- Mayor Daley says by working with philanthropic groups the city is more efficiently using federal stimulus money.
So far Chicago has been awarded more than $1 billion dollars.
The city has applied for an additional $800 million in competitive grants under the program.
- The mayor says under the stimulus program the city has, among other things, completed two street resurfacing projects purchased 39 buses for CTA and created more than 7,000 summer jobs for young people.
- Illinois' jobless rate rose to 10.4 percent in July even though the pace of job losses is slowing.
That's up slightly from 10.3 percent in June.
The Illinois Department of Employment Security released the new figures Thursday. They show the state lost another 13,000 jobs in July, bringing the number of unemployed statewide to 692,500.
Seems Daley is awash in cash. But the unfriendly-to-business atmosphere continues to be a drag on any meaningful recovery.
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