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Study: Occupations remain racially segregated

Study: Occupations remain racially segregated

 An Economic Policy Institute study indicates black men earn lower wages than their white counterparts due to occupational segregation, the Chicago Sun-Times reported today. The study suggests about 87 percent of U.S. occupations are racially segregated, with African American men overrepresented in low-wage jobs, the Sun-Times reported.

Women’s wages still have a long way to go

Women’s wages still have a long way to go

Despite advances in education and experience, women haven’t been able to close the gender gap, according to a White House report cited in the Wall Street Journal. Women are more likely to work in jobs that pay less than men and also head up single-parent households, causing many to be poor,  the Wall Street Journal […]

Gender gap in board rooms impacts business

Gender gap in board rooms impacts business

A New York Times opinion piece  indicates a gender gap exists at the board level. New research focusing on corporate boards in Europe suggests closing the gap by adding more female board members could boost companies’ productivity and profitability. That’s why some European countries are establishing quotas as high as 40 percent for female board members, the Times […]

New restaurant locations boost Loop’s occupancy rate

As restaurants and other retailers open new locations, the Loop’s vacancy rate is falling, Crain’s Chicago Business reported. The story cited a study by Chicago-based Stone Real Estate Corp. indicating the Loop’s vacancy rate fell to 13.6 percent last year, down from 14.1 percent in 2009. Attracted to the area’s denser foot traffic, fast-casual restaurants Hannah’s Bretzel, […]

Cheesemaker heads downtown

 With strong sales fueling its expansion plans, Bel Brands USA is moving its headquarters to Chicago from Elk Grove Village, Crain’s Chicago Business reported. The subsidiary of Paris-based Fromageries Bel saw sales of its Laughing Cow, Boursin, Kaukauna and other cheese products climb 25 percent last year to $300 million. As a result, it is […]