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Economy
Quick Hit
by Ashlee Rezin
3:28pm
Thu Apr 25

Supportive Housing For Veterans Coming To Chicago's Englewood Neighborhood (VIDEO)

By the end of June 2014, more than two acres of vacant land in Chicago’s South Side Englewood neighborhood will be transformed into an affordable housing development with services for veterans and their families.

Gov. Pat Quinn and Ald. JoAnn Thompson (16th) announced the new housing facility, called Hope Manor II, at a breaking ground ceremony today.

“As people of America, we have a profound debt of gratitude to the men and women who answer the call to duty and volunteer for our military, they are our heroes and always will be,” said Quinn.

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Quick Hit
by Ashlee Rezin
12:58pm
Thu Apr 25

Illinois Ranked As A Leader In Biotechnology, Report Finds

Illinois has been ranked as a leader in the nation’s biotechnology industry, and is located in the heart of the most thriving bioscience region in the U.S., according to a recent report.

“Biotechnology is a major growing and fundamental sector within the state of Illinois and the economic contribution and growth potential is extremely strong,” said Bruce Fouke, professor of Geology and Microbiology and director of the Roy J. Carver Biotechnology Center at the University of Illinois at Urbana-Champaign

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Quick Hit
by Ellyn Fortino
11:44am
Thu Apr 25

Voices For Illinois Children Discusses Quinn's Proposed Budget, Offers Revenue Solutions

With a little more than a month remaining in the spring legislative session in Springfield, advocates for Illinois children say it's important to understand the factors driving the state's fiscal year 2014 budget debate and what can be done to help avoid damaging cuts to education and other critical programs.

David Lloyd, senior policy analyst with the Fiscal Policy Center at Voices for Illinois Children, told advocates on a web conference call this week that maintaining funding for their priorities depends on a sustainable state budget that raises necessary revenues.

“These are difficult choices, but I think eventually the math wins," Lloyd said. "Without additional revenues to pay the liabilities such as pensions and Medicaid, Illinois will be forced to cut other programs. There’s just no other way around it."

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PI Original
by Ashlee Rezin
10:34am
Thu Apr 25

Hundreds Strike For Higher Wages In Chicago's Fast Food And Retail Industries (VIDEO)

It’s impossible to survive on $8.75 per hour, says Latasha Anderson, 31, an employee of Macy’s on Michigan Ave. in downtown Chicago. She was one of three retail associates from her store to participate yesterday in a citywide fast food and retail workers’ strike that prompted hundreds of employees to walk off the job.