Chicago Economy

Olympics Loss Puts Daley On Defensive And Chicago Plans In Limbo

AP | DEANNA BELLANDI | Posted 10.03.2009 | Chicago


CHICAGO — Chicago's dream of an Olympics-sized stimulus was dashed when the 2016 Summer Games were awarded to Rio de Janeiro, and the loss amoun...

Chicago-Area Job Losses Rise, Highest Since '04

Crain's Chicago Business | Moneè Fields-White | Posted 02.06.2009 | Chicago


Companies throughout the Chicago area reduced their payrolls in November by the most jobs in more than four years, government figures released Tuesday...

Chicago-Area Jobless Rate Now 6.9%

Crain's Chicago Business | Lorene Yue | Posted 12.27.2008 | Chicago


The jobless rate for metropolitan Chicago rose in October to 6.9%, according to figures released Wednesday. The Illinois Department of Employment Sec...

Area Jobless Rate Slightly Lower

Crain's Chicago Business | Lorene Yue | Posted 11.23.2008 | Chicago


The Chicago-area jobless rate fell in September, remaining above the national average but below statewide levels. The September unemployment rate for...

Daley Defends Budget Cuts

Chicago Sun-Times | Fran Spielman | Posted 11.21.2008 | Chicago


Ignoring sniping from all sides, Mayor Daley said today he's not about to soften the cuts in his tough-times 2009 budget because there's no money to p...

Economy Is Voters Biggest Concern: Tribune Poll

Chicago Tribune | Rick Pearson | Posted 11.21.2008 | Chicago


For Brian Gerber of Wheeling, the economic anxiety afflicting a nation lumbering toward Election Day gained a very human face last week, and it was a ...

Ford To Cut 800 Chicago Jobs

ABC 7 | Posted 11.07.2008 | Chicago


CHICAGO (WLS) -- There will be more layoffs at an auto plant on Chicago's Far South Side. Ford plans to cut nearly 800 jobs at its factory at 103rd an...

Illinois Can't Pay Mounting Bills

Southtown Star | Doug Finke | Posted 11.06.2008 | Chicago


Illinois finished the first three months of its budget year in some of its worst financial shape ever, with a mountain of unpaid bills and record dela...