'huge layoffs' are coming to Chicago

This is still not as bad as NYC.

We've already established that Chicago has higher unemployment AND the entire state is already in a recession AND that there is more crime.

How is it "not as bad"

And don't you have some questions to answer for us???

the wall street layoffs in NYC are MASSIVE and dwarf the number of layoffs in Chicago.

Cracker Boy, did it escape your attention that Daley was too scared to even talk raw numbers or percentages? What does "huge layoffs" mean to you?

You can be quite sure he's talking 15-25% of the total Chicago workforce easily -- and that's down from an unemployment rate that makes Haiti look like a tight labor market.

NYC is gonna lose 100,000 jobs, maybe even more, before the economy recovers. No U.S. city is getting hurt more by the financial crisis than NYC. Maybe Detroit can give it a run for the money.

And how many more jobs is Chicago going to lose? You're more delusional even than you're understood to be if you think the raw numbers aren't going to exceed New York's -- and of course from a much smaller starting base.

Chicago's done for.

"General Growth" indeed!

Chicago is not entirely dependent on just one sector, like NYC.

And once it wins the olympics bid, numerous new jobs will be created. And even more nice buildings will go up.

Just think rufie, maybe you can get a job selling hot dogs at the 2012 olympics??? Better start revising your resume now ...

NYC is so strongly the worldwide anchor for non-FIRE industries that the global name for each is the street it's on. So just as people speak of "Wall Street", they say "Seventh Avenue" to mean fashion, "Madison Avenue" to mean advertising, "Fifth Avenue" to mean high-end retail.

Chicago?
General Growth? -- generally quite the opposite
McDonald's? -- in the burbs
Sears? -- in the burbs and dying
Trib? -- dying
Miracle Mile? It's a miracle the sidewalks don't buckle under the weight of all those hogs.
And that's about it.

Hot dogs! Get your hot dogs!!

with the financial crisis, all those high-end retail stores on fifth avenue and soho are struggling. they're having a hard time staying in business.

Then I guess all the shoppers will flock to Chicago to go to Marshall Fields. Oh no, wait -- they already went bankrupt, like the rest of Chicago. Then maybe the grand Carson Pirie Scott on State Street (that great street) ... nope, shuttered for good. Very sad. Good. Very sad.

alanhart, i know you barely go out, but try walking around in the city on a weekend night. The restaurants, clubs, bars, and stores, are not as nearly as full and active as they were last year.

Chicago has a higher murder rate than the number of soldiers killed in Iraq. END OF STORY. You lose Rufus.