Employment

Employment

U.S. added just 151,000 jobs in January; unemployment at 4.9 percent

JOSH BOAK, AP Economics Writer

UI to departments: Get ready for more budget cuts

URBANA — After absorbing budget cuts this year of $20 million or more, University of Illinois academic departments are drawing up plans for more cost-cutting in 2016-17.

ADM misses 4Q profit forecasts

DECATUR, Ill. (AP) — Archer Daniels Midland Co. (ADM) on Tuesday reported fourth-quarter profit of $718 million.

Investors stay steady with retirement savings

Panic is so passe.

Investors are keeping their cool — and keeping their hands off of their retirement accounts — despite huge swings in the stock market that sent it careening to its worst start to a year ever.

2 area plants downsizing

DANVILLE — Two Danville companies are starting the new year by reducing their workforces.

Thyssenkrupp Crankshaft at 1000 Lynch Road laid off 48 salaried and hourly workers this week because of a downturn in the heavy equipment market, according to Kellie Harris with Thyssenkrupp North America Regional Headquarters in Chicago.

Caterpillar closing 5 plants, cutting 670 jobs

Caterpillar says it plans to close five plants, causing a net reduction of about 670 jobs in Illinois and several other states, as part of a broader cost-cutting campaign announced last year.

City official says he signed severance agreement 'under duress'

CHAMPAIGN — Those who worked closely with Champaign's former community relations manager want to know why he's no longer employed after less than a year on the job.

And a month after Lyonel LaGrone's sudden resignation last month, they're still searching for answers.

AFSCME members' back pay to be delayed

URBANA — About 1,750 union employees who ratified new contracts with the University of Illinois more than a month ago will have to wait a bit longer to get their back pay.

Racial justice task force members recommended

URBANA — Twenty-one persons and three alternates are being recommended for membership on a Champaign County Racial Justice Task Force that is supposed to begin work next month.

The appointments, made by a panel of five county board members who reviewed 32 applications, will come before the full board tonight.

Go figure: Jan. 20, 2016

Go figure: A numerical look at local headlines

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Good reasons that UI donor SPENCER ATKINS has for endorsing a former Illini for the school's athletic director opening.