Chicago business license approvals for new and existing businesses fell to their second-lowest level of the past two decades in 2024, with the city reporting 47,835 fewer licensed businesses than in 2005. That’s a 62 percent drop.
OMG! Wow, excellent reporting WP, it’s a staggering statistic that should be national news.
Leaving Soon, just not soon enough
1 year ago
Who in their right mind would start a business in Chicago? Work 70 hours a week with great risk of losing everything.
OR
Become a public sector “worker” and put in little effort get good pay, great benefits, and a pension at an early age. It is a no brainer.
Last edited 1 year ago by Leaving Soon, just not soon enough
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.
OMG! Wow, excellent reporting WP, it’s a staggering statistic that should be national news.
Who in their right mind would start a business in Chicago? Work 70 hours a week with great risk of losing everything.
OR
Become a public sector “worker” and put in little effort get good pay, great benefits, and a pension at an early age. It is a no brainer.