SUBSCRIBE to Capitol Fax      Advertise Here      Mobile Version     Exclusive Subscriber Content     Updated Posts    Contact
CapitolFax.com
To subscribe to Capitol Fax, click here.
Today’s numbers are grim, but slightly hopeful

Thursday, Jul 24, 2014

* According to the Bureau of Labor statistics, in June of 2004, total Illinois employment was 5,932,487. Ten years later, in June of 2014, total Illinois employment was 6,068,068.

That’s a net increase of less than 2.3 percent.

In ten years.

Oy.

* In November of 2006, the last time the state’s unemployment rate reached a low of 4.4 percent, total Illinois employment was 6,306,527, or almost 4 percent higher than where we were in June of this year.

* According to the BLS, the state’s labor force in November of 2006 stood at 6,599,004. The state’s labor force then reached its peak in January of 2008 at 6,725,940. It’s now at 6,529,781 - an astonishing drop of almost 200,000 people.

* One BLS graph shows we are starting to bounce back a bit. Employment…

* But look at the labor force trend…



- Posted by Rich Miller        


23 Comments
  1. - Anon - Thursday, Jul 24, 14 @ 1:30 pm:

    I don’t think the declining participation in the labor force is unique to Illinois.


  2. - Wally - Thursday, Jul 24, 14 @ 1:31 pm:

    Nationally, the labor force participation rate is at its lowest level since 1978, 36 years ago. If the participation rate was the same today as when Obama took office, the unemployment rate would be between 9-10%. As it is, U6 unemployment is double digits. Illinois is a microcosm.


  3. - wordslinger - Thursday, Jul 24, 14 @ 1:51 pm:

    Gee, what were Blago, MJM, and Emil doing in 2006 when unemployment was at 4.4%? They must have had all the answers!

    Wish I could say there was magic wand attributable to state government, but there’s not that I know of.

    There’s no energy boom — or retiree boom — which is driving high-growth areas in the United States.

    Mature economies in Western Europe and Japan have been experiencing the same problem for a while.

    The economic rock star of Europe, Germany, is blessed to have an enormous export market in the neighborhood in Russia and the former Soviet republics. No one wants in those countries wants to buy domestically made products because it’s all junk.

    They send Germany energy and raw supplies, Germany sends them cars and other manufactured goods.

    Seriously, what does Russia export except commodities, Stoly and nesting dolls? For crying out loud, the French, of all people, are building their Navy (thanks, NATO ally!).

    Where could you boost Illinois exports, both domestically and internationally? Don’t know. I do know that corn, beans and hogs will never be labor intensive again.

    Have to get more labor working all that land productively with more and different goods and services.


  4. - Grandson of Man - Thursday, Jul 24, 14 @ 1:53 pm:

    This past weekend something miraculous and new happened to me. I used my brain for gainful activity.

    I cherry-picked states and ranked them in accordance to the following criteria: one-year job growth percentage, current unemployment rate, percentage of people working at or below the minimum wages, percentage without health insurance, median household income, per capita income and unionization rate.

    Yes I cherry-picked states and data, but my simple research yields some interesting and predictable results.

    Texas, Indiana, Illinois, Texas, Florida, Massachusetts and Colorado are among the states I selected.

    Before anybody starts screaming about how we should have more laws like Texas and Florida, these two states are ranked lower than Illinois, and toward the bottom of the list.

    Massachusetts was number one, and two out of the next three are Minnesota and Colorado. North Carolina was the worst.

    Illinois ranks above many of the states I looked at, but it substantially lags behind the top states. Why? You guessed it: jobs. Jobs, jobs, jobs. We need more jobs. If we get them, and I really hope we do, we will be ranked among the top group of states.


  5. - Wally - Thursday, Jul 24, 14 @ 1:58 pm:

    Word, that 4.4% UE was the fault of George Bush!!!!


  6. - Formerly Known As... - Thursday, Jul 24, 14 @ 2:04 pm:

    This is not cherry-picking. This is concerning.

