Finding jobs around Chicago will be tough even as economy reopens, experts say – Chicago Sun-Times

Andrew Challenger, senior vice president of the Chicago outplacement firm Challenger, Gray & Christmas, said some companies are limping through the summer with bailout money from the federal Payroll Protection Program. “There are a lot of jobs that are basically on life support right now. If the demand doesn’t come back, they will be gone.”

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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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