Capitol Fax.com - Your Illinois News Radar » Unemployment rate falls below 5 percent for first time in a decade
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 falls below 5 percent for first time in a decade

Thursday, Apr 20, 2017

* From IDES…

The Illinois Department of Employment Security (IDES) announced today that the unemployment rate declined -0.5 percentage points to 4.9 percent in March and nonfarm payrolls decreased by -8,900 jobs over-the-month, based on preliminary data proved by the U.S. Bureau of Labor Statistics (BLS) and released by IDES. February job growth was revised down to show an increase of +14,800 jobs rather than the preliminary estimate of +25,600 jobs. March’s monthly payroll gain kept over-the-year job growth well below the national average. The March drop coupled with February’s downward revised gain means that Illinois remains -19,600 jobs short of reaching its prior peak employment reached in September 2000.

“Illinois payrolls weakened in March, just like they did for the nation,” said IDES Director Jeff Mays. “The usual pattern is that Illinois weakens more than the nation but grows less than the national average when both are on the upswing. This persistent lag in job growth explains why it took 10 years to push the unemployment rate below 5 percent.”

“Our state has the potential to be the most competitive in the nation,” said Illinois Department of Commerce & Economic Opportunity Director Sean McCarthy. “To expand opportunities and good paying jobs, we need to make common sense reforms that will give businesses the confidence to grow and thrive in Illinois.”

In March, the three industry sectors with the largest gains in employment were: Leisure and Hospitality (+4,200); Other Services (+1,300); and Trade, Transportation and Utilities (+900). The largest payroll declines were in the following sectors: Construction (-7,100); Professional and Business Services (-3,600); and Government (-1,900).

Over-the-year, nonfarm payroll employment increased by +25,500 jobs with the largest gains in these industry sectors in March: Education and Health Services (+15,900); Financial Activities (+8,900); and Leisure and Hospitality (+7,100). Industry sectors with the largest over-the-year declines include: Manufacturing (-6,500); Construction (-4,900); and Government (-3,800). The +0.4 percent over-the-year gain in Illinois is about one-third as strong as the +1.5 percent gain posted by the nation in March.

The state’s unemployment rate is +0.4 percentage points higher than the national unemployment rate reported for March 2017, which decreased to 4.5 percent. The Illinois unemployment rate is down -1.2 percentage points from a year ago when it was 6.1 percent. At 4.9 percent, the Illinois jobless rate stands at its lowest level since June 2007, after having decreased for two consecutive months.

The number of unemployed workers decreased -8.4 percent from the prior month to 322,800, down -19.1 percent over the same month for the prior year. This brings the number of unemployed workers to its lowest level since May 2007.The labor force decreased -0.1 percent over-the-month and declined by -0.6 percent in March over the prior year. The unemployment rate identifies those individuals who are out of work and are seeking employment. An individual who exhausts or is ineligible for benefits is still reflected in the unemployment rate if they actively seek work.

- Posted by Rich Miller        

19 Comments
  1. - Huh? - Thursday, Apr 20, 17 @ 12:23 pm:

    So are we competitive enough yet to be compassionate?


  2. - RNUG - Thursday, Apr 20, 17 @ 12:24 pm:

    Guess that’s why they can’t fill those vacant State jobs; everybody is already working!


  3. - Been There - Thursday, Apr 20, 17 @ 12:26 pm:

    ===An individual who exhausts or is ineligible for benefits is still reflected in the unemployment rate if they actively seek work.====
    How do they know? I lost my job in Nov 2015 and received benefits. After they expired I never heard from them again. I am self employed now so they have no idea what I am up to now. Am I still one of the unemployed?


  4. - Anonymous - Thursday, Apr 20, 17 @ 12:30 pm:

    So is this bad news more proof that the state needs Rauner’s reforms, or is this good news that Rauner’s plan is working? I can’t quite tell.


  5. - Lucci - Thursday, Apr 20, 17 @ 12:32 pm:

    Payroll jobs portion was bad. Household survey portion was pretty good.

    Biggest thing I see is that last month’s jobs # was revised down and this month was a loss. As a result, Illinois no longer has surpassed its peak jobs count from Sept 2000.

    Sept 2000: 6,054,900
    Feb 2017: 6,044,200
    March 2017: 6,035,300

    Still -19,600 since 2000. Last month we thought we’d surpassed that 2000 number.


  6. - Chairman McBroom - Thursday, Apr 20, 17 @ 12:35 pm:

    “This brings the number of unemployed workers to its lowest level since May 2007.”

