Americans cut back on their spending in June for the first time in nearly two years and their incomes grew by the smallest amount in nine months, a troubling sign for an economy that is barely growing.The Commerce Department says consumer spending dropped 0.2 percent in June.
To find out more about female veterans, Eight Forty-Eight turned to Larkin Ray Harris; Harris is a Navy veteran set to direct a study for the National Center on Family Homelessness about unemployment among female veterans in Chicago.
State officials say unemployment in all 12 Illinois metro areas dropped in May, and all but three of those regions added jobs or were unchanged. The Illinois Department of Employment Security put out its monthly metro and county-level unemployment stats today.
Austan Goolsbee, a longtime advisor to President Barack Obama, will resign his post as chairman of the Council of Economic Advisors this summer to return to teaching at the University of Chicago Graduate School of Business, the White House announced Tuesday. Goolsbee has been the face of the Wh
Each week on Venture, we trek out into the local business scene to see how wider economic trends are playing out on the micro-level. This week, we'll get unemployment rates for cities across Illinois.The state's been slowly adding jobs again, but the gains aren't spread evenly.