Thursday, April 4, 2013
As more jobs become available, more jobseekers begin to search again causing unemployment rates to increase, according to officials.
Unemployment rates in Illinois rose slightly from January 2013 to February, to 10.5 percent and are a percent point higher from the same time in 2012, according to new figures released last week. During the month of February, Illinois saw job growth in five metro areas and declines in seven metro areas, according to data released by the U.S. Department of Labor and the Illinois Department of Employment Security. While unemployment numbers have increased slightly in Illinois, the increase comes as the state added more than 12,400 jobs in February, a three-year job growth trend in the state, and more people sought work, according to officials with the Illinois Department of Employment Security. "This is the counter-intuitive part of an …
Wednesday, January 30, 2013
Unemployment rates in Illinois increased slightly from November 2012 to December but are still down compared to the the end of 2011, according to new figures released last week.
Unemployment rates in Illinois increased slightly from November 2012 to December but are still down compared to the the end of 2011, according to new figures released last week. November local unemployment rates fell in nine of 12 metro areas compared to last year, according to data released by the U.S. Department of Labor and the Illinois Department of Employment Security. "The most pressing challenge to our economic progress is the uncertainty tied to Congress, the debt ceiling and the fiscal cliff," IDES Director Jay Rowell said. "Our economic recovery could be compromised if Congress is not seen as working together to build a solution." IDES generally reports unemployment figures for municipalities with populations of 25,000 or more …
Monday, January 7, 2013
With a fiscal cliff looming, the Department of Employment Security said last month that a solution was necessary to help improve jobless rates.
Unemployment rates in Illinois dropped slightly from October 2012 to November, to 8.2 percent, and are a full percentage point compared to 2011, according to new figures released last week. November local unemployment rates fell in 11 of 12 metro areas compared to last year, according to data released by the U.S. Department of Labor and the Illinois Department of Employment Security. "The trend of falling unemployment rates across Illinois shows that our economy continues to improve," IDES Director Jay Rowell said. "The largest challenge to local economic growth is the fiscal cliff. Economic progress could slow at every level and we risk another recession if Congress does not work together to craft a solution." Last week, President Barack…
Wednesday, November 28, 2012
Although unemployment is down from this time compared to last year, numbers slightly increased from September 2012 to October.
Unemployment rates in Illinois increased slightly from September 2012 to October, but are still down compared to 2011, according to new figures released last week. October local unemployment rates fell in every metro area compared to last year, according to data released by the U.S. Department of Labor and the Illinois Department of Employment Security. "Falling unemployment rates across our state and the lowest October rates since 2008 show that that our steady economic progress continues," IDES Director Jay Rowell said in a news release. "We now look to Congress to address the fiscal cliff. If not resolved, our future economic progress will be in jeopardy." IDES generally reports unemployment figures for municipalities with populations …
Tuesday, October 30, 2012
In the south suburbs, the unemployment rate dropped from August to September this year and is generally below the state average, according to data released last week.
The unemployment rates in Illinois is still above 8 percent, but most communities saw a decrease in out-of-work residents in September 2012, according to new figures released last week. September local unemployment rates fell in every metro area compared to last year, according to data released by the U.S. Department of Labor and the Illinois Department of Employment Security. "This month's report highlights that we have made steady progress in lowering the unemployment rate, but more needs to be done," IDES Director Jay Rowell said in a news release. "Hiring managers need to see consistent, long-term tax policy and spending priorities by the federal government before we will see stronger hiring increases." IDES generally reports …
Ray
2:50 pm on Thursday, November 29, 2012
The U-3 are the numbers always used, and it's an apples-to-apples comparison. It went from 8.9 in Oct '11 to 7.9 in Oct'12. If you want to use the U-4 numbers including "discouraged workers", it still went down - from 9.5 to 8.4. more ›