Mayor Daley said this week that the economy in Chicago is the worst that he's seen since becoming mayor.
You'd never guess this judging by the article about "demographic inversion" published in the New Republic by Alan Ehrenhalt . The author prints a lot of anecdotal evidence about on-going gentrification he witnesses in his hometown but unfortunately offers precious few statistics about job growth.
The vacancy rate for industrial real estate in the Chicago area recently climbed to its highest level in 14 years. The governor also called violence in the city "out of control."
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