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New contract covers 3,000 Chicago hotel workers

Chicago Sun-Times | Employees of Starwood Hotels in Chicago have ratified a contract that raises wages for the next two years. The deal covers 1,200 workers at the Sheraton, Westin Michigan Avenue, Westin River North, W Lakeshore, W City Center and Tremont hotels and another 2,000 at hotels whose contracts pattern the Sheraton’s. The employees, represented by Unite Here Local 1, have been working without a contract since August 2009.

‘Overwhelming’ number turn out for 800 McJobs

Thousands of Chicagoans flooded McDonald’s stores Tuesday, hoping to land one of 800 local McJobs.

The hiring day culminated a weeks-long advertising and public-relations campaign for the burger giant’s plans to hire 50,000 store-level employees nationwide. Get the full story »

McDonald’s makes push to hire 50,000 today

Along with the Big Breakfast and Big Macs, McDonald’s Corp. has 50,000 new jobs on its national menu today.

Fifteen-hundred of those jobs are being offered in the Chicago area. Jobs to be offered in the U.S. range from restaurant crew to salaried management. Get the full story »

Poll: US economy improving despite global events

Economists say the U.S. economy is gaining strength despite political unrest in North Africa and the Middle East and last month’s devastating earthquake and tsunami in Japan. Get the full story »

Illinois jobless rate dips to 8.8% in March

Illinois’ unemployment rate fell to 8.8 percent in March, improving for the 14th consecutive month, the Illinois Department of Employment Security said Thursday.

The March rate was down one-tenth of a percentage point from February and is the lowest jobless rate since February 2009, when it was 8.6 percent. Get the full story »

American Girl cuts jobs in Wis., Calif.

American Girl is cutting staff. Eleven jobs were eliminated Tuesday in Wisconsin, 13 in Los Angeles, and more positions could end this summer, spokeswoman Julie Parks said. There were no layoffs in Chicago, the company said. Get the full story »

Cisco to cut 500, close Flip video camera unit

Cisco Systems Inc will cut 550 jobs and shut down its Flip camera business in an overhaul of its troubled consumer products, following chief John Chambers’ recent admission that the company had lost its way. Get the full story »

Illinois businesses to see tax increase in 2012

Starting next year, Illinois businesses will see a tax increase and the recently unemployed will lose a week of jobless benefits, according to a compromise bill passed earlier this month in the Illinois Legislature. Get the full story »

Hiring momentum builds, expected to continue

A year ago, a false start in business hiring came to a sudden end when the economy started to slow. But experts believe the nascent hiring boom has a better chance of weathering the economic headwinds this time around. Get the full story »

Wells Fargo cuts 1,900 jobs as refinancings slow

Wells Fargo & Co said on Thursday it is shedding about 1,900 jobs, or less than 1 percent of its total workforce, as mortgage refinancings slow. Get the full story »

Sears, J. C. Penney among firms cutting Ill. jobs

From Crain’s Chicago Business | Hoffman Estates-based Sears Holdings Corp. is closing a St. Charles store and laying off workers, making the retailer one of six Illinois companies planning a total of 505 job cuts in coming months. Meanwhile, J.C. Penney Co. said it will close its store at Springhill Mall in West Dundee in June, leaving 139 employees without jobs.

Jobless rates fall in more than 75% of metro areas

Unemployment rates are falling in most metro areas across the country, suggesting that recent nationwide gains in hiring are widespread and not limited to a few healthy regions. Get the full story »

McDonald’s to hire 50,000 in April

To nab the attention of top-flight job candidates, McDonald’s is tackling the image of a “McJob” with a weeks-long advertising and public-relations campaign leading up to April 19, when McDonald’s Corp. plans to hire 50,000 store-level employees.

U.S. jobless rate falls to 8.8%, a 2-year low

An applicant at a Chicago area job fair. (Tribune)

The unemployment rate fell to a two-year low of 8.8 percent in March and companies added workers at the fastest two-month pace since before the recession began.

The Labor Department says the economy added 216,000 new jobs last month, offsetting layoffs a local governments. Factories, retailers, education, health care and an array of professional and financial services expanded payrolls. Get the full story »

Illinois paces decline in latest initial jobless claims

The number of U.S. workers filing new claims for unemployment benefits fell slightly last week, indicating the jobs market continues to gradually recover. Get the full story »