    Waiting for Illinois Working Together’s exhaustive press release with a healthy dose of finger-pointing and data manipulation. I won’t hold my breath.


  7. - Ducky LaMoore - Thursday, Apr 20, 17 @ 12:41 pm:

    ===Guess that’s why they can’t fill those vacant State jobs; everybody is already working!===

    The badmouthing of working for the state has worked. Nobody wants to work for the state. And if they do, they look at what tier 1 gets vs tier 2 and don’t want to fund their parents retirement.


  8. - Ok - Thursday, Apr 20, 17 @ 12:46 pm:

    This is a faulty report as usual. There still is no jobs to be found.


  9. - Lucci - Thursday, Apr 20, 17 @ 12:49 pm:

    Also it’s worth noting that the unemployment rate is the lowest since June 2007, however Illinois has 116,500 fewer people working than in June 2007.

    A lot of working age people have left the state. We have the same unemployment rate as in 2007 with a smaller labor force and smaller number of people actually working.


  10. - A guy - Thursday, Apr 20, 17 @ 12:52 pm:

    === I lost my job in Nov 2015 and received benefits. After they expired I never heard from them again. I am self employed now so they have no idea what I am up to now. Am I still one of the unemployed?===

    Are you filing a Illinois State income tax return? If you are, you are not “unemployed” to them. If you aren’t, you may be. They are indexing the number off of claims, so when you exhaust those benefits, you slip out of the official statistic category.

    Hope your new situation is working out for you.


  11. - Dublin - Thursday, Apr 20, 17 @ 1:01 pm:

    ===Been There

    How do they know?===

    Haha! You think they don’t know what you’re doing? Funny!


  12. - Simple Simon - Thursday, Apr 20, 17 @ 1:20 pm:

    See? Term limits and a balanced budget did the trick! Oh, wait…


  13. - Former IL Resident - Thursday, Apr 20, 17 @ 1:21 pm:

    After watching the Board of Elections hearing on the Mautino matter today, I’m beginning to think that another state job will be opening up soon…


  14. - GOPgal - Thursday, Apr 20, 17 @ 1:33 pm:

    Optimism on the rise across American, even in Illinois. Thank you President Trump.

    Thanks for nothing Gov. Rauner and all Illinois state officials of both parties.


  15. - Ok - Thursday, Apr 20, 17 @ 2:00 pm:

    Fake news!


  16. - Michelle Flaherty - Thursday, Apr 20, 17 @ 2:13 pm:

    Those self-imposed Senate leadership term limits have really had an economic impact.


  17. - say what - Thursday, Apr 20, 17 @ 2:16 pm:

    Someone needs to tell the governor that the salaries at ides are way above Right to Work wages (non-union ) .


  18. - Anon - Thursday, Apr 20, 17 @ 3:37 pm:

    I want to rate them, but I can’t bring myself to watch. I’m confident I didn’t miss anything.


  19. - Demoralized - Thursday, Apr 20, 17 @ 4:19 pm:

    ==we need to make common sense reforms ==

    That line is in every single one of their releases. I’ve quit paying any attention to IDES because their credibility is shot when they put that kind of stuff in their releases.


Sorry, comments for this post are now closed.


* Legionnaires' Disease again plaguing state's veterans home
* Republican Party mocks Pritzker, Kennedy for not releasing their tax returns
* Random Twitter likes
* WBEZ Investigation: CPS Secretly Overhauled Special Education At Students’ Expense
* Question of the day
* Kankakee's "innovative" plan will allow Amazon execs "to create their own incentive package"
* Some "experts" confounded by latest bond sale
* Rauner administration preparing cuts
* *** UPDATED x4 - Manar, DGA, IWT, IMA respond *** Illinois loses out on Toyota/Mazda plant
* Kennedy and Rush keeping it all in the family
* Manar: "There's a financial incentive for Facebook to allow lies"
* Statehouse women fight back against sexual harassment
* New SEIU radio ad rips Rauner's home services overtime cuts
* Rauner to unveil potentially huge Chicago project
* Dems talk taxes at forum
* Chris Kennedy warns high-dollar campaigns could mean "the end of American democracy"
* *** UPDATED x1 - ILGOP responds *** Pritzker responds to "The Madigan Question" by saying he favors term limits for legislative leaders
* *** UPDATED x1 - RAGA responds *** Ruiz announces for AG
* Dem candidates make big promises on the environment
* SUBSCRIBERS ONLY - Today's edition of Capitol Fax (use all CAPS in password)
* Yesterday's stories

Support CapitolFax.com
Visit our advertisers...

