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Illinois Unemployment Rate Matches Lowest on Record - August Payrolls Drop first time since January

​9/20/18 - The Illinois Department of Employment Security (IDES) announced today that the unemployment rate fell to 4.1 percent in August and nonfarm payrolls decreased by -5,200 jobs over-the-month, based on preliminary data provided by the U.S. Bureau of Labor Statistics (BLS) and released by IDES. The July job gain was revised down slightly from its initial report to show no growth. (+0 jobs versus +3,700 jobs).

Job growth moderated in the June to August period posting average monthly gains of +4,000 jobs over this three-month period, less than the prior 3-month average monthly gain of +8,300 jobs between May and July 2018.

“Illinois’ unemployment rate stood at 4.1% in August, matching the lowest rate on record,” said IDES Director Jeff Mays. “Even with the over-the-month drop, nonfarm payrolls have surpassed the prior business cycle peak of September 2000. Jobs are still up more than 47,000 over the year, led by manufacturing.”


Date Posted:9/20/2018
Illinois Employment Security Advisory Board Meeting Agenda

9/17/18 - This agenda for the Video/Teleconference Meeting, on September 20, 2018, at 10:00 A.M., conforms to the requirements of Section 2.02 of the Illinois Open Meetings Act (5 ILCS 120/02). Any individual planning to attend who will need an accommodation under the Americans with Disabilities Act should notify the ADA coordinator at (312) 793-9290 or (888) 340-1007 (TTY/Texnet).​


Date Posted:9/17/2018
Gov. Rauner Launches College and Career Planning Tool

9/6/18 -​ For the first time, Illinois high school students will have access to data which shows how much they might earn if they graduate from colleges and universities located in the state.  

ILCollege2Career.com, unveiled at Gov. Bruce Rauner's quarterly Children's Cabinet meeting today, links employment and higher education data so users can compare the relative earnings value of college degrees. The data is broken down by schools and area of study, so that students can compare the earnings potential of business degrees, for example, from different public and private institutions in the state.


Date Posted:9/6/2018
Unemployment Rate Falls in All Metros - Jobs Increase in Ten Metros - Fifth month this year that the unemployment rate fell in all metros

8/23/18 - Unemployment rates decreased over-the-year in July in all of Illinois’s metropolitan areas, 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 ten of the metropolitan areas.

“The number of employed people increased in all metro areas, which contributed to the decrease in the unemployment rate,” said IDES Director Jeff Mays. “This has driven the unemployment rate down to near record lows across the state. In fact, the Chicago metro area had its lowest July unemployment rate on record.”


Date Posted:8/23/2018
Illinois State Agencies Collaborate to Expand Mobile Services - Job Search and Recruiting Site Adds Mobility to Improve User Experience

​8/23/18 - The Department of Employment Security (DES) and Department of Innovation & Technology (DoIT) jointly announce the release of the IllinoisJobLink.com mobile functionality. IllinoisJobLink.com is a one-stop employment exchange in Illinois and is offered free of charge to both job seekers and employers. The system serves as the state’s hiring board, featuring more than 100,000 help-wanted ads.

“We continually look for ways to improve the IllinoisJobLink.com tool,” said IDES Director Jeff Mays. “This new enhancement will enable an easier engagement process for both job seekers and employers. One of our primary goals is to put people back to work while providing employers with a quality workforce.”


Date Posted:8/23/2018
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.”


Date Posted:8/16/2018
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.”


Date Posted:7/26/2018
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.”



Date Posted:7/19/2018
Redesigned Unemployment Insurance Online Application Is Now Available to the Public

7/18/18 - People now have an easier-to-use, streamlined application and the amount of time it takes to file online will be reduced. Redundant questions were removed and several new questions were added to improve job search assistance for veterans and migrant seasonal farmworkers. Military and federal workers can also use the tool.

This upgrade is part of a customer-centered focus IDES officials feel is crucial in serving the public. 

“One of the primary goals of this project was to improve the claimant online experience while continuing to maintain the integrity of the system by detecting and preventing fraud, said IDES Director Jeff Mays. “The new application will help to improve integrity measures. Later in the year, IDES will launch a modernized, mobile-friendly technology that will allow claimants to easily and securely request their bi-weekly benefit payment. That will be followed by a complete refresh of the agency website.”



Date Posted:7/18/2018
2018 Illinois Economic Report

​7/2/18 - The 2018 Illinois Economic Report is separated into two main sections.

The first section compares data for the U.S. with data for Illinois, Economic Development Region (EDR) 4 (Northeast Region that includes the Chicago metropolitan area in Illinois), and IL BOS (The balance-of-state of Illinois remaining after subtracting out EDR 4). This section shows distinctions in the economy, labor force and demographic characteristics between EDR 4 and IL BOS.

The second section of the report allows for comparisons between the ten EDRs for roughly the same types of data covered in the first section. Data for population, industry composition, economic production and cost of living is compared for the regions.

 


Date Posted:7/2/2018
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