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FOR IMMEDIATE RELEASE
November 19, 2009

National Recession Pushes State Rate to 11.0 Percent
Illinois' Share Of National Job Loss Slows; -3,200 For October

CHICAGO – The Illinois seasonally adjusted unemployment rate for October is 11.0 percent, up 0.5 percent from the previous month and its highest level since August 1983, according to figures released today by the Illinois Department of Employment Security. The three-month moving average is 10.5 percent, its highest level since November 1983.

 “While the slowing pace of job loss and other leading economic indicators bring with it cautious optimism, they are of little comfort to those seeking meaningful employment during this national recession,” IDES Director Maureen O’Donnell said. “Past economic recoveries suggest the nation will begin to benefit from a growing economy before unemployment rates in Illinois begin to retreat.”

Job loss continues in Illinois, but at a much slower pace. Non-farm payroll employment recorded -3,200 fewer jobs in October, the 21st consecutive monthly loss. October payroll employment in Illinois reached 5,635,600, its lowest jobs level since September 1995. Job losses were reported in several industry sectors, but the loss fell below recent monthly averages. Employment in the Trade and Transportation sector dipped by -1,400 positions and the Manufacturing sector lost -800 jobs. Some job sectors reported gains. The Educational and Health Services, Professional and Business Services, and Construction sectors each reported slight gains over the previous month, adding 3,600, 1,300 and 1,000 jobs respectively.

Nationally, the October unemployment rate increased by 0.4 percent to reach 10.2 percent, the highest rate since April 1983. Total non-farm payroll fell for the 22nd consecutive month (-190,000), bringing total national job loss to -7.3 million since the onset of the recession in December 2007. National employment declines have been led by the Manufacturing, Trade and Transportation, Construction, and Professional and Business Services sectors, dropping by -2.1 million, -1.7 million, -1.6 million, and -1.5 million jobs respectively since December 2007. Illinois has lost -359,700 jobs since the onset of the recession: -95,200 in Manufacturing, -88,500 in Professional and Business Services, -76,900 in Trade and Transportation and -47,400 in Construction.

The unemployment rate is not the same measurement as those collecting unemployment benefits. The unemployment rate identifies those who are out of work and seeking employment, regardless if they are eligible for unemployment insurance. Workers collecting benefits are counted separately. Therefore, a person who exhausts or is ineligible for unemployment insurance would still be reflected in the unemployment rate if they are seeking employment.

The Illinois Department of Employment Security administers federally funded employment services and unemployment insurance through its nearly 60 offices, including the Illinois workNet Centers. IDES also receives federal grants to provide and analyze labor market statistics and information.

Seasonally Adjusted Unemployment Rates

 
October
2009
September
2009
October
2008*
Illinois
11.0%
10.5%
6.8%
U.S.
10.2%
9.8%
6.6%
*  Revised

 
Illinois Seasonally Adjusted Non-Farm Jobs – by Major Industry

Industry Title
October*
2009
September **
2009
October**
2008
Over the Month Change
Over the Year
Change
 
 
 
 
 
 
 
 
Total Non-Farm     
5,635,600
5,638,800
5,921,900
-3,200
-286,300
 
Mining
10,300
10,200
10,200
100
100
 
Construction     
220,300
219,300
255,300
1,000
-35,000
 
Manufacturing    
575,600
576,400
654,700
-800
-79,100
 
Trade, Transportation, & Utilities
1,139,200
1,140,600
1,192,400
-1,400
-53,200
 
Information      
106,100
106,900
114,100
-800
-8,000
 
Financial Activities
369,200
369,500
388,500
-300
-19,300
 
Professional and Business Services
786,800
785,500
854,700
1,300
-67,900
 
Educational and Health Services
798,100
794,500
806,700
3,600
-8,600
 
Leisure and Hospitality
516,900
520,600
525,500
-3,700
-8,600
 
Other Services   
256,900
258,700
263,900
-1,800
-7,000
 
Government        
856,200
856,600
855,900
-400
300
 
 
 
 
 
 
 
 
 
*Preliminary      **Revised

 
 
Notes:
• Seasonally adjusted employment data for subsectors within industries are not available.
• “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.  For a list of all activities under Other Services and all other industry sectors, go to http://www.census.gov/epcd/naics02/naico602.htm .
• For not-seasonally adjusted jobs data showing greater industry detail, go to http://lmi.ides.state.il.us/cesfiles/cescurrent.htm .
• Monthly seasonally adjusted unemployment rates for Illinois and the Chicago-Naperville-Joliet Metropolitan Division are available at:  http://lmi.ides.state.il.us/laus/icmaur.htm .
• Illinois monthly labor force, unemployed and unemployment rates for years 2004-2008 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 and state supplied non-farm jobs and UI claims inputs.  The revised monthly data are also smoothed to eliminate large changes as a result of volatility in the monthly household (CPS) survey.  Comments and tables distributed for prior monthly Illinois unemployment rate news releases should be discarded.  Any records and other historical analysis previously cited for Illinois labor force, number of unemployed and unemployment rates may no longer be valid under the revised monthly time series.


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