Ill.
unemployment jumps to 7.9 pct.
12th
consecutive month for job losses
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[March 12, 2009]
CHICAGO -- The seasonally
adjusted January 2009 unemployment rate in Illinois was 7.9 percent,
up from the revised December 2008 rate of 7.2 percent, according to
data released Wednesday by the Illinois Department of Employment
Security. In January, Illinois experienced its highest unemployment
rate since April 1993 and reached its highest level for the number
of unemployed (518,600) since November 1985. For the first time in
seven years, the Illinois economy in January recorded its 12th
consecutive month of job loss, decreasing by 29,300. Over the year,
Illinois employers have reduced payrolls by 175,100 jobs.
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"In such difficult times, it is important to remain positive and to
maximize the services the department provides," said Maureen
O'Donnell, director of the Illinois Department of Employment
Security. "Filing for unemployment insurance online, receiving
benefits through direct deposit and using our career counseling tips
are positive steps people can take now to better prepare for the
future." Nationally, the unemployment rate continued to climb in
January, reaching a 16-year high of 7.6 percent. Payroll employment
in January fell for the 13th consecutive month, dropping 655,000
jobs and bringing total national job losses to 3.7 million since the
recession began in December 2007.
In Illinois, the manufacturing industry lost 10,800 workers in
January, its largest over-the-month reduction since July 2001. In
the last four months, the work force in this sector has declined by
approximately 3.5 percent. The professional and business services
category also dropped in January, reporting 6,900 fewer workers, its
second-largest decrease since January 1996.
The Illinois Department of Employment Security administers
federally funded employment services and unemployment insurance
through its nearly 60 offices, including the
Illinois workNet
Centers. IDES also receives federal grants to provide and analyze
labor market statistics and information.
(See tables for seasonally
adjusted unemployment rates.)
[Text from
Illinois
Department of Employment Security
file received from
the
Illinois Office of
Communication and Information] |
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