Under the $5.7 billion budget released by the Chicago Public Schools on Monday, 479 teacher positions are being cut because of declining enrollment at schools.
The debate over whether Chicago should switch to an elected, rather than a mayor-appointed, school board is back in the spotlight.
The cash-strapped Chicago Public Schools (CPS) system is making $1.7 million in cuts to its executive budget, which will include some executive layoffs.
Amazon.com announced Monday it will be opening a warehouse in Joliet that is expected to create 1,000 new full-time jobs.
Former Illinois Republican Gov. Jim Edgar says Gov. Bruce Rauner should zero in on getting a state budget adopted and let up on his pro-business, anti-union policy agenda — at least for now.
The $400,000 exit bonus being given to outgoing University of Illinois Urbana-Champaign Chancellor Phyllis Wise is raising eyebrows.
The Chicago Public Schools has taken a one-year teachers' contract proposal off the table, and now plans to pursue a longer labor agreement with the Chicago Teachers Union.
The U.S. unemployment remained at 5.3 percent in July, and the economy added 215,000 jobs last month, according to the Labor Department.
The number of Americans who applied for unemployment insurance benefits rose by 3,000 last week, according to the Labor Department.