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The traditional workweek that drew 600,000 employees to Chicago’s commercial office buildings Monday through Friday before the pandemic will be replaced by a “three-and-two hybrid” with two days of remote work, a top mayoral aide predicted Wednesday.
Michael Fassnacht, newly-appointed CEO of the public-private job growth agency known as World Business Chicago, said the stay-at-home shutdown that forced employees to work from home — if they could — has created an appetite for remote work that will survive COVID-19 and all its variants.
Summary and audio linked here.
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.
Expect no retraction or apology. This what they do.
The state’s existing buyout program for its own pensions is the precedent for Chicago, which should be a warning: Look out for similar exaggerated claims and shoddy analysis.
Full interview and summary linked here.
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Yea OK two- three or two-two. I’m following the Educators, Zero-zero. I’m not working in the office or at home. What’s going down on North Michigan? Mobs shoplifting? I thought they already stole everything. Maybe they loaded up all the junk they couldn’t unload on an expediter.
What a clown. She needs to shut her mouth. Just…. I can’t understand who the hell voted for this moron. The “mayor” thinks she controls when and where people work? Get bent…
World Business Chicago! Trumpets and fanfare! Another windbag factory. Feebly attempting to make Chicago appealing to the business world. Chicago will be lucky if anyone comes to work without an armored convoy.