Business, Economics and Jobs

Heartbreak in the heartland as Caterpillar layoffs remain firm

What looked like hopeful news out of the heartland is heartbreak instead for employees at Peoria, Illinois-based Caterpillar. The company indicated that if the Obama stimulus passed it might hire back some of the 20,000 workers it has laid off or will soon lay off. The catch?they won't be hired back any time soon and many of them won't be hired back in Illinois. We're talking with Chad Noll, a former engine assembler with Caterpillar who lives in Elmwood, Illinois.

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