June rate falls to 7.1 percent as state
adds 6,000 jobs
Lowest rate since October 2008
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[July 28, 2014]
– The Illinois unemployment rate fell in June for the fourth
consecutive month to reach 7.1 percent while employers created 6,000
jobs, according to preliminary data released today by the Bureau of
Labor Statistics and the Illinois Department of Employment Security.
The data is seasonally adjusted.
The combined April-June reduction of 1.3 points in the
unemployment rate is the largest three-month drop since this data
series began in 1976. The last time the rate was lower was October
2008 when it was 7.0 percent.
“Today’s numbers remind us that as our economy improves, more still
needs to be done.” IDES Director Jay Rowell said. “We need to
continue to create job-training opportunities for the unemployed and
underemployed so they can share in our growing economy.”
The significant drop in the unemployment rate so far this year
reflects Illinois’ historical role of following the nation into and
out of economic cycles. This pattern generally is expected to
continue until global demand lifts Illinois’ manufacturing sector,
which in turn would help housing and the construction industry.
The unemployment rate also is in line with other economic
indicators. First time jobless claims have been trending lower for
the past four years and in June were 6 percent lower than one year
ago. First time claims in June also were at the lowest monthly level
since 2007. Numbers from the independent Conference Board’s Help
Wanted OnLine Survey show Illinois employers in June advertised for
more than 212,800 jobs (203,500 seasonally adjusted) and 86 percent
sought full-time work.
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Employers added +250,900 private sector jobs since job
creation returned to Illinois. Leading sectors are Professional
and Business Services (+107,900, +13.8 percent); Education and
Health Services (+59,100, +7.2 percent); Trade, Transportation
and Utilities (+44,700, +4.0 percent); and Leisure and
Hospitality (+34,600, +6.8 percent). Government continues to
lead job loss (-22,100, -2.6 percent.)
In June, the number of
unemployed individuals fell -30,600 (-6.2 percent) to 461,700. Total
unemployed has fallen -291,800 (-38.7 percent) since the rate peaked
at 11.4 percent.
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. Historically, the national unemployment rate is
lower than the state rate. The state rate has been lower than the
national rate only six times since January 2000. This includes
periods of economic expansion and contraction.
[Text received; ILLINOIS DEPARTMENT
OF EMPLOYMENT SECURITY]
Seasonally Adjusted Unemployment Rates
Illinois Seasonally Adjusted Non-farm Jobs – by Major Industry
Illinois monthly labor force, unemployed and unemployment rates for
years 2009-2013 have been revised as required by the U.S. Bureau of
Labor Statistics. In February of each year, monthly labor force data
for all states are revised to reflect updated sum-of-states
controls, Census population controls, seasonal factors, non-farm
jobs and unemployment insurance claims inputs. Data were also
smoothed to eliminate large monthly changes as a result of
volatility in the monthly household (CPS) survey. Comments and
tables distributed in prior Illinois unemployment rate news release
materials should be discarded because any analysis, including
records, previously cited might no longer be valid.
Seasonally adjusted employment data for subsectors within industries
are not available. For not seasonally adjusted jobs data with
greater industry detail, go to
“Other Services” includes a wide range of activities in three broad
categories: Personal and laundry; repair and maintenance; and
religious, grant making, civic and professional organizations.
Monthly seasonally adjusted unemployment rates for Illinois and the
Chicago-Naperville-Joliet Metropolitan Division are available at: