The Congressional Budget Office (CBO) recently projected record-breaking growth in 2021, but it is premature to celebrate this rosy macroeconomic picture. In the same document, the CBO also made an alarming prediction: The U.S. labor market will not fully recover until 2024. Recent U.S. jobs reports reveal the depth of the pandemic-created…

Over two-thirds of all Illinois residents live in Chicago's metropolitan area. The third largest city in the United States and also the third most economically productive, the Windy City benefits from unrivalled industry diversity. Like any other city, however, Chicago faces the policy challenge of supporting well-paid employment opportunities for…