SUBSCRIBE to Capitol Fax      Advertise Here      Mobile Version     Exclusive Subscriber Content     Updated Posts    Contact
CapitolFax.com
To subscribe to Capitol Fax, click here.
Unemployment rate down half a point, but big manufacturing losses

Thursday, May 15, 2014

* Halfway decent news for a change. From IDES…

The Illinois unemployment rate hit a new five-year low in April when it fell to 7.9 percent, according to data released today by the Bureau of Labor Statistics and the Illinois Department of Employment Security. More people working pushed the rate down 0.5 points, the lowest since December 2008 and largest monthly decline in the history of this data series which began in 1976. […]

In April 2014, the number of unemployed individuals fell -35,700 (-6.5 percent) to 516,000. Total unemployed has fallen -237,500 (-31.5 percent) since January 2010 when the rate peaked at 11.4 percent. The unemployment rate fell even though preliminary estimates indicate 7,800 fewer private sector jobs in April and 29,300 more jobs than one year ago. The unemployment rate and job creation numbers can move independently of each other because they come from different surveys.

The unemployment rate is in line with other economic touch points. First-time jobless claims have been trending lower for the past four years and at 48,697 in April are 20 percent lower than one year ago. Numbers from the independent Conference Board’s Help Wanted OnLine Survey show Illinois employers in April advertised for more than 200,000 jobs (201,500 seasonally adjusted) and 85 percent sought full-time employment.

Illinois employers added +249,600 private sector jobs since the low point of employment in Illinois. Leading sectors are Professional and Business Services (+114,600, +14.6 percent); Education and Health Services (+55,900, +6.8 percent); and Leisure and Hospitality (+38,000, +7.4 percent). Government (-25,600, -3.0 percent) continues to lead job loss.

* However, Illinois has lost 8,900 manufacturing jobs in the past twelve months, according to IDES, including a whopping 3,500 last month alone.

And while 20,000 new jobs were gained in the professional and business services category during the past 12 months, 7,100 jobs in that category disappeared in April.

- Posted by Rich Miller        


19 Comments
  1. - wordslinger - Thursday, May 15, 14 @ 2:21 pm:

    –And while 20,000 new jobs were gained in the professional and business services category during the past 12 months, 7,100 jobs in that category disappeared in April.==

    Seasonal tax preparation, I’m guessing. Happens every year.

    Not going to complain too much about dropping half a point and getting back to Dec. 2008, but still a ways to go.


  2. - Precinct Captain - Thursday, May 15, 14 @ 2:46 pm:

    I guess those manufacturers got scared off by Madigan’s move on EDGE credits lol. Wouldn’t be surprised if the tinfoilers actually believed this.


  3. - CircularFiringSquad - Thursday, May 15, 14 @ 2:56 pm:

    actually the Madigan EDGE reform will have more companies signing up. We are certain the Celebrants of Failure (aka GOPies) cannot be too happy.
    Listening to the GOPies whine on the floor it shows how really thin the brain trust…sending up DwightLite is really tired.


  4. - The Doc - Thursday, May 15, 14 @ 3:26 pm:

    ==Government (-25,600, -3.0 percent) continues to lead job loss==

    Someting to keep in mind next time you hear someone screaming about the miserable business climate or our bloated state governement workforce.


  5. - wordslinger - Thursday, May 15, 14 @ 3:42 pm:

    Geez, I guess some of the Usual U-Haul Suspects can’t handle a half point drop in the unemployment rate.


  6. - RNUG - Thursday, May 15, 14 @ 3:45 pm:

    The manufacturing job losses will hurt more in the long run than the numbers would imply. Those type jobs were the anchor for a lot of the semi-skilled workforce; they required an infrastructure of suppliers and their multiplication factor was often higher than perceived by common wisdom.


  7. - fed up - Thursday, May 15, 14 @ 3:51 pm:

    The unemployment rate went down because people quit looking for jobs. Thats a bad thing. 7,800 less jobs in Illinois than in April. Spin it however you like less people working is not a good thing.

    ” The total number of unemployed individuals in the state fell by 6.5 percent to 516,000. That’s despite the fact that early estimates suggest that there were 7,800 fewer private sector jobs in April.

