In Chicago, the Senate has voted 57-0 for Senate Bill 1578, which offers a tax credit to small businesses that create Chicago jobs (click here).

The measure cleared the House without any debate a day earlier, so now the bill goes on to Governor Pat Quinn.

According to ChicagoPressRelease.com, the credit proposed by Quinn earlier this month aims to help get Illinois’ struggling economy back on track by offering small businesses a $2,500 tax credit for each new hire they make in the next year.

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The Chicago unemployment rate in the metropolitan area jumped to 11.6 percent in January from 10.6 percent a month earlier and 8.4 percent in January 2009, the Illinois Department of Employment Security reported today.

The area shed 149,900 jobs over the year.

The city has done everything it can to boost Chicago jobs.

Unemployment rates, all not seasonally adjusted, were above previous-year levels in all 12 metropolitan areas for the 32nd straight month.

The agency said the state rate climbed to 12.2 percent, exceeding the 10.6 percent rate nationally.

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According to an analysis conducted by the Chicago Tribune, Chicago Transit Authority workers get some of the highest wages in the U.S. for transportation jobs in Chicago (click here).

The study found that at $28.64 an hour, the top wage rate for Chicago Transit Authority bus drivers ranks third-highest among U.S. transit agencies.

CTA bus drivers trail only their counterparts at two transit agencies operating on opposite coasts.

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The Chicago Tribune reported this week that students (or their parents) are shelling out thousands of dollars to pay for entry-level jobs in Chicago that qualify as internships (click here).

The students are paying big bucks for internships in the hopes that it will land them a full time job.

The newspaper reports that internship placement companies say more students are applying for such internships and some have shelled out $8,000 in exchange for a summer of unpaid work.

(more…)

Signs of hiring are cropping up, and employment experts and job seekers offer tips on how to prepare for your opportunity.

Read the rest of this entry