Chicago economic recovery Articles, Chicago economic recovery News

Government Gridlock Keeps Stalling Job Growth

Politicians all say the economy needs more jobs. Job growth depends more than anything else on certainty about government spending and tax policy....

Is Chicago Area Construction Recovering?

Maybe. A little bit.The Chicago and northeastern Illinois area had 14 of the top 35 construction starts in the Midwest in 2011, totaling nearly two...

Fantasy Land at the BLS (Part II)

In Part I, we laid out statistical reality regarding the employment data reported by the U.S. Dept. of Labor Bureau of Labor Statistics –...

Big Chicago banks have confidence in "recovery"

You’ll remember that, in June, we alerted you that the acquisition by Harris Bank (or more properly, by its parent company, BMO Financial of...

Are we in an economic recovery... or not?

The almost 600,000 officially unemployed persons in Illinois wake up each day wondering when they will find a worthwhile job. They suffer varying...

Congress Stiffs the Unemployed

In an astonishing show of Washington callousness, Republicans in Congress have blocked extension of unemployment benefits for 2.5 million American...

U.S. productivity surges at fastest pace in six years

According to Reuters, the U.S. output per worker rose at its fastest pace in six years during the second quarter. Businesses have streamlined their...