Articles filed under Economy
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Changing the narrative: Out-of-state businesses are buying Illinois' sales pitch
May 1, 2022 6:00 AM - Intersect Illinois -- a group formed in 2016 by then Gov. Bruce Rauner that counts many of Illinois' biggest and best-known corporations as funders -- is telling Illinois' story to out-of-state businesses in hopes they will move here. Many of them like what they hear.
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Employees take the lead in historically competitive talent poolMar 30, 2022 1:26 PM - Employees are driving the most significant change in the workplace as a result of what some are calling The Great Resignation or the Great Reevaluation, the biggest employment transformation since the Great Depression.
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US slashes Russia trade status, bans alcohol and seafood
Mar 11, 2022 2:49 PM - President Joe Biden announced Friday the U.S. will dramatically downgrade its trade status with Russia as punishment for its invasion of Ukraine and also ban imports of Russian seafood, alcohol and diamonds.
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Libertyville District 70 seeking 'floater' registered nurse to assist at schoolsJan 27, 2022 5:01 PM - Libertyville Elementary District 70 is looking for a registered nurse to work as a "floater" in schools to help with day-to-day functions and implement COVID protocols.
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U.S. jobless claims rise by 23,000 to 230,000
Jan 13, 2022 8:22 AM - The number of Americans applying for unemployment benefits rose last week to the highest level since mid-November, but still low by historic standards. U.S. jobless claims climbed by 23,000 last week to 230,000. The four-week moving average, which smooths out week-to-week blips, was up nearly 6,300 to almost 211,000.
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US inflation soared 7% in past year, the most since 1982
Jan 12, 2022 9:03 AM - Inflation jumped in December at its fastest year-over-year pace in nearly four decades, surging 7% and raising costs for consumers, offsetting recent wage gains and heightening pressure on President Joe Biden and the Federal Reserve to address what is increasingly Americans' central economic concern.
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How College of DuPage aids local economic developmentDec 17, 2021 11:36 AM - According to the recent Illinois Community College Economic Impacts and Student Employment Outcomes report prepared by the Northern Illinois University Center for Governmental Studies, the indirect economic impact of the state's 48 community colleges was $3.5 billion in 2020. Regionally, this impact is best exemplified in DuPage County through the successes of students who attended College of DuPage.
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US consumer inflation up 6.8% in past year, most since 1982
Dec 10, 2021 8:54 AM - Prices for U.S. consumers jumped 6.8% in November compared with a year earlier as surging costs for food, energy, housing and other items left Americans enduring their highest annual inflation rate in 39 years.
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Survey: Americans with medical debt more worried about cost than healthDec 8, 2021 10:35 AM - A new survey from Discover Personal Loans found Americans with medical debt are more anxious about the cost of their medical services than their health; 63% of Americans report that they are anxious about paying for medical debt, compared to 47% who worry about getting better.
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Democrats end deadlock, U.S. House approves $1 trillion infrastructure billNov 5, 2021 11:46 PM - The House approved a $1 trillion package of road and other infrastructure projects late Friday after Democrats resolved a months-long standoff between progressives and moderates, notching a victory that President Joe Biden and his party had become increasingly eager to claim.
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