Caterpillar to cut a third of South Milwaukee workforce

The heavy equipment maker announced today it will cut 280 workers at the company's South Milwaukee plant.
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U.S. CEOs slightly more optimistic about hiring, sales

(AP) — Chief executives for the largest U.S. companies are more optimistic about sales over the next six months and plan to add more workers.
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Employers warn state of more than 2,000 possible job cuts

Nineteen Illinois companies announced they may cut more than 2,000 jobs in coming months, according to a state report.
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Best man, or poor man?

If you're planning a wedding and still trying to choose your Best Man, you may want to pick the person who you know can afford it.
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Bill Daley gets in — but does he stay in?

One of the Democrats eyeing Gov. Pat Quinn's job finally makes his move. But Attorney General Lisa Madigan has yet to make hers, and that could change things fast.
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United Steelworkers ratify Caterpillar contract

Workers at South Milwaukee plant had rejected an earlier proposal.
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In brief: Edward to fund $64 million expansion with cash

Also, a lawyer for competing hospitals says Vista Health's Lindenhurst project is not needed to support its Waukegan facilities, and Illinois could see a sizable increase in entrepreneurs in 2014 from President Obama's health reform law.
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Steelworkers set to vote on Caterpillar contract

Caterpillar workers at the South Milwaukee plant are scheduled to vote Tuesday on a six-year contract that is not a far cry from what they rejected in late April.
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New pot bill puts business in the weeds

The medical marijuana bill on Gov. Quinn's desk raises troubling questions for business. “You're going to have litigation," says one critic, "and you're going to have [workplace] accidents.”
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Updated

U.S. employers add 175K jobs, rate ticks up to 7.6 percent

(AP) — U.S. employers added 175,000 jobs in May, a figure that shows steady hiring but is below the more robust pace that took place during the fall and winter.
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Your View

The overlooked effect of 'criminal records' on the unemployed

Imagine being chronically unemployed. How would you feel? Hopeless? Depressed? Anxious?
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Rauner has message, but is he the right messenger?

The wealthy Chicago businessman has the right message, but he's yet to prove that he's the right messenger.
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Preckwinkle runs; GOP guv poll; DCEO gets its man

What job Toni Preckwinkle is running for, who leads the race for the GOP nomination for governor, and the confirmation of the state's new economic-development chief.
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Editorial

Anti-violence initiative has funds; now, let's create jobs

We hope the fundraisers will be as effective in distributing the money as they have been in raising it.
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U.S. Midwest business barometer picks back up in May

(Reuters) — Business activity in the U.S. Midwest reaccelerated in May after contracting in April as measures of employment and new orders jumped, a report showed on Friday.
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Interactive graphic

The city that's out of work

Unemployment is falling across the country — some places faster than others. In Chicago, joblessness for the metropolitan area came in 2 percentage points above the national rate.
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Caterpillar, South Milwaukee steelworkers reach deal: reports

Caterpillar and members of the United Steelworkers in South Milwaukee, Wis., have reached a tentative agreement that will affect more than 800 workers, according to reports.
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Video: Newsmakers

Chrysler's manufacturing chief talks Belvidere plant, reshoring

In the latest Newsmaker video, Scott Garberding, Chrysler Group's senior vice president of manufacturing, talks about the company's plans for Belvidere and its efforts to "reshore" some of its production back to North America.
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Chicago City Council takes aim at wage theft

Activist groups in Chicago are trying to raise awareness about an ordinance passed this year that can strip employers of business licenses if they're found guilty of wage theft.
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Each Chicago manufacturing job leads to 2 more: study

Every new local position in the sector creates another 2.2 jobs in the region, according to a UIC study.
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