    The unemployment rate counts those who are out of work and seeking employment. When a person gives up their search, they are no longer counted.


  8. - Arizona Bob - Thursday, May 15, 14 @ 3:54 pm:

    An unanswered question here is how much of this drop in unemployment RATE is due to people leaving the workforce and retiring?

    The real question here is how many TOTAL, full time jobs do we have in Illinois compared to peak employment levels in the Bush years.

    I believe IDES just looks at jobless claim statistics. What state agency tracks totla employment numbers abd what do THEY say about the job situation in Illinois?

    Anyone know what the median and mean job income in Illinois is compared to the Bush years?


  9. - wordslinger - Thursday, May 15, 14 @ 3:58 pm:

    –Illinois employers added +249,600 private sector jobs since the low point of employment in Illinois–

    How is that not more people employed, Fed Up?


  10. - Chi - Thursday, May 15, 14 @ 4:01 pm:

    Arizona Bob is one hell of a troll. I’ll give him that.


  11. - Demoralized - Thursday, May 15, 14 @ 4:34 pm:

    You can always leave it to people to spin good news into bad news and this blog has some of those people.

    @Arizona Bob:

    Bush years? Who cares. Do you have a point somewhere in that nonsense question?


  12. - RNUG - Thursday, May 15, 14 @ 4:35 pm:

    == Anyone know what the median and mean job income in Illinois is compared to the Bush years? ==

    The federal census data should have that information …


  13. - Just The Way It Is One - Thursday, May 15, 14 @ 8:02 pm:

    7.9% !!! Woo hoo! Lowest since before Pat Quinn took OFFICE–this must mean that “Quinn Economics” are WORKing! (Sorry to burst your “Hands-On” GTCT-Model of Perfection for ALL Illinois Businesses’ Bubble, Brucie, while you’re busy defending those hundreds of Lawsuits–pfff…!


  14. - Pensioner - Friday, May 16, 14 @ 8:09 am:

    Employment numbers would be great without the current political mood to fire state/local govt workers and teachers. I’ll say it again as it always bears repeating. The economy does not know a private dollar from a public dollar. Each dollar spent multiplies itself many times over.


  15. - Pensioner - Friday, May 16, 14 @ 8:13 am:

    Az Bob an attempt at humor?

    “The real question here is how many TOTAL, full time jobs do we have in Illinois compared to peak employment levels in the Bush years.”

    Since Bush created the worst economic crash in 80 years this is indeed rich.


  16. - Pensioner - Friday, May 16, 14 @ 8:15 am:

    Always enjoyable to me to pick out the conservatives spinning bad news out of good.


  17. - oz - Friday, May 16, 14 @ 8:21 am:

    Creating jobs is easy. Just turn that WalMart or burger flipping job into a part-time job and one can make the job creation number almost anything they like.

    However we can’t even do that!!

    Look people. The BLS reported Illinois non-farm payroll of 5,814,900 in Mar 2014.

    Nov. 1997 Illinois non-farm payroll was 5,819,100

    FOURTEEN YEARS AGO Illinois had more people employed then today. So where did all the new college grads go for the last FOURTEEN YEARS!

    http://www.bls.gov/eag/eag.il.htm


  18. - oz - Friday, May 16, 14 @ 8:35 am:

    Also WRT.

    “Numbers from the independent Conference Board’s Help Wanted OnLine Survey show Illinois employers in April advertised for more than 200,000 jobs (201,500 seasonally adjusted) and 85 percent sought full-time employment. ”

    It’s cheap to post a job ad now days but advertising a job opening doesn’t mean that the job exists.

    Job openings are advertised for many other reasons.

    Sprint, Radio Shack, Sears, JC Penny, the list goes on all closing stores and doing mass layoffs and yet you walk by there stores and there’s the sign in the window “WE’RE HIRING”

    Well if they are hiring it’s because they’re churning the workforce to lower wages or lower hours which brings us to the another reason you post job ads when the positions don’t exist.ho

    I remember a short time ago Rahm was putting out the propaganda that AAR corp had a qualified worker shortage. “They just could not find welders and mechanics” as part of some city college promotion speech.

    Meanwhile thousands of those exact jobs were being cut across the country including within AAR corp itself.

