Articles filed under Economy
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US employers add a solid 199,000 jobs and unemployment falls, signaling a still-sturdy labor marketDec 11, 2023 6:42 am - WASHINGTON (AP) - The nation's employers added a solid 199,000 jobs last month and the unemployment rate fell, fresh signs that the economy could achieve an elusive "sof...
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Filings for jobless claims tick up modestly, continuing claims fallDec 08, 2023 8:47 am - U.S. applications for jobless benefits ticked up last week, but the overall number of people in the U.S. collecting unemployment benefits fell after hitting its highest ...
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Manzo: A child tax credit can reduce child poverty and grow Illinois' economyDec 08, 2023 7:19 am - As we approach the holiday season and the end of year, there is much good news for the economy. The U.S. economy grew by more than 5% annualized last quarter. Wages are ...
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Fed's Powell notes inflation is easing but downplays discussion of interest rate cutsDec 03, 2023 7:37 am - WASHINGTON - Inflation is slowing steadily, but it's too early to declare victory or to discuss when the Federal Reserve might cut interest rates, Chair Jerome Powell sa...
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The world economy will slow next year because of inflation, high rates and war, OECD saysNov 30, 2023 7:04 am - WASHINGTON (AP) - The global economy, which has proved surprisingly resilient this year, is expected to falter next year under the strain of wars, still-elevated inflati...
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Pritzker promises transit fix, talks migrant housing and praises Biden at forumNov 30, 2023 5:52 am - The state and other stakeholders will resolve a looming $730 million annual shortfall facing Metra, Pace and the CTA in 2026, Gov. J.B. Pritzker said Monday. The funding...
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How are area employers approaching work from home?Nov 28, 2023 8:07 am - As big companies like Amazon and Apple come under fire for requiring their workers to come back to the office many smaller employers in this area - like most employers a...
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U.S. unemployment claims drop by 24,000 to 209,000, another sign of labor market resiliencyNov 25, 2023 6:32 am - EDITOR'S NOTE: The Associated Press is publishing an updated visual analysis of the Oct. 17 explosion at Gaza's Al-Ahli Hospital. The AP initially assessed that the ...
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Biden signs a bill averting a government shutdown for now, with Israel and Ukraine aid still stalledNov 19, 2023 7:11 am - SAN FRANCISCO (AP) - President Joe Biden signed a temporary spending bill a day before a potential government shutdown, pushing a fight with congressional Republicans ov...
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U.S. applications for jobless claims rise as labor market begins to show some signs of coolingNov 17, 2023 6:35 am - More Americans filed for jobless claims last week and while the labor market remains broadly healthy, there are growing signs that it may finally be cooling. Application...