Illinois House Speaker Michael Madigan said he has told the governor he is open to discussing shifting state budget money to avoid numerous layoffs and closing state facilities.The Chicago Tribune reports that Madigan said the House intends to keep the spending limits it adopted for the bud
Union leaders say they have found ways to save Chicago about $242 million that will also save the jobs of as many as 625 workers who Mayor Rahm Emanuel plans to lay off.On Tuesday, union leaders said they'd delivered a report to Emanuel's office that takes aim at a bloated middle mana
Chicago Mayor Rahm Emanuel announced Friday he's laying off up to 625 city workers, after labor leaders blew a Friday deadline to come up with a list of cost-saving measures in order to avoid pink slips."I took the steps because I cannot wish away this budget shortfall," Emanuel said.
Hundreds of city workers will avoid being laid off for the time being, as Chicago Mayor Rahm Emanuel on Friday announced $20 million dollars in cost saving measures after a labor concession agreement was allowed to lapse.Emanuel ordered a partial hiring freeze and said seven city-run health clinics
Chicago’s new Board of Education will convene for the first time Wednesday to address a hot topic: whether the district can afford $100 million in raises scheduled for unionized employees.Less than four years ago, it was Chicago Public Schools that pushed the Chicago Teachers Union for an agreement
Cook County is slashing the nursing staffs at two of its hospitals. The cuts have been in the works for a while, but frustrated nurses are talking strike. Provident and Oak Forest hospitals will be losing about 60 percent of their nursing positions – 138 in total.
This recession has witnessed the return of the piggy bank, the money-filled shoebox, the savings account. With employment dipping and credit tightening, people are not terribly keen to spend terribly much. So how are retailers going to wrestle away money from the hoarding hordes?