S&P 500
1650.50
-1.31 -0.08%
Dow Indu
15303.64
-14.59 -0.10%
Nasdaq
3480.46
-1.72 -0.05%
Crude Oil
98.35
-0.32 -0.32%
Gold
1374.50
+8.17 +0.60%
Euro
1.34032
+0.00122 +0.09%
US Dollar
80.520
-0.167 -0.21%
Weak

Market Commentary and Intraday News

Chicago Board of Education Oks teacher contract

236 days ago

(AP:CHICAGO) The Chicago Board of Education has approved a three-year contract negotiated with the Chicago Teachers Union after a strike.

Board President David Vitale said in a statement Wednesday the contract ensures a quality school day for students and gives teachers a fair raise and new professional development support.

Earlier this month, 79 percent of the teachers union's membership voted in favor of the contract.

The contract includes a new teacher evaluation system and better opportunities for teachers to keep their jobs if their schools closed. It also includes an agreement on how to implement a longer school day.

Teachers walked off the job Sept. 10, idling about 350,000 students for seven days. Another 52,000 students were unaffected by the strike because they attend non-unionized charter schools.


Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

INO.com on Facebook INO.com MarketClub on Twitter INO.com YouTube

© Copyright INO.com, Inc. All Rights Reserved.