Guess which city has had the best employment improvement numbers recently? Heh Heh!
Great news for job hunters. Chicago's job market is doing better than most major cities, according to an independent study released Wednesday.
The University of Chicago report authored by economist Austan Goolsbee shows the city's labor market improved at an impressive rate over last year with May's unemployment rate at 9.8 percent, down from 11.5 percent in May 2011.
It's big news considering the Windy City barely improved for the three previous years, and this time last year Chicago did worse than most major cities when it came to the jobs market.
While 9.8 percent unemployment still marks the third highest rate among big cities, Goolsbee reports the picture has improved since Mayor Rahm Emanuel took office. Since last year, the number of people without jobs dropped more in Chicago any other U.S. big city, according to the study.
Source: http://www.nbcchicago.com/blogs/ward-room/Chicago-Jobs-Unemployment-Rebound-Study-162849846.html#ixzz214xdMQvr
Oh and lots more money going into infrastructure on the south side of the city.