Posts tagged "jobs"

Report: Downtown prospers while Chicago’s black, Latino communities slide

Report: Downtown prospers while Chicago’s black, Latino communities slide
Downtown job creation policies have significantly benefited white communities to the exclusion of the city’s black and Latino communities, according to a report released Tuesday by the Grassroots Collaborative, a coalition of Illinois community and labor organizations. The report, “Downtown Prosperity, Neighborhood Neglect: Chicago’s Black and Latino Workers Left Behind,” found that while Chicago taxpayers... Read more »

Make way for Ventra as technology, privatization displace CTA workers

Make way for Ventra as technology, privatization displace CTA workers
The Chicago Transit Authority came out with a big announcement one year ago: the flimsy, plastic transit cards Chicago had come to know, love, and find between the couch cushions would soon be no more. Instead, the CTA and Pace would be issuing a new fare system using personal bank-issued debit and credit cards. Chicago,... Read more »

11 facts on how Chicago is doing with jobs, income, health and poverty

2011 may be so last year, but the facts about how we lived are just rolling in. Here are eleven about Chicago’s economy in 2011.    
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Barbershop preview: The importance of literacy and adult education

Just how important is an education? Pretty important, Nicole Hicks will likely tell you. She displays a copy of her G.E.D. certificate on a dresser in her room to remind her that with determination and tenacity, she can accomplish just about anything. Hicks, 40, recently earned her G.E.D. after dropping out of high school decades... Read more »

Barber Shop Show preview: Should Illinois expand gambling?

Barber Shop Show preview: Should Illinois expand gambling?
If you’re waiting for new casinos to open up in the Prairie State, Governor Quinn has a message for you: “Don’t hold your breath.” Even thought the Illinois general assembly passed a bill that would create five new casinos and allow slot machines at racetracks, it’s not likely to be signed into law. But advocates... Read more »

At the People's Shareholder Meeting, we all are CME shareholders

According to the collection of non-profits that came out in force to protest the annual shareholder meeting of CME Group Inc. Wednesday, I’m a CME shareholder, you’re a CME shareholder and all of their members are CME shareholders. The company, the parent of futures exchanges Chicago Mercantile Exchange and Chicago Board of Trade, was a... Read more »
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Crete: Will a promised economic windfall go to the prison company or to residents?

Crete: Will a promised economic windfall go to the prison company or to residents?
The Village of Crete, Ill., is surprisingly small for a community that sits just 30 minutes south of Chicago’s bustling Loop. The Will County village has fewer than 9,000 residents and a small, but solid, middle-class majority–the median household income is $70,074, according to the 2010 Census. For those residents, a prison that brings an... Read more »

40,000 jobs for 25 cents? A new plan for job growth in Chicago

40,000 jobs for 25 cents? A new plan for job growth in Chicago
If you thought Occupy Wall Street was just a New York thing, think again. Today, a week-long action will start, highlighting some of Chicago’s major problems: high unemployment, lack of affordable housing, and a poor public school system. Stand Up Chicago will bring together thousands of protesters this afternoon, converging on a meeting of the... Read more »

Job training program caters to an emerging group of unemployed

Only in its second year, Chicago Career Tech, a job training program for unemployed Chicagoans, is seeing the number of applicants grow exponentially. Unlike other programs, the nonprofit focuses its services on an emerging group of unemployed: Those who, until recent economic downturn, held a job earning middle-income wages. Since its launch in 2010, roughly... Read more »
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Double-dips, recessions and recoveries

Double-dips, recessions and recoveries
It’s the phrase of the week: “double-dip recession.” A search for those three terms at Google News earlier this afternoon returned 8,150 results. “Auto stocks plummet on double-dip recession fears” went a recent headline in USA Today. “Time to Say It: Double Dip Recession May Be Happening” The New York Times titled a post at... Read more »