(IRN)
LAGGING GROWTH – Small business growth lags in the Land of Lincoln according to a recent report by Paychex, which puts Illinois last in hourly and weekly wage growth among small businesses. Illinois Chamber of Commerce President and CEO Todd Maisch (MY-sh) said a preliminary impression of the data suggests Illinois’ reaction to the pandemic may be to blame.
HONOR FLIGHTS CANCELED – Flights to take veterans of foreign wars of advanced age to Washington D.C. to visit memorials in their honor have been canceled for this year. The Land of Lincoln Honor Flight organization hoped to continue flights in October, but travel restrictions in the air and on the ground by bus will make it more difficult for the aging population. Similar groups have canceled flights out of Chicago through the year, but other states’ groups are continuing their flights.
CHICAGO FINANCES – Despite an influx of federal taxpayer dollars going to the city of Chicago during the COVID-19 pandemic, an analysis of the city’s finances by Truth In Accounting said the city’s position worsened. The city saw federal funds of nearly $1.2 billion during the previous fiscal year. But the city’s debts continued to increase, the group says. By Truth In Accounting’s review, the city needs $38.7 billion to pay its bills.
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