    So who we kidding? They advertise a shortage to entice the students to pursue these careers so that wages can be driven lower. You don’t want to tell the kids there’s a glut of applicants now do you?


  19. - Wally - Friday, May 16, 14 @ 8:39 am:

    Unemployment % nationally dropped last month with headlines screaming more than 200,000+ jobs added. Buried in about the 5th or 6th paragraph was this little gem—-More than 800,000 people left the workforce, which was the main reason the % dropped. Does anyone really believe the unemployment rate in IL dropped from 8.4% to 7.9%??? REALLY?


TrackBack URI

Sorry, comments for this post are now closed.


* Where do these people learn to talk like that???
* Suarez stands by her ad, produces evidence
* Question of the day
* *** UPDATED x1 *** Lifestyles of the rich and famous
* A very good point
* Rauner outspent 2-1 on Chicago TV last month
* So far, it's still stuntish
* Politico report: Enyart slipping fast, Callis dumped
* *** UPDATED x1 - Another poll shows single digits *** Poll: Durbin with a single digit lead and slightly below 50
* *** UPDATED x1 - Suarez produces evidence *** A big swing and an even bigger miss
* *** UPDATED x1 - Dold response *** Schneider up with first TV ad
* This year's best test of party strength
* A boldfaced lie
* Rate Gov. Quinn's new TV ad
* SUBSCRIBERS ONLY - Supplement to today’s edition
* SUBSCRIBERS ONLY - Today's edition of Capitol Fax (use all CAPS in password)
* Yesterday's blog posts

Support CapitolFax.com
Visit our advertisers...

...............

...............


Search This Blog...

Search the 98th General Assembly By Bill Number
(example: HB0001)

Search the 98th General Assembly By Keyword

          
        * T-Mobile set to launch a new ZTE-made 4G hotspot device?
        * Bio Inc game lets you create the ultimate disease
        * Two new T-Mo Alcatel phones available from next week
        * Meizu’s new MX4 brings an aluminum finish to some flagship specs
        * Pocketnow’s on the ground in Berlin for IFA 2014
        * One more time: Use two-factor authentication on iCloud, even if there's a waiting period
        * LED Blinker Notifications app sheds light on your notifications

        * Develop Discipline by Seeing the Good in Any Task
        * Concur Technologies Reportedly Considering Sale
        * Fav Outrage (Comic)
        * Insert Citations in Multiple Formats Easily with Google Docs
        * Facebook PMD Fanbooster launches ads platform
        * FanDuel Scores $70 Million Funding Round
        * Connected insoles, jewelry and more. We really need wireless power.

        * Season Review: 2014 Charlotte Knights
        * White Sox call up Josh Phegley, Marcus Semien, Jordan Danks, Scott...
        * Prospect Rodon not among White Sox callups
        * White Sox unburden themselves for September
        * White Sox Minor League Update: End of the regular season
        * Noesi looks to continue push toward season's end
        * Williams conveys important message to Little Leaguers


        Main Menu
        Home
        Illinois
        YouTube
        Pundit rankings
        Obama
        Subscriber Content
        Durbin
        Burris
        Blagojevich Trial
        Advertising
        Updated Posts
        Polls

        Archives
        September 2014
        August 2014
        July 2014
        June 2014
        May 2014
        April 2014
        March 2014
        February 2014
        January 2014
        December 2013
        November 2013
        October 2013
        September 2013
        August 2013
        July 2013
        June 2013
        May 2013
        April 2013
        March 2013
        February 2013
        January 2013
        December 2012
        November 2012
        October 2012
        September 2012
        August 2012
        July 2012
        June 2012
        May 2012
        April 2012
        March 2012
        February 2012
        January 2012
        December 2011
        November 2011
        October 2011
        September 2011
        August 2011
        July 2011
        June 2011
        May 2011
        April 2011
        March 2011
        February 2011
        January 2011
        December 2010
        November 2010
        October 2010
        September 2010
        August 2010
        July 2010
        June 2010
        May 2010
        April 2010
        March 2010
        February 2010
        January 2010
        December 2009
        November 2009
        October 2009
        September 2009
        August 2009
        July 2009
        June 2009
        May 2009
        April 2009
        March 2009
        February 2009
        January 2009
        December 2008
        November 2008
        October 2008
        September 2008
        August 2008
        July 2008
        June 2008
        May 2008
        April 2008
        March 2008
        February 2008
        January 2008
        December 2007
        November 2007
        October 2007
        September 2007
        August 2007
        July 2007
        June 2007
        May 2007
        April 2007
        March 2007
        February 2007
        January 2007
        December 2006
        November 2006
        October 2006
        September 2006
        August 2006
        July 2006
        June 2006
        May 2006
        April 2006
        March 2006
        February 2006
        January 2006
        December 2005
        April 2005
        March 2005
        February 2005
        January 2005
        December 2004
        November 2004
        October 2004

