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FOR IMMEDIATE RELEASE
June 17, 2010

Illinois Adds 70,000 Jobs So Far This Year
State Unemployment Rate Declines -0.4 to 10.8 Percent

CHICAGO – The Illinois seasonally adjusted unemployment rate dropped -0.4 point to 10.8 percent in May, according to data released today by the Illinois Department of Employment Security. The over-the-month decline is the largest since October 1983. The three-month moving average decreased -0.2 point to 11.2 percent in May, its first decline since November 2006. Illinois has added 70,000 jobs so far this year.

“Five months of positive job growth coupled with two consecutive months of declines in the unemployment rate offer reasons for cautious optimism,” Director Maureen O’Donnell said. “Long-term job growth might include periods that show flat or possibly increased unemployment rates as frustrated job seekers grow more hopeful about their job prospects.”

Illinois added +16,700 in May. It was the fifth consecutive month to record job growth. Although much of the growth is attributed to Census 2010 employment, significant job growth continued in several major industry sectors. Manufacturers added +2,400 jobs, the third consecutive monthly gain of more than +2,000 jobs and the sector’s best showing since April 1995. Educational and Health Services added +1,900 new jobs, its fifth consecutive month-over-month gain. Professional and Business Services added +1,300 new jobs, its fourth gain in the last five months. This sector (+18,700) leads all sectors in job growth thus far this year. Reflecting national trends possibly tied to the volatility in the housing market, the construction sector decreased -6,500. Illinois has added more jobs than its Midwestern counterparts so far this year and its rate of job growth has outpaced the nation.

The unemployment rate is not the same measure as those collecting unemployment benefits. The unemployment rate identifies those who are out of work and seeking employment. Workers collecting benefits are counted separately. A person who exhausts or is ineligible for benefits still would 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
 
May
2010
April
2010
May
2009
3-Month
Moving Avg.
Illinois
10.8%
11.2%*
10.0%*
11.2%
U.S.
9.7%
9.9%
9.4%*
9.8%
*  Revised
 
 
Illinois Seasonally Adjusted Non-farm Jobs – by Major Industry

Industry Title
May
2010*
April
2010**
May
2009**
Over the Month Change
Over the Year
Change
3-Month
Moving Avg.
Change from
Previous
3-Month
Mov. Avg.
 
 
 
 
 
 
 
 
Total Nonfarm     
5,628,200
5,611,500
5,672,800
16,700
-44,600
5,610,100
15,400
Mining
9,600
9,600
9,300
0
300
9,500
0
Construction     
193,600
200,100
219,500
-6,500
-25,900
197,500
-2,300
Manufacturing    
560,900
558,500
578,700
2,400
-17,800
558,500
2,400
Trade, Transportation, & Utilities
1,133,600
1,132,500
1,145,200
1,100
-11,600
1,132,700
1,800
Information      
103,900
104,300
106,900
-400
-3,000
104,100
100
Financial Activities
365,500
366,800
373,600
-1,300
-8,100
366,500
-200
Professional and Business Services
786,600
785,300
786,700
1,300
-100
783,100
2,500
Educational and Health Services
835,300
833,400
815,700
1,900
19,600
832,700
2,900
Leisure and Hospitality
510,800
508,200
519,000
2,600
-8,200
509,100
1,200
Other Services   
256,200
257,500
259,000
-1,300
-2,800
256,200
800
Government        
872,200
855,300
859,200
16,900
13,000
860,200
6,300
 
 
 
 
 
 
 
 
 
                              * Preliminary                    ** Revised
 

Notes:

  • Illinois monthly labor force, unemployed and unemployment rates for years 1976-2009 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 unemployment insurance claims inputs. Comments and tables distributed for prior Illinois unemployment rate news releases 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://lmi.ides.state.il.us/cesfiles/cescurrent.htm .
  • “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://lmi.ides.state.il.us/laus/icmaur.htm .


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