Jobs
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.
America’s employers added a substantial 311,000 jobs in February, fewer than January’s huge gain but enough to keep pressure on the Federal Reserve to raise interest rates aggressively to fight inflation.
The job fair, scheduled for 9 a.m. to 3 p.m. at the CTA’s 567 W. Lake St. main office, will give job seekers a chance to attend information sessions on the bus positions and apply on site.
Pay and benefits for America’s workers grew at a healthy but more gradual pace in the final three months of 2022, a third straight slowdown, which could help reassure the Federal Reserve that wage gains won’t fuel higher inflation.
It is the company’s biggest-ever round of layoffs and adds to tens of thousands of other job losses recently announced by Microsoft, Amazon, Facebook parent Meta and other tech companies as they tighten their belts amid a darkening outlook for the industry. Just this month, there have been at least 48,000 job cuts announced by major companies in the sector.
Yet the figures show there are nearly 1.8 jobs for every unemployed person, down from a peak of 2 but historically very high. Before the pandemic, there were usually more unemployed people than jobs.
Bally’s Chicago casino is set to have 3,400 slots and 173 table games in addition to an exhibition hall, 500-room hotel, a 3,000-seat theater and 11 restaurants. The development will include a 2,100-square-foot park and walking path along the river and a three-level underground parking garage, according to the plans released by city officials.
The $1.74 billion proposal still needs the approval of the Illinois Gaming Board, which must license Bally’s to operate the Chicago casino set to be built along the Chicago River near Chicago Avenue and Halsted Street.