        Blog*Spot Archives
        November 2005
        October 2005
        September 2005
        August 2005
        July 2005
        June 2005
        May 2005

        Syndication

        RSS Feed 2.0
        Comments RSS 2.0
        WordPress

        Loading


        * State accepting patient applications for medica.....
        * Bruce Rauner seems to think Illinois voters are.....
        * Smoking to be banned on Parkland campus..
        * Gubernatorial candidates discuss jobs, veterans..
        * Rauner criticizes Quinn on veterans..
        * Quinn, Rauner Should Get On Board With Region’s.....
        * This Gubernatorial Candidate Belongs a Wine Clu.....


        * Kirk: US must take hard line against Islamic State
        * Gubernatorial candidates discuss jobs, veterans
        * EPA OKs FutureGen plan for CO2 storage
        * Suburban Chicago man sentenced for killing infant
        * Rauner criticizes Quinn on veterans
        * Illinois woman rescued after day stuck in mud
        * First medical marijuana tally expected next week
        * School starts in Chicago with more safety guards
        * Climatologist says August warmed up in Illinois
        * Quinn: Eating crackers on minimum wage challenge

        * Rauner criticizes Quinn on veterans
        * Gubernatorial candidates discuss jobs, veterans
        * Quinn: Eating crackers on minimum wage challenge
        * Illinois prisons struggle with backup power issues
        * State starts accepting medical marijuana requests
        * Audit finds state lax in reviewing eligibility for children’s health insurance program
        * Does the governor need to live in the Executive Mansion?
        * Statehouse Insider: Hands off investments
        * State of unions: AFSCME wins some, loses some on outsourcing
        * State of unions: Domination of Illinois' workforce becomes campaign issue

        * Amtrak renews complaint against freight line over Chicago-Carbondale delays
        * A new, improved commuter bike for $325? Well, sort of
        * Hinshaw merger sets up law firm for more growth
        * Thoma Bravo to buy Compuware
        * Thoma Bravo makes its biggest deal yet


        * New school year brings changes to Gresham
        * 30 years for man who smothered baby, tossed him in garbage
        * 30-year sentence for man who smothered baby, tossed him in garbage
        * Convicted felon accused of fatally stabbing girlfriend 22 times
        * Quinn announces $102 million investment for high-speed rail
        * Quinn to live on minimum wage for a week
        * Moms, dads get kids ready for school
        * Chicago school year begins with more safety guards
        * Ex-cop convicted of protecting crooks is back on public payroll


        * Man convicted of possessing child porn sentenced to 7 years
        * Garrett Popcorn sued over Chicago Mix
        * Teen critically injured after being hit by train in Lake Zurich
        * Rauner declines to say how personal relationship with Emanuel will affect political one
        * Home Depot investigating possible data breach
        * Teacher facing child porn charges to be mentally evaluated
        * High school placed on lockdown after reports of shots fired
        * Man charged with trying to meet Stickney girl, 12, for sex
        * Lawyer: Federal agents investigating shootings by Chicago cops
        * No bail for man accused of Northwest Side fatal stabbing


        * Dana Thomas House Drying Out, But More Water Works Needed
        * FutureGen Takes Another Step Forward
        * Decatur's Kirkland - From Beethoven To The Beatles
        * Big Predators In Illinois Inspire New Law
        * WUIS/SJ-R Business Report: Casey's Expansion; Parsons In Court; Farmland Prices Fall
        * Opposition Research Key Part Of Political Dark Arts
        * Digging up political dirt? That's their job
        * State Starts Accepting Medical Marijuana Requests
        * Newborn Found Alive In Jacksonville Trash Bin
        * DNR Releases Fracking Rules


