Friday, June 22, 2018

Illinois Dept. of Employment Security says unemployment rate still falling

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Current Monthly Unemployment Rates

(includes current, previous and year ago monthly unemployment rates for State, U.S., Metropolitan Areas, Counties, Cities, Micropolitan Areas, Combined Areas, Local Workforce Areas and Economic Development Regions)
 
 
Spoiler:  

Unemployment Rate Continues Falling in All Metro Areas

Jobs increase in eleven metros
Thursday, June 21, 2018 - Employment Security, Department of

CHICAGO-Unemployment rates decreased over-the-year in May in all of Illinois's metropolitan areas, according to preliminary data released today by the U.S. Bureau of Labor Statistics (BLS) and the Illinois Department of Employment Security (IDES). Data also show nonfarm jobs increased in eleven of the metropolitan areas.
Illinois businesses added jobs in eleven metro areas, with the largest increases in: Kankakee (+3.9 percent, +1,800), the Quad Cities (+1.5 percent, +2,700), and Champaign-Urbana (+1.2 percent, +1,300). Total nonfarm jobs in the Chicago-Naperville-Arlington Heights Metro Division increased (+0.9 percent or +32,500). Illinois businesses lost jobs in three metro areas: Danville (-1.4 percent, -400), Carbondale-Marion (-1.2 percent, -700), and Springfield (-0.7 percent, -800).
The industry sectors recording job growth in the majority of metro areas included Transportation, Warehousing and Utilities (9 of 14), Professional and Business Services, (9 of 14), and Manufacturing (8 of 14).
Not seasonally adjusted data compares May 2018 with May 2017. The not seasonally adjusted Illinois rate was 3.5 percent in May 2018 and stood at 12.2 percent at its peak in this economic cycle in January 2010. Nationally, the not seasonally adjusted unemployment rate was 3.6 percent in May 2018 and 10.6 percent in January 2010 at its peak. The unemployment rate identifies those who are out of work and looking for work, and is not tied to collecting unemployment insurance benefits.


 

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