Let C(S-n) be the Z-module of integer-valued class functions on the symmetr
ic group Sn. We introduce a graded version of the convolution product on C(
S-n), and we show that there is a degree-preserving ring isomorphism C(S-n)
--> H*(Hilb(n)(A(C)(2));Z) to the cohomology of the Hilbert scheme of poin
ts in the complex affine plane.