    A number of commenters provided some interesting points and counterpoints when Governor Quinn crowed about a reduction in the unemployment rate last week https://capitolfax.com/2014/07/17/todays-numbers-193-and-71/


  7. - Fed Up - Thursday, Jul 24, 14 @ 2:20 pm:

    well the state could hire some people to do the fracking licensing. Which would lead to job growth and revenue but the incompetence of the Quinn admin just cant get it together.


  8. - oz - Thursday, Jul 24, 14 @ 3:13 pm:

    I forgot to mention Illinois Caterpillar corps 17 consecutive months of declining revenues.

    It’s like the person that loses a job and then lives on a credit card until the credit runs out. That’s Illinois. Hanging onto the hopes and dreams of what once was


  9. - Rharaz - Thursday, Jul 24, 14 @ 3:20 pm:

    I think the population in Illinois was around 12.5M in 2004. Now it’s around 13M (~4% increase if I did the math correctly). If the number of working age people increased proportionately, we’ve likely gone backwards, as jobs created has likely not kept up with the increase in potential workers.


  10. - oz - Thursday, Jul 24, 14 @ 3:35 pm:

    wrt:

    * According to the Bureau of Labor statistics, in June of 2004, total Illinois employment was 5,932,487. Ten years later, in June of 2014, total Illinois employment was 6,068,068.

    ———————————————–
    That’s a nice way to spin the numbers but here’s another.

    The labor force size today in Illinois is the same as it was way back in 2006. Where did all the graduates entering the workforce go?

    The number of people in Illinois holding non-farm payroll positions is the same today as it was SIXTEEN YEARS AGO way back in 1998


  11. - Keyser Soze - Thursday, Jul 24, 14 @ 3:57 pm:

    Is the reduction in labor force due to boomer retirements or something else?


  12. - Wally - Thursday, Jul 24, 14 @ 4:04 pm:

    A little labor force reduction from boomer retirements, a lot in younger age groups.


  13. - nothin's easy... - Thursday, Jul 24, 14 @ 4:04 pm:

    Is the data reported factoring in the number of people leaving the workforce as a result of retiring? The most popular number being reported is 10,000 new social security recipients per day as the baby boomers move out of the workforce. The first of the baby boomers (born 1945) will turn 69 this year. The final year of the boomers (born 1964) turn fifty in 2014. Boomers represent approximately 33% of the workforce. These all factor into the numbers reported and also show why many employers favor more immigration.


  14. - Six Degrees of Separation - Thursday, Jul 24, 14 @ 4:08 pm:

    A small snapshot. For the UIUC law school class of 2013, the vast majority of those who found employment stayed in IL, somewhere around 70%…now the better question is, of the 70%, will they all stay here within 5 or 10 years. and is IL attracting graduates from other states, and how much.

    http://www.law.illinois.edu/career-services/student-employment-data


  15. - Precinct Captain - Thursday, Jul 24, 14 @ 5:04 pm:

    ==- Fed Up - Thursday, Jul 24, 14 @ 2:20 pm:==

    BUT THE PENSIONS OF THOSE WORKERS!


  16. - Yellow Dog Democrat - Thursday, Jul 24, 14 @ 5:49 pm:

    For the 28th time:

    Governors do not control economies.

    Presidents do not control economies.

    The Chamber loves to remind us that they are the job creators.

    Except when they are not creating jobs, in which case it is always somehow government’s fault.


  17. - Formerly Known As... - Thursday, Jul 24, 14 @ 6:28 pm:

    State government isn’t the only factor in job growth, but it certainly plays an important role in establishing the regulatory climate and fostering economic growth.

    State boundaries mark a difference in minimum wage and labor costs; infrastructure; environmental protection and land use; regulation of labor markets and the workplace, as well as worker’s comp costs and unionization rules; energy production, distribution, conservation, availability and cost; freight transport rates and routes; educational opportunities and skilled labor in the workforce; tax rates; and incentives.

    All of these things help determine everything from site selection for a new business to growth or expansion for an existing business and current employees.


  18. - Wally - Thursday, Jul 24, 14 @ 8:53 pm:

    So YDD, you are saying Madigan, Cullerton, Quinn, Blago and Daley had and have no impact on the Illinois economy?


