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Illinois Payrolls Up for Sixth Straight Month - Unemployment Rate Drops to 4.2%

​8/16/18 -  note: The July 2018 Illinois Employment/Unemployment Press release was inadvertently released at 10:30 AM today instead of 12 PM.

The Illinois Department of Employment Security (IDES) announced today that the unemployment rate fell to 4.2 percent in July and nonfarm payrolls increased by +3,700 jobs over-the-month, based on preliminary data provided by the U.S. Bureau of Labor Statistics (BLS) and released by IDES. The June job gain was revised down slightly from its initial report to show a smaller gain. (+17,200 jobs versus +18,100 jobs).

Job growth accelerated in the May to July period posting average monthly gains of +9,500 jobs over this three-month period, more than the 6-month average monthly gain of +8,200 jobs between February and July 2018.

“The state’s unemployment rate continued its downward trend in July and stands at its lowest point in 18 years,” said IDES Director Jeff Mays. “Illinois payroll employment also saw its largest over-the-year gain in more than two years.”

Jobs Increase in Nine Metros - Unemployment Rate Falls in Six Metros - Pace of job growth increases

​​7/26/18 - Unemployment rates decreased over-the-year in June in six of Illinois’s metropolitan areas, increased in 7 and was unchanged in one, according to preliminary data released today by the U.S. Bureau of Labor Statistics (BLS) and the Illinois Department of Employment Security (IDES). Data also show nonfarm jobs increased in nine of the metropolitan areas.

“The increase in the unemployment rate in seven of the metros was largely due to an increase in the overall labor force brought on by renewed confidence in the local economy,” said IDES Director Jeff Mays. “Many people that were unemployed are now out looking for work as more jobs are available.”

Illinois Payrolls Jump +18,100; Unemployment Rate Steady at 4.3%

7/19/18 (​CHICAGO) – IDES announced today that the unemployment rate held steady at 4.3 percent in June and nonfarm payrolls increased by +18,100 jobs over-the-month, based on preliminary data provided by the U.S. Bureau of Labor Statistics (BLS) and released by IDES. The May job gain was revised down slightly from its initial report to show a smaller gain. (+7,700 jobs versus +8,600 jobs).

Job growth accelerated in the April to June period posting average monthly gains of +9,500 jobs over this three-month period, more than the 6-month average monthly gain of +7,500 jobs between January and June 2018.

“June’s payroll gain is the largest in 12 months and the third largest in 24 months,” said IDES Director Jeff Mays. “Illinois’ unemployment rate held steady in June and stands at its lowest point in 12 years.”


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Message regarding your 1099-G​

1/12/18 - If you collected unemployment insurance benefits in 2017, you will need the 1099-G tax form to complete federal and state tax returns. If you chose to receive your 1099-G electronically, you can access it here.
It’s easy.
Click the link Get Your Tax Information, and sign into your account. If you did not choose electronic notification, your form will be mailed to you by January 29th, to the last address we have on file.​
Please contact the Unemployment Insurance Claims Hotline at 1-800-244-5631 if you have any questions.
Use MyTax Illinois to Complete Your Illinois Unemployment Insurance Processin​g – All Online!

Employers can now use MyTax Illinois to complete all your unemployment insurance (UI) tax processes. There are now even more features and functionality to better serve your needs.

With MyTax Illinois, employers will be able to:
  • ✓ File your UI wage reports and make your payments quickly and easily
  • ✓ Request refunds online – get your refunds faster
  • ✓ Submit tax appeals electronically
  • ✓ Request penalty/interest waivers
  • ✓ Maintain Power of Attorney relationships
  • ✓ Report quarterly zero wages
  • ✓ View your new annual rates immediately
  • ✓ Set up a deferred payment plan
  • ✓ See all your tax related IDES letters and correspondence online
  • ✓ And much, much more...
We encourage you to fully utilize MyTax Illinois mytax.illinois.gov for all your State of Illinois tax needs. Please visit the IDES Employer Update page at www.ides.illinois.gov/MyTaxUI or contact the IDES Employer Hotline at 1-800-247-4984 for more information.  Thank you!
 
Jeffrey D. Mays 
Director, IDES 
February 2018 

 
 
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