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Chicago laying off 500 teachers

from CNN Money

The Chicago Public School system is laying off nearly 500 teachers and just over 1,000 support staff as it responds to a budget crisis it says is caused by increasing pension costs and declining state aid. Many of the affected teachers teach at schools with declining enrollments. That's why about 60 percent of the teachers who are being laid off are expected to be rehired before the start of the school year, since the district has fill 1,450 teacher openings at other schools. more

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