U.S. employers added 187,000 jobs last month, fewer than expected. But the unemployment rate dipped to 3.5% in a sign that the job market remains resilient.
Some 800,000 Illinoisans are working in temporary jobs, according to industry estimates. That number has more than doubled over the last two decades.
New figures provided the latest signs that the Federal Reserve’s drive to tame inflation may succeed without triggering a recession, an outcome known as a “soft landing.”
The last time the Bureau of Labor Statistics officially tracked workers with alternate job arrangements was 2017. But workplace experts say the number of gig workers is growing and their impact is being felt throughout the economy. It could even be distorting government economic data.
On Friday, Pritzker was in Joliet where he joined other elected officials and local dignitaries to celebrate the grand opening of a new Lion Electric assembly plant, the first new automotive factory in the greater Chicago area since 1965.
Taken together, the two proposals are likely to form the foundation of Mayor Brandon Johnson’s agenda when it comes to labor. A former organizer for the Chicago Teachers Union, Johnson enjoyed the unanimous support of Chicago’s progressive labor organizations.
Research shows a correlation between youth unemployment and crime. Mayor Brandon Johnson has made teen employment a public safety priority. He’s pledged to double the number of jobs in the city’s youth employment program.
In recent decades, Illinois has lost a significant portion of its Black population. While a variety of issues have been cited as reasons for Black families to leave the state, a recent study suggests financial equity could also be a consideration.
Mayor Brandon Johnson’s mayoral campaign platform called for an end to the tipped minimum wage, noting that those who rely on tips to earn a living wage are more likely to be Black and Latina women.
It is not clear exactly when Bally’s will be able to open a temporary casino in the century-old Shriner’s temple at 600 N. Wabash Ave., with its distinctive domed ceilings and stained-glass windows. A Chicago landmark since 2001, the temple was most recently home to a Bloomingdale’s furniture store.
The nation’s employers stepped up their hiring in May, adding a robust 339,000 jobs, well above expectations and evidence of enduring strength in an economy that the Federal Reserve is desperately trying to cool.
“This was one of the silver linings to come out of the pandemic,” Ald. Matt Martin (47th Ward) said.
Restaurants, bars and cafes would be allowed to serve customers outdoors permanently under a plan backed by Mayor Brandon Johnson. The plan would make the rules designed to help restaurants stay afloat amid the COVID-19 pandemic an enduring part of Chicago’s food scene.
A study by the Kapor Center and the NAACP finds that between 2014 and 2021, there was only a 1% increase in Black representation within technical roles at large tech companies.
The unemployment rate dipped to 3.4%, matching a 54-year low, the Labor Department said Friday. The jobless rate fell in part, though, because 43,000 people left the labor force, the first drop since November, and were no longer counted as unemployed.
The CTA is still short more than 600 full-time bus and rail operators. As the transit agency tries to reverse service and staffing losses, it’s been putting a big focus on hiring.