        * Rauner criticizes Quinn on veterans
        * Quinn: Eating crackers on minimum wage challenge
        * Illinois prisons struggle with backup power issues
        * State starts accepting medical marijuana requests
        * Couple’s wedding gifts help the community
        * Angela Bertoni: How to raise awareness of domestic violence in October
        * Catherine Rampell: Tech firms’ poor record of diversity
        * Audit finds state lax in reviewing eligibility for children’s health insurance program
        * Does the governor need to live in the Executive Mansion?
        * Our Opinion: Driving into floodwater a deadly practice


        * Book signing by local author
        * Blotter 9/2/14
        * Police: Highland High teen dies in high-speed Corvette crash
        * HCE to present lesson on old-fashioned remedies
        * Sister throws cell phone, strikes child
        * Illinois getting better on emergency plans for kids
        * AUDIO: President's marine band coming to Urbana
        * AUDIO: police 10 code has roots in East Central Illinois
        * Lt. governor proposes changes to ROE alignment
        * Authorities identify victims in I-255 crash


        * Irish look to improve secondary play vs. Michigan
        * College of Lake County hosts "Esperanza Gama: A Series of Memories" art exhibit
        * Tollway offers I-PASS incentives, discounts
        * Police: 2 more possible student victims of Gavin South teacher come forward
        * DuPage forest board may have violated law in hiring executive director

        * Jesse Jackson Jr. political fund fined nea...
        * Dems urge CMS to ensure accurate nursing h...
        * Connie Bruck Whitewashes Schakowsky--and J...
        * 'Celebrity Crime Files' Season Three, With...
        * Legislation proposes mandating 24/7 nursin...
        * Welcome to the state's Bult Field - Chicag...
        * Statement by Representative Jan Schakowsky...
        * Farm Antibiotic Restrictions Proposed - Al...
        * Jan Schakowsky: Tom Marino's Response to '...
        * Telling Nancy Pelosi to do research is sex...

        * Durbin, Bustos Highlight Potential of Digi......
        * Durbin, Bustos Highlight Potential of Digi......
        * Durbin, Bustos Highlight Potential of Digi......
        * Robbins, Illinois 3-day back-to-school fes......
        * Robbins, Illinois 3-day back-to-school fes......

        * U.S. Sen. Mark Kirk...
        * Rauner criticizes Quinn on veterans...
        * Construction Industry Continues to Raise C......
        * Ex-HP chief to speak at Downers Grove orga......

        * ISIS claims it has executed a second American journalist
        * Durbin - Oberweis race tightening; Oberweis endorsed by Bishop Trotter
        * What Happened to Chicago’s Crime Rate When Illinois Relaxed Gun Control Laws
        * Comment on Illinois a ‘Sinkhole State’: Rates Second Worst for Liability Per Taxpayer by Champion News | Illinois a ‘Sinkhole State’: Rates Second Worst for Liability Per Taxpayer
        * Comment on Illinois a ‘Sinkhole State’: Rates Second Worst for Liability Per Taxpayer by » Illinois a ‘Sinkhole State’: Rates Second Worst for Liability Per Taxpayer
        * Quinn Blasts Rauner On Minimum Wage Stance In New Ad (VIDEO)
        * Feds Reportedly Probing Chicago Police-Involved Shootings
        * O'Brien: Yes We Tan. Obama Concedes to ISIS in "Taupe and Change" suit
        * Rauner Rolls Out Veterans Coalition
        * Hultgren talks health care with community leaders


        * When it comes to jobs and hiring, Pat Quinn is veteran unfriendly
        * Pat Quinn’s Blagojevich-style Hiring Hurts Veterans
        * Rauner Rolls Out Veterans Coalition
        * ICYMI: Capitol Fax: “A Very Good Point”
        * Like All Illinoisans, Veterans Are Hurting Under Pat Quinn




            Hosted by MCS SUBSCRIBE to Capitol Fax Advertise Here Mobile Version Contact Rich Miller