Articles filed under Economy
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Gains in private sector union membership show a labor revival is possibleSep 01, 2024 5:45 am - On this Labor Day, unions in Illinois are organizing new industries and boosting job quality despite dealing with an economy in transition and persistent legal and politi...
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Time for the Fed to cut interest ratesAug 11, 2024 6:02 am - While the Fed’s initial decision to hike interest rates was a policy intervention designed to slow inflation, a decision to keep rates high creates real headwinds for the housing market
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South suburban airport could bring over $1 billion in economic activity, per reportAug 08, 2024 12:36 pm - A new airport in Chicago’s far south suburbs could bring thousands of jobs and a $1 billion economic impact, according to a new report, but state and local officials expr...
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U.S. added just 114,000 jobs in July, unemployment rate hits 4.3% as interest rates take economic tollAug 02, 2024 8:24 am - U.S. hiring decelerated sharply last month in the face of high interest rates as employers added an unexpectedly weak 114,000 jobs.
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Cleared-for-takeoff O’Hare modernization program will boost our economyMay 19, 2024 6:00 am - O’Hare International Airport is critical to the competitive strength of our businesses and the productivity of our workers. O’Hare is the “most connected airport” in the ...
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The number of Americans applying for jobless benefits holds steady as labor market remains strongApr 18, 2024 7:56 am - The number of Americans filing for jobless benefits didn't change last week as the labor market continues to defy efforts by the Federal Reserve to cool hiring. The Labor...
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Drowning in IRS minutia despite so-called ‘easier’ taxes? Here are some tipsApr 11, 2024 7:22 pm - Given that Congress simplified income taxes in 2018, why do basics, such as claiming a child tax credit, open up a rabbit hole of schedules and work sheets? “I always chu...
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Applications for US unemployment benefits dip to 210,000 in strong job marketMar 28, 2024 8:24 am - NEW YORK — The number of Americans signing up for unemployment benefits fell slightly last week, another sign that the labor market remains strong and most workers enjoy ...
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More Americans apply for unemployment benefits but layoffs still historically lowFeb 01, 2024 7:59 am - The number of Americans filing for jobless benefits rose last week to the highest level in 11 weeks, though layoffs remain at historically low levels. Applications for un...
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US applications for unemployment benefits fall again as job market continues to show strengthJan 04, 2024 8:21 am - The number of Americans applying for unemployment benefits fell last week as the labor market continues to show resilience despite elevated interest rates. Jobless claims...