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FOR IMMEDIATE RELEASE
January 21, 2011

December Unemployment Falls Again to 9.3 Percent
State Rate Below National for Second Consecutive Month

CHICAGO – The Illinois unemployment rate fell again in December even as more people felt encouraged about their job prospects and entered the labor force to look for work.

The seasonally adjusted rate fell for the ninth consecutive month, dropping -0.3 to 9.3 percent, according to preliminary estimates released today by the Illinois Department of Employment Security. The last time the state rate was below 9.3 percent was March 2009. The national rate fell -0.4 to 9.4 percent. The last time Illinois remained below the national rate for two consecutive months was September 2006.
 
“It is encouraging that for nine consecutive months our state has recorded a drop in the unemployment rate even as more people have entered the job market,” IDES Director Maureen O’Donnell said. “Preliminary data shows Illinois will close 2010 with a growing economy, which has not occurred since 2007.”

The number of unemployed individuals was down for the ninth consecutive month, dropping -20,000 (-3.1 percent) to 620,600, the lowest level since March 2009. Total unemployed has declined -144,200 (-18.9 percent) since March 2010 when the state unemployment rate peaked at 11.5 percent. 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.

Revised industry data for November indicates a smaller contraction (-1,600) in total payroll. Slight up-and-down movement in preliminary and revised data is not uncommon. Preliminary data for December estimate a seasonally adjusted decrease of -9,400 non-farm payroll positions.

In December, Illinois had +46,300 more jobs than December 2009, the fourth consecutive monthly year-over-year increase. Illinois’ economy continues to compare favorably to the national economy. Illinois’ growth rate is 0.8 percent and the national growth rate is 0.9 percent. Job sectors leading Illinois’ growth trend are Professional and Business Services (+13,600); Educational and Health Services (+13,800); Manufacturing (+9,100); and Trade, Transportation and Utilities (+7,200). The labor force in December was up +21,300 (+0.3 percent) over November to reach 6,687,500. The labor force has increased for four consecutive months.

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. It does so through nearly 60 offices, including Illinois workNet centers.

Seasonally Adjusted Unemployment Rates

 
December
2010
November
2010
December
2009
3-Month
Moving Avg.
Illinois
9.3%
9.6%
11.0%*
9.6%
U.S.
9.4%
9.8%
9.9%*
9.6%
*  Revised

Illinois Seasonally Adjusted Nonfarm Jobs – by Major Industry

Industry Title
December
2010*
November
2010**
 
December
2009**
Over the Month Change
Over the Year
Change
3-Month
Moving Avg.
Change from
Previous
3-Month
Mov. Avg.
 
 
 
 
 
 
 
 
Total Non-farm     
5,604,500
5,613,900
5,558,200
-9,400
46,300
5,611,300
200
Mining
10,200
10,200
9,300
0
900
10,200
100
Construction     
201,200
202,100
202,300
-900
-1,100
201,800
700
Manufacturing    
563,200
563,500
554,100
-300
9,100
563,300
-100
Trade, Transportation, & Utilities
1,128,300
1,135,000
1,121,100
-6,700
7,200
1,132,700
-600
Information      
105,400
105,400
103,500
0
1,900
105,300
200
Financial Activities
359,400
360,300
365,500
-900
-6,100
359,900
-1,000
Professional and Business Services
781,500
783,800
767,900
-2,300
13,600
783,400
-1,800
Educational and Health Services
834,600
836,000
820,800
-1,400
13,800
835,400
1,900
Leisure and Hospitality
506,200
504,300
506,800
1,900
-600
504,700
1,000
Other Services   
258,200
256,800
252,500
1,400
5,700
258,000
-200
Government        
856,300
856,500
854,400
-200
1,900
856,700
0
 
 
 
 
 
 
 
 
 
                              * 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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