 "Illinois has added more than 10,000 manufacturing jobs and nearly
9,000 jobs in the construction sector over this time last year,
including strong growth over the past month," IDES Director Jay
Rowell said. "While uneven movements -- as we are seeing across the
nation -- are an expected part of an economic recovery, Illinois is
building on the steady progress that has been made."Nationally,
consumer confidence continues to hinder discretionary spending,
which in turn causes businesses to delay expansion and hiring. This
natural cycle, however, need not impede Illinois businesses and
individuals from leveraging tax incentives and job training. Find
details at
http://www.ides.illinois.gov/employer/ui-credits.asp and
http://business.illinois.gov/tax_incentives.cfm.
"Businesses should evaluate tax credits designed to promote
economic activity and hire specific groups of individuals, such as
military veterans," Rowell said. "Job seekers should evaluate their
skills and identify the training that is needed in order to qualify
for available jobs today and in the coming years."
In June, monthly payroll employment contracted by 7,200,
seasonally adjusted. The three-month moving average is up by 2,300.
The three-month context better depicts labor market trends by
offsetting monthly fluctuations.
Since January 2010, when Illinois employment resumed after the
national recession, Illinois has added 97,200 net new jobs. This
represents a 1.7 percent job growth, compared with the nation’s 1.4
percent. Leading sectors are professional and business services, up
36,000; trade, transportation and utilities, up 24,600; educational
and health services, up 23,900; and manufacturing, up 18,000.
The number of unemployed individuals rose for the second time
since January 2010, increasing 18,900, or 3.2 percent, to 603,700.
Total unemployed has declined 136,400, or 18.4 percent, since
January 2010, when the state unemployment rate peaked at 11.2
percent.
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The unemployment rate identifies those who are out of work and
seeking employment. People who exhaust their benefits, or are
ineligible, still will be reflected in the unemployment rate if they
actively seek work.
The IDES supports economic stability by administering
unemployment benefits, collecting business contributions to fund
those benefits, connecting employers with qualified job seekers, and
providing economic information to assist career planning and
economic development. It does so through nearly 60 offices,
including Illinois workNet centers.
(See tables with comparative figures on
seasonally adjusted unemployment rates in Illinois and the U.S. and
on Illinois jobs in various categories.)
[Text from
Illinois
Department of Employment Security
file received from
the
Illinois Office of
Communication and Information]
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