The Illinois unemployment rate fell in September for the seventh consecutive month to reach 6.6 percent while employers created 19,300 jobs, according to preliminary data released by the Bureau of Labor Statistics and the Illinois Department of Employment Security. The data is seasonally adjusted. The drop from 9.1 percent one year ago marks, for the second consecutive month, the largest year-over-year decline since 1984. The last time the rate was lower than 6.6 percent was in June 2008 when it was 6.3 percent. Also, there are 69,000 more jobs than one year ago. September job growth was led by Trade, Transportation and Utilities with 6,500, Professional and Business Services with an additional 6,000 jobs. Meanwhile, Manufacturing had 2,800 fewer jobs. Employers added 300,700 private sector jobs since job creation returned to Illinois in February 2010. Government remains the job loss leader, shedding 21,500 positions during the same period. First-time jobless claims have been trending lower for the past four years and in September the number of monthly claims was at its lowest level since 2000. Numbers from the independent Conference Board’s Help Wanted OnLine Index show that Illinois employers in September advertised for nearly 212,000 jobs and 85 percent sought full-time work. To apply for these jobs, go to Illinoisjoblink, the state’s help wanted internet job board managed by IDES. The unemployment rate identifies those who are out of work and seeking employment. A person who exhausts benefits, or is ineligible, still will be reflected in the unemployment rate if they actively seek work.
Posted on: Mon, 20 Oct 2014 10:47:47 +0000
Trending Topics
Recently Viewed Topics
© 2015