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FOR IMMEDIATE RELEASE
September 16, 2010

Unemployment Rate Drops Again in August
Manufacturing Job Growth for Sixth Consecutive Month

CHICAGO – The Illinois seasonally adjusted unemployment rate dropped -0.2 points to 10.1 percent in August, according to data released today by the Illinois Department of Employment Security. August marks the eighth consecutive month to show steady or declining unemployment rates. Manufacturing added +900 jobs in August, the sixth consecutive monthly increase in this key sector.

“So far this year, Illinois has added more than 37,000 jobs and reported declining or steady unemployment rates for eight consecutive months,” IDES Director Maureen O’Donnell said. “This encouraging long-term trend might not yet be felt at the neighborhood level for many people. Continuing to create jobs, retrain workers and encourage investment offers the best plan to break free from this stubborn national recession.”

Private-sector job growth remained almost unchanged in August (-200). Declines in government-related jobs and Census 2010 positions combined to lower Illinois non-farm payroll by -4,200. Slight up-and-down movement in monthly job numbers and unemployment rates is to be expected during a prolonged national recession. Through June of this year, Illinois added jobs for six consecutive months for the first time since April 2006. Prior to this six month trend, Illinois reported job losses for 20 consecutive months dating to April 2008.

So far this year, Illinois outpaces the nation in adding manufacturing jobs, 1.8 percent compared to 1.3 percent. Illinois has added +37,600 private-sector jobs so far this year. Job sectors leading this growth trend are Professional and Business Services (+19,000); Manufacturing (+10,200); Leisure and Hospitality (+7,200); and Educational and Health Services (+7,100).

In August, the national unemployment rate went up +0.1 point to 9.6 percent. The nation’s payroll employment declined by -54,000 positions. As in Illinois, the expiration of -114,000 temporary Census 2010 positions outpaced the +67,000 jobs added in the private sector. So far this year, the Illinois economy has grown 0.7 percent; the national economy 0.6 percent.

The three-month moving average of Illinois unemployment is down -0.2 points to 10.3 percent in August, the fourth consecutive monthly decline following 41 consecutive monthly increases. Nationally, the three-month moving average declined -0.1 point to 9.5 percent. The unemployment rate is not the same measure as those collecting unemployment benefits. The rate identifies those who are out of work and seeking employment. Unemployed workers collecting benefits are counted separately. A person who exhausts unemployment insurance benefits, or is ineligible for benefits, still will be reflected in the unemployment rate if they actively seek work.

The IDES administers federally funded employment services and unemployment insurance through its nearly 60 offices, including the Illinois workNet Centers. It also receives federal grants to provide and analyze labor market statistics and information. The IDES supports economic stability by administering unemployment benefits, collecting business contributions to fund those benefits, connecting employers with qualified job seekers, and providing economic information to assist career planning and economic development.

Seasonally Adjusted Unemployment Rates
 
August
2010
July
2010
August
2009
3-Month
Moving Avg.
Illinois
10.1%
10.3%
10.6%*
10.3%
U.S.
9.6%
9.5%
9.7%*
9.5%
*  Revised
 
 
Illinois Seasonally Adjusted Non-farm Jobs – by Major Industry

Industry Title
August
2010*
July
2010**
August
2009**
Over the Month Change
Over the Year
Change
3-Month
Moving Avg.
Change from
Previous
3-Month
Mov. Avg.
 
 
 
 
 
 
 
 
Total Nonfarm     
5,595,800
5,600,000
5,603,000
-4,200
-7,200
5,605,900
-7,400
Mining
9,800
9,800
9,300
0
500
9,700
100
Construction     
199,600
185,400
213,600
14,200
-14,000
194,700
1,500
Manufacturing     
564,300
563,400
563,900
900
400
563,400
1,300
Trade, Transportation, & Utilities
1,124,300
1,131,100
1,133,200
-6,800
-8,900
1,129,100
-3,300
Information      
104,500
103,900
105,000
600
-500
104,100
100
Financial Activities
359,400
362,500
368,300
-3,100
-8,900
362,200
-2,200
Professional and Business Services
786,900
787,100
769,500
-200
17,400
786,200
1,600
Educational and Health Services
827,900
832,000
817,600
-4,100
10,300
830,200
-2,100
Leisure and Hospitality
514,000
513,500
514,300
500
-300
514,700
2,100
Other Services   
253,900
256,100
256,300
-2,200
-2,400
256,200
-700
Government        
851,200
855,200
852,000
-4,000
-800
855,300
-5,800
 
 
 
 
 
 
 
 
 
                              * 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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