Chicago commuters are saving the most time in the work-from-home era – Crain’s*

Chicago saw the largest drop in reported commute times among the three Midwestern cities observed, with a 3.2-minute decrease in travel time. The data also showed that in 2021 Chicago had an at-home workforce of 27.1%, compared with 2019's 6.2%. Nationwide, the work-from-home population increased from 6% to 18%. The increase in remote work resulted in an estimated 26 hours per year saved on average for nonremote workers in Chicago.

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Mark Glennon on AM560’s Morning Answer: Chicago pension buyout plan mostly shifts debt rather than eliminating it, property tax surge doubles inflation over three decades

Chicago’s political leadership is floating a pension buyout program as evidence it is seriously addressing the city’s thirty-six-billion-dollar unfunded pension liability, but Mark Glennon, founder of the Illinois policy research organization Wirepoints, said that the proposal moves debt from one column to another rather than reducing it, and that the broader fiscal picture facing the city continues to deteriorate across every measurable dimension. Audio here.

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