centers: young professionals, mostly single or married w/o school-aged kids. Chicago balanced its books on this demographic for decades. If Chad and Trixie go, so goes the city.
Giddyap
3 years ago
If there’s one thing millennials know how to do, it’s when to leave a place that has no future.
A largely unasked question is becoming glaring: Is Illinois doing all it should to use artificial intelligence to make government cost less and work better? So far, the evidence says no.
And I thought they were DUMB, guess not. Smart college kids never come back to Illinois. Lots of places to live without Crime, High taxes and cold weather. Texas and Florida are growing and offers lots of opportunities for the young. NO STATE INCOME TAXES over a lifetime add up to the price of a house.
Chicago has a lot of high paying jobs with large companies and prestigious professional businesses. Jobs that are nowhere near as plentiful in FL or TX. Big Ten grads used to see Chicago as a good place to work and live. Nowadays, not so much, especially for non-adherents to the Progressive Religion. Its only a matter of time before the the professional corporations and Fortune 500 companies struggle to find talent in Chicago – because the politics scare away over half of potential job seekers – that they move elsewhere.
They are your profit centers: young professionals, mostly single or married w/o school-aged kids. Chicago balanced its books on this demographic for decades. If Chad and Trixie go, so goes the city.
If there’s one thing millennials know how to do, it’s when to leave a place that has no future.