Austan Goolsbee

Unemployment Line

Report: Chicago’s Unemployment Rate Shrinking Fastest, But Still Nation’s 3rd Worst

A new report touted by Mayor Rahm Emanuel says Chicago’s unemployment rate is shrinking faster than that of any major city – even though it is still the third highest in the nation.

CBS Chicago–07/18/2012

Austan Goolsbee, Chairman of the Council of Economic Advisers; file (SAUL LOEB/AFP/Getty Images)

Obama Economic Adviser Quits White House To Return To U Of C

Austan D. Goolsbee, Chairman of the President’s Council of Economic Advisers, will return to Chicago in time for the upcoming school year, a release from the White House said.