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

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

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


Loading


* LISTEN: Will state lawmakers take up gun contro.....
* Illinois Borrows $1.5 Billion at Reduced Intere.....
* MANAR: GOP Using ‘Russian Tactics’ In Latest So.....
* South Loop riverfront mega-development to inclu.....
* University of Illinois proposes building Chicag.....
* Governor, UI to launch public-private research .....
* Democrats Blast Rauner Over Summer Budget Cuts..
* A bumpy road in protecting transportation funds..
* Chris Kennedy: What Mike Madigan is doing shoul.....


* Exploding ammunition stymie firefighters in fatal fire
* Correction: Newspaper Executive-Death story
* Judge to hear arguments on tribe's pipeline contingency plan
* Ex-East St. Louis linebacker sues, says has brain damage
* Chicago's mayor proposes $8.6 billion city budget for 2018
* Schock prosecutors say they never admitted misleading judge
* U of Illinois proposes building Chicago innovation center
* Chicago's top cop back at work after kidney transplant
* Roundy's recalls chili, soup; possible plastic contamination
* 2 plead guilty to bringing teens to Iowa for prostitution

* Under the Dome Podcast: Will lawmakers address gun control during the veto session?
* Chicago lawyer announces bid for Illinois attorney general
* Illinois borrows $1.5B at reduced interest to pay down debt
* Rauner cuts human services, other area in state budget
* Pritzker makes list of richest Americans; Rauner releases tax returns
* Pritzker makes list of richest Americans; Gov. Rauner doesn't
* Pritzker makes list of richest Americans, Gov. Rauner doesn't
* Chicago officially submits bid for Amazon's 2nd headquarters
* New University of Illinois medical school to grant full scholarships
* 'Johnny Appleseed' trees to mark Illinois bicentennial

* How many layoffs and where? Northern Trust unveils cost cuts
* How many layoffs and where? Northern Trust launches cost-cutting plan
* Navistar sued again in ongoing engine dispute
* Why is Tootsie Roll even a public company?
* The worst gender pay gap in Chicago?


* ‘Gritty and grind-y’ Bears vow to keep up their ground attack
* American Express CEO Kenneth Chenault to retire next year
* Police: Suspect violently robbed elderly man at Loop Brown Line stop
* NFL not changing its national anthem policy: Goodell
* BROWN: Puerto Rican hurricane relief, one suitcase at a time
* Cubs announce Game 4 lineup, Almora and Baez in, Heyward sits
* Trump’s tough task: Echo Reagan’s leadership on taxes
* Dow closes above 23,000 for the first time
* Bears’ birthday tweet for Mike Ditka makes some unhappy
* Karen Pence: ‘All of us could benefit from art therapy’


* Photos released in robbery of 81-year-old at Loop CTA 'L' station
* Republican says he'll push bipartisan health deal; Trump keeps distance
* Is India starting to flex its military muscles?
* Federal judge orders Trump administration to allow abortion for pregnant, undocumented teen
* 5 shot, 3 dead in Maryland office park shooting, gunman on the run, Harford sheriff says
* Trump offered a grieving military father $25,000 in a call, but didn't follow through
* NFL doesn't enact anthem policy, but Roger Goodell says 'We believe everyone should stand'
* Surprise, rookie Lauri Markkanen will start Thursday vs Raptors
* GOP tax plan allows corporations to keep tax break lost by millions of Americans
* Former Chicago-area teacher charged with child porn possession gets probation in plea agreement


» Illinois Bond Sale To Help Pay $16bn Debts
» Mayor To Propose Higher Prices For Ridesharing, Big Concerts
» WBEZ Investigation: CPS Secretly Overhauled Special Education At Students’ Expense
» How's The Illinois Economy? For Rauner Administration, Depends On The Audience
» Online Locator Tool Aims to Make Recycling Easier
» State Week: Prison Assaults, Pawar's Exit
» Lawmakers Urged To Override Life Insurance Veto
» Ameya Pawar Ends Campaign for Governor
» Union Says Prison Inmate Assaults On Guards Up 51%
» Union Says Attacks On Prison Guards Are Up