  19. - wordslinger - Thursday, Jul 24, 14 @ 10:33 pm:

    –So YDD, you are saying Madigan, Cullerton, Quinn, Blago and Daley had and have no impact on the Illinois economy:–

    Here’s what I’ve come to believe: politicians claim so much credit for the good times, some people believe it. So when the bad times come, people blame them for that.

    The poster boy is Daley. He was given an enormous amount of credit, locally and nationally, for economic growth that he had nothing to do with.

    Meanwhile, he neglected or screwed up some of his core responsibilities, including fiscal stewardship.

    Illinois was booming during most of Blago’s one-and-a-half terms. Does anyone believe that he had anything to do with it? The guy who sat around at home all day in his jogging suits, watching cartoons and dreaming up crooked scores?

    North Dakota ain’t booming because of the governor there, whoever it is. Texas ain’t booming because of Rick Perry’s policies. If it was, MIssissippi would be booming, too.

    It’s important to hold politicians to their core responsibilities of human services — something we neglect to do when we pretend they’re Big Daddies who can make everyone rich.

    Don’t believe the hype of governors, or mayors, when they say they are creating jobs. Consumers create jobs, risk-takers create jobs, and the job of politicians is to do their limited-jobs and get out of the way.


  20. - wordslinger - Friday, Jul 25, 14 @ 12:17 am:

    –well the state could hire some people to do the fracking licensing. Which would lead to job growth and revenue but the incompetence of the Quinn admin just cant get it together. –

    Won’t argue with that. The law’s passed and there’s money on the table for the taking.

    It’s imperative for the executive to act with some earnestness; light some fires under his peeps to get it going.

    I think sometimes here in Illinois we lose sight of the idea that the major part of being governor is executive, running the show, demanding accountability and being responsible for the executive branch.

    Put it this way: Quinn gave the GA two options this year regarding the budget, both massive tomes filled with supporting data, enormous, time-consuming exercises: one with revenue from extending the tax increase, one without.

    The GA, which can and do whatever it wants, after months of hanging around, shooting the breeze, collecting per diems, and just living away from their homes in their own ways, booted the whole idea of doing anything.

    How cool is that?

    It will be cleaned up later, of course, but seriously, how much time should any executive of a multi-billion enterprise invest in a crew that is determined not to deal with their responsibilities?

    Time would be much better served riding herd on the good folks, no snark, doing their jobs, for the folks.


  21. - Anonymous - Friday, Jul 25, 14 @ 6:27 am:

    the underground economy must be growing


  22. - Sue - Friday, Jul 25, 14 @ 8:21 am:

    And of course raising the minimum wage is the answer- Wonder if any of those leftist Dems have ever taken a basic course in economics


  23. - reggieandtfe - Friday, Jul 25, 14 @ 10:14 am:

    Hey Sue, I wonder if any of these reactionary professional economists stepped outside of their bubble and looked at the real world.

    http://americasmarkets.usatoday.com/2014/07/07/study-states-that-raised-minimum-wage-had-stronger-job-growth/


Sorry, comments for this post are now closed.


* What's with the secrecy?
* Pawar on Madigan
* It's just a bill
* "I don't know what else they can do but go on strike"
* Trib defends Rauner's tenure
* Biss to decide on bid soon
* Rauner skips White House dinner attended by 46 governors
* Emulate Trump at your peril
* SUBSCRIBERS ONLY - Supplement to today’s edition
* SUBSCRIBERS ONLY - Today's edition of Capitol Fax (use all CAPS in password)
* Yesterday's stories

Support CapitolFax.com
Visit our advertisers...

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

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

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

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

...............
<


Loading


* Editorial: Domestic violence programs are victi.....
* Chance the Rapper Meeting With Illinois Governo.....
* Madigan forms school-funding panel; Rauner does.....
* Pawar on Madigan - The Capitol Fax Blog (blog)..
* Why Rauner’s quest for Medicaid savings is a bi.....
* Gov. Rauner Is Meeting With Chance The Rapper T.....
* Ald. Pawar casts himself as outsider in governo.....


