Not too hot, not too cold. But not, alas, just right.
The economy added a healthy 223,000 jobs last month, the Labor Department reported Thursday, but with other indicators showing wages flat and many Americans remaining on the sidelines, the overall economic picture for workers was not nearly as bright.
Although the unemployment rate fell to 5.3 percent, the lowest in seven years, that was driven largely by an exodus from the work force, rather than more people finding jobs. Moreover, the strong payroll gains for April and May, which had led many analysts to conclude that the economy might finally be gaining momentum, were revised downward by 60,000 jobs.
Categories: Local Issues, State Issues, National Issues
Tags: Barack Obama, Employment, Jobs
The state won’t decide until at least late January whether to temporarily shut down a controversial railroad crossing in Elwood despite opposition from CenterPoint Properties, the developer of two nearby intermodals.
A series of Illinois Commerce Commission hearings concerning safety at the Walter Strawn Drive railroad crossing wrapped up this week in Chicago.
Categories: Local Issues
Tags: Will County, Wilmington, Elwood, Joliet, Infrastructure, Jobs
It has been a busy time at Workforce Services Division of Will County as a record number of job opportunities have been posted on WSD's job board.
"It's a very busy time right now," said Scott Kettman, Business Services/Special Projects Supervisor at WSD. "Which is an awesome thing for job seekers."
During the last full week in September, the agency's job board hit a record number of postings with the number of listings hovering around 250-plus. "Many postings need multiple people," Kettman said. "Some postings can mean 100 open positions.
Tags: Employment, Jobs
Some of America's leanest manufacturers share a fat secret.
Companies like Whirlpool and Caterpillar are making costly additions to their otherwise sinewy supply chains to compensate for aging U.S. roads that are too potholed and congested for "just in time" delivery.
Some opt to keep more trucks and inventory on the road. Others are leasing huge "just in case" warehouses and guarded parking lots on the edges of big cities. All that activity raises costs, which are expected to increase even more if roads are allowed to deteriorate further and an improving economy boosts traffic.
Tags: Transportation, Infrastructure, Jobs