* Under the Dome Podcast: Will lawmakers address gun control during the veto session?
* Chicago lawyer announces bid for Illinois attorney general
* Joe McMenamin: Aldermen and big money
* E.J. Dionne: Reformers: Be ready when your time comes
* Byron York: What's behind Trump's new executive actions
* Catherine Rampell: Trump's tax proposal won't actually help the middle class. Here's what would.
* Michael Gerson: The religious right has become a tribe of sycophants
* Our View: Don’t need to spend a bundle for bicentennial to have meaning
* Illinois borrows $1.5B at reduced interest to pay down debt
* Rauner cuts human services, other area in state budget


* Streator's OSF Center for Health to receive $30.5M renovation
* Food Fare: McLean County restaurant inspections Sept. 12-24
* A centennial moment: 'There's farming to be done'
* Here’s when Sugarfire expects to open in O’Fallon
* Police warn of traffic in Aviston as jackpot approaches $450,000
* Man found by family morning after fatal motorcycle accident on interstate ramp
* Carbondale man sentenced on meth charge
* Illinois will not get 4,000-job Toyota/Mazda factory
* Illinois will not get 4,000-job Toyota and Mazda factory
* 'State funding has been one of our biggest challenges' superintendent says


* Kane County to spend $100,000 more on naloxone to fight overdoses
* Mariano's parent recalls chili, soup served at salad bar
* Negotiations resume today in District 15 support employees strike
* Almora leads off; Schwarber in Cubs lineup vs. lefty Alex Wood
* Camping World plans Pittsburgh expansion

* Rep. Randy Hultgren announces 2017 Congres...
* Democratic 14th Congressional District can...
* Hundreds of high school students tour Smit...
* GOP congressmen say Rauner 'let down' Illi...
* Democratic candidates square off in Kendal...
* Hultgren 'disappointed' about potential re...
* Rival: Kinzinger not conservative - MyWebT...
* Naperville's Lauren Underwood to run for R...
* Measure extends term of FSOC independent m...
* Dissident artist Ai Weiwei and US Rep. Ran...

* Sessions Suggests Social Security Employee......
* Jeff Sessions Just Refused To Say If His R......
* Sessions tangles with Durbin over Chicago ......
* Can federal workers blatantly discriminate......
* Jeff Sessions never thought 'religious fre......

* Tammy Duckworth places hold on two of Trum......
* Sen. Tammy Duckworth blocks key EPA nomine......

* “The Driver’s Side” – News From The Motorist’s Perspective
* Chicagoetry: My Bastard Heart
* Pamela Bannos’s Vivian Maier: A Photographer’s Life and Afterlife, reviewed
* JASC Presents Holiday Delight/Kodomo Matsuri - Craft Bazaar & Children's Festival
* Sarah Karp’s report on Forrest Claypool’s secret study, special ed service cuts and outrageous consultant fees. $15 million for proof reading?
* Fundraiser for relief efforts in Mexico and Puerto Rico set for October 23
* Emanuel proposes ride-sharing fee increases, 911 phone tax increases in 2018 budget, and other Chicago news
* Will Chgo mystery bid entice Amazon?
* “The Driver’s Side” – News From The Motorist’s Perspective
* Sheridan Park Student Awarded Prestigious STEM Scholarship


* Illinois Awarded Funds to Offer Advanced Training on Detecting Impaired Driving
* Illinois EPA Announces Upcoming Household Hazardous Waste Collection Events
* IEMA Highlights Emergency Preparedness for People with Access and Functional Needs in May - Ready Illinois website offers preparedness tips for people, caregivers
* First Lady Launches Illinois Family Connects
* Governor and Lt. Governor Unveil 2016 Journal of Local Government Shared Service Best Practices

  
* eBay is having a pretty bad day
* Verizon opens enrollment for Total Mobile Protection with $29 screen repairs
* Facebook Officially Rolling Out 'Explore Feed' for Finding Non-News Feed Content
* Essential Products sued by company backed by Tony Fadell
* Apple Pay May Launch in the Netherlands and Poland Later This Year
* Verizon Lowering Cracked Screen Repair Fee to $29 for Customers Enrolled in Total Mobile Protection
* Google’s pop-up stores will sell Pixels and Google Homes this year

* We may as well talk radical realignment
* Adolfo 'grew up,' hit his stride in 2017
* The top 11 White Sox winners of 2017
* Mid-October White Sox fall ball update
* Inbox: Has White Sox Draft strategy evolved?
* Podcast: 2017 White Sox Outfielders Review
* Sox Century: Oct. 15, 1917


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

Archives
October 2017
September 2017
August 2017
July 2017
June 2017
May 2017
April 2017
March 2017
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