Economy
News that Target would shutter two South Side stores in February 2018 prompted deep outrage — especially since the big box retailer was in the process of opening a new store on the Far Northwest Side in a new strip mall that was getting a $13 million subsidy.
Thursday's report from the Labor Department showed that jobless claims rose by 9,000 from the previous week. Though the pace of layoffs has eased since the year began, they remain high by historical standards.
With the floodgates set to open on another round of unemployment aid, states are being hammered with a new wave of fraud as they scramble to update security systems and block scammers who already have siphoned billions of dollars from pandemic-related jobless programs.
How Chicago’s day laborers, many of whom are undocumented, are finding — and not finding — work during the coronavirus pandemic.
The House approved a $1.9 trillion pandemic relief bill in a win for President Joe Biden, even as top Democrats tried assuring agitated progressives that they’d revive their derailed drive to boost the minimum wage.
The House passed a $1.9 trillion pandemic relief package early Saturday, 219-212, that includes $1,400 checks for most Americans and billions of dollars for schools, state and local governments and businesses.
As restaurants in Greektown work to recover from the coronavirus pandemic and its restrictions, the neighborhood is hosting its inaugural Greektown Restaurant Week.
Applications for benefits declined 111,000 from the previous week to a seasonally adjusted 730,000, the Labor Department said Thursday. It is the lowest figure since late November.
Children who would have received free or reduced-price meals under the National School Lunch Program if their schools were not closed or operating with reduced hours are eligible for the benefits.
Federal Reserve Chair Jerome Powell underscored the U.S. economy’s ongoing weakness Tuesday in remarks that suggested that the Fed sees no need to alter its ultra-low interest rate policies anytime soon.
The latest COVID-19 relief bill could come up for a vote in Congress as early as next week, but a key Democratic priority might be on the chopping block. We explore the potential impact of raising the minimum wage.
This month’s deep freeze has left Chicago’s homeless residents in deadly peril. But housing insecurity is not just an extreme-weather problem, some advocates say, and the city needs to take a bolder approach to housing policy.
Mayor Lori Lightfoot fired back Friday at critics who blasted her for using $281.5 million in COVID-19 federal relief funds to cover the cost of salaries and benefits for Chicago Police Department officers. “Criticism comes with the job of mayor but this one’s just dumb,” Lightfoot said.
The industrial community once marked by steel mills is now lined with other plants, and the proposed opening of a metal scrapping company has become a point of controversy on the Southeast Side and across the city.
Before the virus erupted in the United States last March, weekly applications for unemployment benefits had never topped 700,000, even during the Great Recession of 2008-2009.
The lack of affordable and nutritious food in North Chicago has made the city a food desert, but soon it'll get its first full-service grocery store in 20 years.