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FOR IMMEDIATE RELEASE
October 18, 2012

Illinois Adds 13,800 Jobs and Rate Falls to 8.8 Percent
Rate Drops for 10th time in 13 Months

CHICAGO – Illinois added +13,800 jobs in September and the unemployment rate fell for the 10th time in the past 13 months to reach 8.8 percent, according to preliminary data released today by the U.S. Bureau of Labor Statistics and the Illinois Department of Employment Security (IDES). The data is seasonally adjusted.

“Today’s news is encouraging because it reinforces the trend of continued job growth,” IDES Director Jay Rowell said. “What we don’t know is how federal decisions regarding the fiscal cliff will impact Illinois’ economy.”

Illinois added +157,200 private sector jobs since January 2010 when job growth returned to Illinois following nearly two years of consecutive monthly declines. Leading growth sectors are Professional and Business Services (+83,100); Manufacturing (+41,200); and Educational and Health Services (+38,400). Government has lost the most jobs since January 2010, down -27,300.

September 2012 job gains were driven by Professional and Business Services and Leisure and Hospitality sectors. Although manufacturing declined by -2,600 in September, its growth rate continues to outpace gains in previous years. From January through September of this year, manufacturing has added +17,900 jobs, twice as strong as 2010 and almost three times as strong as 2011 for the same nine-month period.

In September 2012, the number of unemployed individuals fell -11,000 (-1.9 percent) to 582,600, the 10th monthly decline in 13 months. Total unemployed declined -170,200 (-22.6 percent) since January 2010 when the state unemployment rate peaked at 11.4 percent. The rate was 10.1 percent one year ago.

The unemployment rate identifies those who are out of work and seeking employment. A person who exhausts benefits, or is ineligible, still will be reflected in the unemployment rate if they actively seek work. Historically, the national unemployment rate is lower than the state rate. The state rate has been lower than the national rate only six times since January 2000.

There are 120,000 help-wanted ads on Illinoisjoblink.com, the IDES employment website that links job seekers with employers. This no-cost, career resource allows individuals to create multiple resumes that emphasize different talents and allows businesses to search for specific skills. The keyword matching technology increases the likelihood of a successful new hire. Illinois JobLink emphasizes Illinois jobs, scrapes other commercial job boards, and compares favorably to private efforts that cost hundreds of dollars for a single advertisement.

Seasonally Adjusted Unemployment Rates

 
September
2012
August
2012
September
2011
3-Month
Moving Avg.
Illinois
8.8%
9.1%
10.1%*
8.9%
U.S.
7.8%
8.1%
9.0%*
8.1%
* Revised

Illinois Seasonally Adjusted Non-farm Jobs – by Major Industry

Industry Title
September
2012*
August
2012**
September
2011**
Over the Month Change
Over the Year
Change
3-Month
Moving Avg.
Change from
Previous
3-Month
Mov. Avg.
Total Nonfarm     
5,711,500
5,697,700
5,659,000
13,800
52,500
5,699,400
5,900
Mining
9,700
9,800
9,600
-100
100
9,800
0
Construction     
184,200
183,900
192,600
300
-8,400
184,400
-100
Manufacturing    
594,800
597,400
573,800
-2,600
21,000
596,700
-500
Trade, Transportation, & Utilities
1,134,600
1,137,300
1,139,900
-2,700
-5,300
1,136,600
400
Information      
97,400
99,500
99,000
-2,100
-1,600
99,100
-600
Financial Activities
366,900
365,800
361,400
1,100
5,500
365,700
1,000
Professional and Business Services
862,900
855,100
831,500
7,800
31,400
857,700
3,300
Educational and Health Services
860,000
858,700
853,500
1,300
6,500
857,600
2,500
Leisure and Hospitality
533,700
530,300
516,800
3,400
16,900
530,300
800
Other Services   
239,100
238,600
247,100
500
-8,000
238,200
-800
Government        
828,200
821,300
833,800
6,900
-5,600
823,400
0
 
                              * Preliminary                    ** Revised
 

Notes:


• Illinois monthly labor force, unemployed and unemployment rates for years 2007-2011 have been revised as required by the U.S. Bureau of Labor Statistics. In February of each year, monthly labor force data for all states are revised to reflect updated Census population controls, seasonal factors, non-farm jobs and unemployment insurance claims inputs. Data were smoothed to eliminate large monthly changes as a result of volatility in the monthly household (CPS) survey. Comments and tables distributed in prior Illinois unemployment rate news release materials should be discarded because any analysis, including records, previously cited might no longer be valid.
• Seasonally adjusted employment data for subsectors within industries are not available.  For not seasonally adjusted jobs data with greater industry detail, go to http://www.ides.illinois.gov/Custom/Library/Statistic/CES/I_NSA_CES_Illinois_MSAs_Jobs_2000_to_Current.XLS .
• “Other Services” includes a wide range of activities in three broad categories: Personal and laundry; repair and maintenance; and religious, grant making, civic and professional organizations.
• Monthly seasonally adjusted unemployment rates for Illinois and the Chicago-Naperville-Joliet Metropolitan Division are available at: http://www.ides.illinois.gov/page.aspx?item=2509 .



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