Capitol Fax.com - Your Illinois News Radar » State unemployment rate still lags nation by almost a point
SUBSCRIBE to Capitol Fax      Advertise Here      Mobile Version     Exclusive Subscriber Content     Updated Posts    Contact
CapitolFax.com
To subscribe to Capitol Fax, click here.
State unemployment rate still lags nation by almost a point

Thursday, Nov 17, 2022 - Posted by Rich Miller

* IDES…

The Illinois Department of Employment Security (IDES) announced today that the unemployment rate increased +0.1 percentage point to 4.6 percent, while nonfarm payrolls increased by +3,600 in October, based on preliminary data provided by the U.S. Bureau of Labor Statistics (BLS) and released by IDES. The September monthly change in payrolls was revised from the preliminary report, from +14,500 to +14,100 jobs. The September unemployment rate was unchanged from the preliminary report, remaining at 4.5 percent. The October payroll jobs estimate and unemployment rate reflect activity for the week including the 12th.

In October, the industry sectors with the largest over-the-month gains in employment include: Trade, Transportation and Utilities (+2,800), Leisure and Hospitality (+2,300), Manufacturing (+1,800), and Professional and Business Services (+1,800). The industry sectors that reported monthly payroll declines included: Government (-8,100) and Information (-100).

“Job growth throughout the state has remained strong for nearly a year and a half, and the most recent data is evidence that workers are engaged in the growing labor market,” said Deputy Governor Andy Manar. “IDES is committed to providing jobseekers and employers with the resources necessary to take advantage of the many newly created jobs across industries.”

“Over the past year, Illinois has continued to exhibit positive long-term employment trends, with considerable improvement in the state’s unemployment rate, and the addition of nearly 192,000 new jobs,” said DCEO Director Sylvia I. Garcia. “DCEO continues to support economic recovery throughout the state through marquee economic development programs that attract job creators, help Illinois businesses grow, and support job-seekers through statewide resources and programs.”

The state’s unemployment rate was +0.9 percentage point higher than the national unemployment rate reported for October, which was 3.7 percent, up +0.2 percentage point from the previous month. The Illinois unemployment rate was down -0.7 percentage point from a year ago when it was at 5.3 percent.

Compared to a year ago, nonfarm payroll employment increased by +191,900 jobs, with gains across nearly all major industries. The industry groups with the largest jobs increases include: Trade, Transportation and Utilities (+46,400), Leisure and Hospitality (+43,700), and Professional and Business Services (+35,500). The Mining sector reported a small decrease in payroll employment (-200). In October, total nonfarm payrolls were up +3.3 percent over-the-year in Illinois and up +3.6 percent in the nation.

The number of unemployed workers rose from the prior month, a +2.6 percent increase to 298,200 and was down -10.9 percent over the same month one year ago. The labor force was down slightly (-0.2 percent) over-the-month and up +1.5 percent over-the-year. The unemployment rate identifies those individuals who are out of work and seeking employment. An individual who exhausts or is ineligible for benefits is still reflected in the unemployment rate if they actively seek work.

In May 2020, Governor Pritzker launched Get Hired Illinois, a new one-stop-shop website to help connect job seekers with hiring employers in real time. The site features virtual job fairs, no-cost virtual training, and includes IllinoisJobLink.com (IJL), the state’s largest job search engine, which recently showed 48,975 posted resumes with 141,403 available jobs.

Deets…

From Monday

Illinois has reached six consecutive months of record-low unemployment claims, according to the Illinois Department of Employment Security (IDES).

The most recent data shows that Illinois has stayed below the 70,000 claims threshold for 26 consecutive weeks with a little more than 57,000 continued claims as of last week.

The IDES said Illinois has seen payroll job growth for 16 consecutive months.

“I’m not surprised at all because you can go to any business right now and they have one thing in common, they’re all looking for help,” said Mike Murphy, CEO of the Springfield Chamber of Commerce.

* Meanwhile…

Attorney General Kwame Raoul today announced charges against a Cook County man who allegedly collected government assistance using stolen identities during the COVID-19 pandemic. The charges are the most recent resulting from the Attorney General’s Task Force on Unemployment Insurance Benefits Fraud’s monthslong investigation into unemployment insurance benefits fraud. Working closely with state and federal agencies, Raoul’s office previously charged several individuals throughout Illinois for fraudulently collecting government assistance, including state unemployment benefits and loans from the U.S. Small Business Administration (SBA).

