SPRINGFIELD, IL (Chambana Today) – The Illinois Department of Employment Security (IDES) announced that the unemployment rate has stabilized.
The unemployment rate was unchanged at 4.9 percent since January based on data from the U.S. Bureau of Labor Statistics (BLS), and released by IDES. This puts it at a -0.3 percentage point lower than the preliminary December unemployment rate of 5.2 percent. Compared to a year ago, nonfarm payroll jobs increased by 36,000 jobs.
Jobs increases:
- Private Education and Health Services: +27,500
- Government: +25,300
- Leisure and Hospitality: +5,800
Jobs decreases:
- Professional and Business Services: -17,800
- Manufacturing: -5,900
- Construction: -3,400
“Despite significant uncertainty and disruption at the federal level, Illinois’ labor market and unemployment remained steady in January, and we’re encouraged to see 36,000 jobs created in Illinois compared to one year ago,” said Deputy Governor Andy Manar. “Looking ahead, IDES and its state and local workforce partners continue to serve jobseekers and provide resources to bolster Illinois’ unmatched workforce.”
“Continued stability in our state’s workforce is a testament to DCEO’s commitment to ensuring Illinoisans have the resources and tools they need to obtain employment,” said DCEO Director Kristin Richards. “We are dedicated to building upon this momentum to bolster the state’s economy.”