* Cairo housing complex residents report poor conditions
* Doctors warn against teen pot use amid looser marijuana laws
* United Airlines' new destinations include Champaign
* EXCHANGE: Family dog key part of goose hunting expeditions
* 2nd murder trial for ex-Illinois prosecutor delayed 1 day
* 2nd murder trial for ex-Illinois prosecutor delayed 1 day
* Body recovered from river near downtown Chicago
* Illinois Tollway eliminating buckets that catch coin tolls
* Parking near Wrigley Field about to get more expensive
* Tight budget might mean no sheriff's patrols on Rock River

* Sanctuary issue draws dueling demonstrations to Capitol
* Rauner's office: Gov spends 55% of Illinois nights at Mansion
* Report: State senator's law firm dealings under scrutiny
* Durbin wants open look at Russian involvement in election
* Trump puts moderate GOP governors in awkward spot
* Economic stakes high for Springfield in labor showdown
* AFSCME authorizes strike, but still wants to bargain with Rauner
* AFSCME members authorize leaders to call strike
* Madigan forms Illinois House panel to address school funding
* Ex-U.S. Rep. Jackson gets about $138,400 in annual benefits

* Illinois Tollway eliminating buckets that catch coin tolls
* Tollway eliminating coin-catching buckets
* People with disabilities: The new diversity frontier
* Meet the Steppenwolf alum who won an Oscar last night
* Rauner's on a quest for more Medicaid savings


* Johnson defends changes to merit promotion process
* Prince Royce to play the Aragon
* Man charged with four Riverside home burglaries
* Oscars mistake puts consulting firm’s reputation in jeopardy
* Police: 4 Chicago teens caught burglarizing Jaguar dealership
* Toews, Kane feeding off each other during Hawks’ hot streak
* Solange, Tribe Called Quest announced as Pitchfork headliners
* Jesse Jackson Jr. speaks publicly for first time about divorce
* For first time ever, no snow in Chicago in January or February
* Ex-Dorothy Brown employee lied to grand jury, feared retaliation


* Ex-worker says he lied to grand jury out of fear of retaliation by Dorothy Brown
* When Sammy Davis Jr. messed up his Oscars announcement, he did it in style
* 60 years in prison for Aurora man caught with heroin, cash
* Church: Memorial wall of cremated remains damaged by remote-control cars
* PROOF that liberal protesters are paid
* Chicago man arrested in Evanston on charges for stolen gun
* Review: Ancient Rome menu at Next is the most fascinating in years
* Businesses roll out red carpet for 'Gary from Chicago' after star turn at Oscars
* Hyped White Sox prospect Yoan Moncada set for first spring start vs. Cubs
* LINDA C. BLACK HOROSCOPES for 2/27/17


» Doctors Warn Against Teen Pot Use Amid Looser Marijuana Laws
» Illinois Town In Trump Territory Backs Detained Immigrant
» Chicagoans Rally To Support Trans Rights After Trump Rescinds Student Protections
» Rauner Has Plan To Keep Government Running In Case Of Strike
» Congressman Rush Declares His Offices As Sanctuaries
» Weekend Funerals For Young Victims Of Chicago Violence
» CPS Relents, Returns $15 Million to Poorest Chicago Schools
» Doctors Discuss Alternatives To Opioids For Pain
» State Week: Will AFSCME Strike?
» Illinois Lawmakers: NEIU Student Workers Can Only Keep Jobs If State Passes Budget


* Sanctuary issue draws dueling demonstrations to Capitol
* Angie Muhs: It's time to name another Reader Advisory Board
* Bernard Schoenburg: Duckworth names 'thoughtful' former boss to downstate post
* Statehouse Insider: It's not the money, it's the appearance
* Our View: It's time for penance at the Capitol
* Rauner's office: Gov spends 55% of Illinois nights at Mansion
* Community Foundation: Sister's legacy lives on through scholarship fund
* Report: State senator's law firm dealings under scrutiny
* Durbin wants open look at Russian involvement in election
* Charles Krauthammer: Trump and the ‘Madman Theory’


