Illinois’ unemployment rate was steady at 4.9% in January and nonfarm payroll also remained largely unchanged, according to the Illinois Department of Employment Securities (IDES) most recent report. Compared to a year ago, total nonfarm payroll jobs increased by +36,000 jobs, the March 12 report based on data provided by the U.S. Bureau of Labor […]
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Illinois' unemployment rate was steady at 4.9% in January and nonfarm payroll also remained largely unchanged, according to the Illinois Department of Employment Securities (IDES) most recent report.
Compared to a year ago, total nonfarm payroll jobs increased by +36,000 jobs, the March 12 report based on data provided by the U.S. Bureau of Labor Statistics (BLS) said. The industry groups with the largest increases in jobs compared to a year ago included: Private Education and Health Services, +27,500; Government, +25,300; and Leisure and Hospitality. +5,800.
The industry groups with the largest decreases in jobs over last year included: Professional and Business Services, -17,800; Manufacturing -5,900; and Construction, -3,400.
In January, total nonfarm payrolls were up +0.6% over-the-year in Illinois and up +1.3% in the nation.
The Illinois unemployment rate was +0.9 percentage point higher than the national unemployment rate reported for January. The national unemployment rate was 4% in January, down -0.1 percentage point from the previous month. The State of Illinois’ unemployment rate was unchanged from a year ago when it was 4.9%.
IDES also reported that the December monthly change in payrolls was revised from the preliminary report, from +8,800 to +12,200 while the revised unemployment rate was 4.9%, or -0.3 percentage point lower than the preliminary December unemployment rate of 5.2%.
