 The seasonally adjusted data nets May's job growth at 5,600 when subtracting
temporary job declines as schools go on summer break. Illinois added 54,900
private sector positions compared with last year."The encouraging news of
private sector job growth shows Illinois businesses are warming to the idea of
adding new positions. Growth in construction is particularly encouraging
following a cold and wet spring," said IDES Director Jay Rowell. "This year also
illustrates the volatile nature of the unemployment rate. Up in January and
February, unchanged in March, and then down again in April and May. This trend
likely will continue as national and global events push consumer confidence."
Illinois has added 227,600 private sector jobs since January 2010, when job
growth returned following nearly two years of consecutive monthly declines.
Leading growth sectors are professional and business services, up 98,800;
education and health services, up 58,500; and trade, transportation and
utilities, up 34,700. Government has lost the most jobs since January 2010, down
30,600.
In May 2013, the number of unemployed fell 11,600, or 1.9 percent, to
599,200. Total unemployed has fallen 153,000, or 20.3 percent, since early 2010,
when the state unemployment rate peaked at 11.3 percent for the months of
January and February.
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The unemployment rate identifies those who are out of work and
seeking employment. Individuals who exhaust benefits, or are
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 times of economic
growth and recession.
___
See tables (PDF):
[Text from
Illinois
Department of Employment Security
file received from
the
Illinois Office of
Communication and Information]
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