* The track hoe was there to help build a road. Then someone took it for a joy ride.
* More early Spring-like weather ahead this week
* Roxana Police Chief: System back online after ransomware attack
* Iron Orchid personal training business adds Flow Spin
* U.N. issues list of 12 most dangerous bacteria
* Beyond half-court shot by 7th grader wins basketball tournament
* 02-27-17 Monday Morning Quarterbacks
* R-B School Board reviews maintenance projects
* Pinckneyville man dies in head-on crash on Illinois 154
* N-G Top 10: Boys' Basketball Week 14


* A day in the life of an election judge
* Cardinals place franchise tag on Chandler Jones
* US stock indexes veer higher in afternoon trading; oil rises
* Drugmakers pledge restraint, but prices will still soar
* AP-NORC Poll: US teens disillusioned, divided by politics

* Hultgren to join veterans' forum at Geneva...
* Hultgren to participate in veterans forum ...
* Majority of IL Congressional Delegation Op...
* Group upset with Trump wants Town Hall mee...
* Protesters converge on U.S. Rep. Randy Hul...
* GOP congressman appears to distance himsel...
* Rep. Hultgren: Illinois Economy Just Keeps...
* US Representative Randy Hultgren visits ne...
* Hultgren posts comments on health care ref...
* Hultgren criticizes immigration ban, Roska...

* IL Senator to host undocumented medical st......
* Second-Ranking Senate Democrat Wants Indep......
* Second-Ranking Senate Democrat Wants Indep......
* Durbin wants independent Russia probes as ......
* Durbin wants independent Russia probes as ......

* Duckworth, transit chiefs lay out hope for......
* Tammy Duckworth sets Commencement speaker ......

* Rauner's boycott of White House event doesn't set well with Trump supporters
* EXTRA: They ALL want our money!
* Weyermuller: Setting possible new selfie record at CPAC 2017
* Next Phase Of CTA Construction: Track Supports Leave Broadway, Escalator By May
* ‘Gary from Chicago’ was the ‘biggest star inside the 2017 Oscars,’ and other news
* Hitting Left with the Klonsky brothers #4.
* Leaky.
* SportsMonday: Hot Hawks Getting Schmaltzy
* An Internet-free ‘bookbar’ in Lincoln Park has banned laptops in favor of books and conversation
* Steve Bannon and “the destruction of the administrative state.”


* Governor Celebrates Black History Month
* Governor Bruce Rauner Honors Carnegie Hero From Buffalo Grove
* Governor Addresses State Board of Education to Emphasize Importance of Strong Accountability Standards
* Stars and Legends to Perform at 2017 Illinois State Fair - First Round of Grandstand Headliners Announced for Springfield Fair
* Earthquake Education Kiosk Unveiled at University Mall in Carbondale - IEMA, Central U.S. Earthquake Consortium project will help southern Illinois residents reduce damage, injuries from earthquakes

  
* LG G6 will only offer wireless charging, quad DAC in certain countries
* Apple Seeds Fourth Beta of watchOS 3.2 to Developers
* Say hello to a new set of Galaxy S8 leaks
* SanDisk Launches 256GB Flash Drive and Wireless Stick for iPhone and iPad
* Working Galaxy S8 and S8+ caught on (blurry) video, sharper hands-on pics also leaked
* Sony’s Xperia XZ Premium, XZs, XA1, and XA1 Ultra launch at MWC 2017
* MWC 2017: Apple and SAP Enterprise Partnership Launching First App in March

* Family support helps Gonzalez tune for Classic
* Rodon 'all good' as he eases into spring action
* White Sox motivated to emulate Cubs' success
* Asche gets White Sox started in Quintana's debut
* Collins, Moncada make Sox debuts in Cactus opener
* Fulmer looks to keep learning throughout spring
* Fulmer's strong start highlights Cactus opener


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

Archives
February 2017
January 2017
December 2016
November 2016
October 2016
September 2016
August 2016
July 2016
June 2016
May 2016
April 2016
March 2016
February 2016
January 2016
December 2015
November 2015
October 2015
September 2015
August 2015
July 2015
June 2015
May 2015
April 2015
March 2015
February 2015
January 2015
December 2014
November 2014
October 2014
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




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