Plan for Economic Growth and Jobs News
What nerd hasn't come home from San Diego Comic Con or Gen Con and not yearned for more? What geek doesn't go to their local bar and wish longingly to be able to geek out with their friends only to find music blasting at unreasonably loud levels, unable to hear anything below a shout, and be surrounded by sports on every TV? Who hasn't wanted a great bar where they can find friendships or more with people that they actually relate to and have common passions?
Could private dollars provide the key to building innovative, efficient infrastructure in Chicago? We chat with Stephen Beitler, the new head of the city's controversial Infrastructure Trust on Chicago Tonight.
If the national economy isn’t stimulating enough jobs for millions, how can mayors, business and other metro-area leaders figure out routes to decent-paying jobs for more of their people?
The Economist Information Group recently released a study that projects Chicago is on track to become one of the 10 most economically competitive cities in the world.This is an important affirmation of where Chicago stands in the world economy and the efforts, led by Mayor Rahm Emanuel, to make Chicago into a more global city.
As Kickstarter has grown over the past few years into the Internet's go-to crowdfunding platform, it's been tempting to try to apply the model to anything and everything in need of cash – to products, places, programs, public parks, potholes, you name it. But the concept has some clear limitations when implemented at the urban scale.
Yesterday, the City of Chicago announced a curated Kickstarter page called Seed Chicago to feature projects that create jobs and improve Chicago’s economy.
Mayor Emanuel announced today that $1.25 million in recovered TIF funds will be used to create new state-of-the-art advanced manufacturing programs at Austin Polytechnical Academy, to train the workforce in Chicago’s neighborhoods and grow opportunity for the future of Chicago’s economy.
Manufacturing is crucial to metropolitan Chicago’s economy. Chicago ranks first among all metro areas in the U.S. in terms of manufacturing employment and output in electrical equipment, fabricated metals, food, plastics and rubber products, and primary metal sectors.
The Plan, released in March of 2012, is the product of a cross-functional representative partnership to develop a coordinated approach to economic development that allows for the public and private sectors to better align their interests and actions. The Plan is divided into five chapters discussing the region’s foundations for growth, the current local economy, the opportunities for success and the outline of the institutional and regional structures that are needed to support this effort.
The Chicago region, with its skilled-but-aging metal-bending workforce and matchless transportation infrastructure, has clung stubbornly to high value-added enterprises such as computer-assisted machine tooling. We still make the machines that make the machines.