The CBO projected that an average of 521,000 jobs will be added monthly this year, a pace that would fall to 145,000 in 2022.

As the city begins to stir from its COVID-19 slumber, we talk with local journalists about how the reopening is impacting Latino communities.

Another bout of selling gripped the U.S. stock market Friday, as anxiety mounts over whether the frenzy behind a swift, meteoric rise in GameStop and a handful of other stocks will damage Wall Street overall.

The Northwest Side community of Jefferson Park is known as the gateway to Chicago, in part because it’s a transit hub. The area’s thought of by some as typical “bungalow belt” Chicago. It’s predominantly middle class, but recently there’s been an uptick in homelessness. 

The struggling video game retailer’s stock has been making stupefying moves this month, wild enough to raise concerns from professional investors on Wall Street to the hallways of regulators and the White House in Washington. 

GameStop stock has rocketed from below $20 earlier this month to close around $350 Wednesday as a volunteer army of investors on social media challenged big institutions who had placed market bets that the stock would fall.

Thursday's report from the government estimated that the nation's gross domestic product — its total output of goods and services — slowed sharply in the October-December quarter from a record 33.4% surge in the July-September quarter.

Last week’s claims dropped by 67,000, from 914,000 the week before, the Labor Department said Thursday. Before the virus hit the United States hard last March, weekly applications for jobless aid had never topped 700,000.

Artists are calling on the Biden administration to provide economic relief to the arts sector through a proposal called the DAWN Act — that stands for Defend Arts Workers Now — that was co-organized by Chicago playwright Matthew Lee-Erlbach.

Indoor dining and drinking is again allowed at bars and restaurants in Chicago and Cook County. The move could bring businesses much-needed cash during the pandemic, but some in the industry think the risks outweigh the benefits.

The Loop has been eerily quiet over the past year. COVID-19 has forced thousands of downtown office workers to stay home, while performing arts venues have retreated into hibernation. But many of the Loop’s small businesses and cultural institutions are still kicking. 

President Joe Biden took executive action Friday to speed a stopgap measure of financial relief to millions of Americans affected by the coronavirus pandemic while Congress begins to consider his much larger $1.9 trillion package.

The Southwest Side community is home to many essential workers and has been a hot spot for the coronavirus throughout the pandemic.

The number of distribution centers being built in the Chicago area is on the rise. Supporters say they can create jobs in places that have long faced disinvestment and unemployment. But critics say they aren’t always good jobs.

The Labor Department's report Thursday underscored that President Joe Biden has inherited an economy that faltered this winter as virus cases spiked, cold weather restricted dining and federal rescue aid expired.

A federal judge has permanently banned Illinois’ panhandling law from being enforced on the basis the statute violates the First Amendment. The case was part of a yearlong effort by advocates, including the Chicago Coalition for the Homeless, to eliminate such laws.