“Thousands of struggling Illinois residents and small businesses were forced to rely on unemployment benefits and loans from the SBA during the height of the pandemic,” Raoul said. “Those who used the crisis to commit fraud and steal from the government also slowed the processing of legitimate claims. These charges are the result of months of tireless investigation by the Task Force on Unemployment Insurance Benefits Fraud and our partner agencies. I am committed to the continued work of the task force to ensure individuals are held accountable for their theft at a time when many Americans desperately needed help.”

“It’s appalling and disappointing the lengths to which individuals were willing to go to defraud the vital resources and funds meant for vulnerable workers who were displaced during the pandemic,” said Illinois Department of Employment Security Director Kristin Richards. “IDES is thankful to the Task Force on Unemployment Insurance Benefits Fraud for the tireless work they’ve done to position prosecutors to bring charges against these individuals.”

Kaquanice Larry, 27, of Mt. Prospect, was arraigned today in Will County after being arrested Wednesday, Nov. 16. Raoul’s office previously charged Whitney Flowers, 22, of Glen Ellyn, who, along with Larry, allegedly filed for unemployment benefits with the state of Illinois using identifying information they stole from three victims. Raoul alleges the pair obtained approximately $75,000 in fraudulent unemployment benefits. Raoul’s office is also alleging Larry filed for Paycheck Protection Program (PPP) loans in the name of a fictitious company. He received two loans of approximately $20,000 each, and both PPP loans were forgiven by the SBA.

       

8 Comments
  1. - cermak_rd - Thursday, Nov 17, 22 @ 12:57 pm:

    I am enjoying the prosecutions of these cheaters during the pandemic. I bet they thought they’d gotten away with it.


  2. - Candy Dogood - Thursday, Nov 17, 22 @ 1:18 pm:

    I bet if the Governor found a way to fill the thousands of unfilled positions in his administration that the direct employment and indirect employment caused by that would help with this number.


  3. - LOL - Thursday, Nov 17, 22 @ 1:28 pm:

    Pretty sure we’ve been at record low unemployment in the state for a significant amount of time, so not sure these percentage numbers really mean much.


  4. - Roger Dat - Thursday, Nov 17, 22 @ 1:52 pm:

    I now possess the fundamental right under tbe state constitution to collectively bargain but I don’t have a job so not sure it means much.


  5. - Ron Burgundy - Thursday, Nov 17, 22 @ 2:07 pm:

    Well thanks for sharing, Pat. A simple call to a reporter would have sufficed.


  6. - Dirty Red - Thursday, Nov 17, 22 @ 2:35 pm:

    Those final 2021 numbers are pretty nice considering everything else that was going on then with the pandemic and hiring trends.


  7. - walker - Thursday, Nov 17, 22 @ 3:50 pm:

    There is a level at which a low unemployment number represents a labor shortage which limits business and economic growth. Experts differ on what it is, but it’s not far from where we are now.


  8. - Amalia - Thursday, Nov 17, 22 @ 4:14 pm:

    Larry Sabato, the candidates for Supreme Court in Illinois were not weak. They are on the wrong side of the issues.


TrackBack URI

Sorry, comments for this post are now closed.


* Reader comments closed for the weekend
* Afternoon roundup
* Pritzker's office, IDOT say consulting bills, lack of new paperwork holding up funding for Cairo Port project
* How states are scrambling to address teacher shortages
* Not as great as it sounds, but whatevs
* SUBSCRIBERS ONLY - Today's edition of Capitol Fax (use all CAPS in password)
* Morning briefing
* Open thread
* Live coverage
* Yesterday's stories

Support CapitolFax.com
Visit our advertisers...

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

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

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

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

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

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


Loading


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

Archives
February 2023
January 2023
December 2022
November 2022
October 2022
September 2022
August 2022
July 2022
June 2022
May 2022
April 2022
March 2022
February 2022
January 2022
December 2021
November 2021
October 2021
September 2021
August 2021
July 2021
June 2021
May 2021
April 2021
March 2021
February 2021
January 2021
December 2020
November 2020
October 2020
September 2020
August 2020
July 2020
June 2020
May 2020
April 2020
March 2020
February 2020
January 2020
December 2019
November 2019
October 2019
September 2019
August 2019
July 2019
June 2019
May 2019
April 2019
March 2019
February 2019
January 2019
December 2018
November 2018
October 2018
September 2018
August 2018
July 2018
June 2018
May 2018
April 2018
March 2018
February 2018
January 2018
December 2017
November 2017
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




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