12,296
The number of jobs lost in the Loop between 2002 and 2008. The bulk of those losses were felt by people living in predominately African-American communities.
94%
The percentage of Loop jobs that were lost by Chicagoans.
$40,000
Suburban commuters from Will County outpaced residents from 23 predominantly black Chicago communities combined when it came to snagging Loop jobs paying more than $40,000 a year.
52%
The percentage of Loop jobs lost by residents living in the 6th ward and a handful of neighboring South Side communities.
$1.2 billion
Property tax dollars diverted from the city’s budget, parks, schools and other local taxing bodies to prime economic development in the Loop and the Near South Side from 2004 through 2008.
2
The number of Chicago’s 77 community areas that accounted for 55 percent of all TIF money spent from 2002 through 2008.
0
The number of jobs gained in 44 of the city’s 77 community areas between 2002 and 2008.
11%
The percentage of TIF money spent in neighborhoods riddled with blight–”including Chicago Lawn, Roseland and Woodlawn–”during the latter half of the decade.
20%
One-fifth of the $520 million collected in TIF accounts last year was generated from just four downtown-area TIF districts. There are 158 TIF districts citywide.
35%
The growth rate of jobs paying less than $15,000 on the Near South Side in 2008 compared with six years earlier. Citywide, the number of lowest-paying jobs fell by 14 percent.
$11.03
6th Ward Alderman Freddrenna Lyle proposed an ordinance requiring businesses that receive more than $250,000 in public subsidies to pay their workers at least $11.03 an hour. The Chicago City Council shelved the initiative after Wal-Mart Stores Inc. agreed to pay its workers $8.75 an hour, 50 cents above Illinois’ minimum wage.
29%
The percentage of full-time workers living in Englewood, West Englewood and Auburn Gresham who received food stamps in 2008.
Sources: U.S. Census, Chicago Department of Community Development, Cook County Clerk, Illinois Department of Revenue; analyzed by The Chicago Reporter
