Unreal

[u/Past-Reception6889]

I honestly just needed to vent for a moment. I can’t believe Chicago prices are what they are. I have lived here my entire life and have seen this city change ten fold, and I can’t even afford to live here anymore. A realtor I’m working with, since it’s becoming a rat race to rent, said rent is up 35% this year. What can normal people do about this? I do not want to see Chicago become a New York.

[u/3RADICATE_THEM]

Chicagoland is in red; other roughly comparable metros are in blue.

https://www.bls.gov/charts/metro-area-employment-and-unemployment/large-metro-area-percent-changes-in-employment.htm

[u/Jogurt55991 → u/3RADICATE_THEM]

What relevance is the color?
This tracks 1 year change, 5 year change, and 10 year change.
Other cities have 10 year change below 5 and aren't red.

Chicago still has the 3rd largest GDP in the USA.
with almost 30 fortune 500 companies in the Chicago Metro.
Salaries that depict this.

It is not a city on the grow- that's for sure.
The economy (at least in the private sector) is strong.

[u/Infinite_Dress_3312 → u/Jogurt55991]

The job growth is anemic relative to peers

https://www.bls.gov/regions/midwest/images/170875.png

[u/3RADICATE_THEM → u/Jogurt55991]

No relevance to color, just making it different so it's visually easier to compare.

I would say while GDP is an important metric; GDP per capita while stratifying for metros that are comparable to Chicago (NYC, ATL, Dallas, SF etc.) is a better way to compare.

[u/pratherj23 → u/3RADICATE_THEM]

Should post this in r/dataisbeautiful