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FOR IMMEDIATE RELEASE
June 16, 2011

Employers Boost Payrolls by +8,200 in May
Illinois Adds +107,700 Since Recovery Began, Outpaces Nation

CHICAGO – As expected, the Illinois seasonally adjusted unemployment rate in May increased +0.2 points to 8.9 percent. The increase follows 15 months of declining unemployment rates and was expected because slight up-and-down movements in the rate and the number of jobs created naturally occur in an economic recovery, according to the Illinois Department of Employment Security.

The national unemployment rate also increased in May, up +0.1 point to 9.1 percent. The Illinois rate has been equal to or below the U.S. rate for eight consecutive months. Illinois’ three-month moving average remained at 8.8 percent in May, unchanged from April and its lowest average since March 2009.

“Illinois added more than 8,000 jobs in May, continuing the long-term trend of a healing economy and reflects successful efforts to grow jobs,” IDES Acting Director Jay Rowell said. “Just as we expected the unemployment rate would tick upward at times during our recovery, we know job-creation must continue and individuals should take advantage of the state’s workforce training network so they can improve their skills and be part of the economic growth.”

Illinois added +8,200 jobs in May. The three-month moving average of seasonally adjusted payroll employment shows +6,600 additional positions for March through May. The three-month context better depicts trends in the labor market by offsetting fluctuations in monthly payroll estimates. Since January 2010 when Illinois employment resumed after the national recession, Illinois has added +107,700 net new jobs. Leading sectors are Professional and Business Services (+39,900); Educational and Health Services (+28,100); Trade, Transportation and Utilities (+25,600); and Manufacturing (+19,900). That represents a 1.9 percent job growth, compared to the nation’s 1.4 percent.

In May, the number of unemployed individuals rose for the first time since January 2010, increasing +9,800 (+1.7 percent) to 585,000. Total unemployed has declined -155,100 (-21.0 percent) since January 2010 when the state unemployment rate peaked at 11.2 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.

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

 
May
2011
April
2011
May
2010
3-Month
Moving Avg.
Illinois
8.9%
8.7%
10.5%*
8.8%
U.S.
9.1%
9.0%
9.6%*
9.0%
* Revised

Illinois Seasonally Adjusted Non-farm Jobs – by Major Industry

Industry Title
May
2011*
April
2011**
 
May
2010**
Over the Month Change
Over the Year
Change
3-Month
Moving Avg.
Change from
Previous
3-Month
Mov. Avg.
 
 
 
 
 
 
 
 
Total Non-farm     
5,688,200
5,680,000
5,626,600
8,200
61,600
5,679,700
6,600
Mining
9,300
9,400
9,000
-100
300
9,400
-100
Construction     
205,300
202,900
199,400
2,400
5,900
203,600
1,300
Manufacturing    
573,100
568,700
560,900
4,400
12,200
568,500
3,200
Trade, Transportation, & Utilities
1,144,400
1,145,400
1,125,700
-1,000
18,700
1,143,300
2,800
Information      
97,000
96,400
101,800
600
-4,800
97,100
-800
Financial Activities
355,500
353,200
361,600
2,300
-6,100
354,400
-100
Professional and Business Services
820,200
819,700
799,000
500
21,200
820,300
800
Educational and Health Services
849,800
848,400
829,600
1,400
20,200
848,400
500
Leisure and Hospitality
519,900
522,800
513,100
-2,900
6,800
522,200
-2,700
Other Services   
258,600
260,000
254,200
-1,400
4,400
259,800
-300
Government        
855,100
853,100
872,300
2,000
-17,200
852,700
2,100
 
 
 
 
 
 
 
 
 
                              * Preliminary                    ** Revised
 

 

Notes:


• Illinois monthly labor force, unemployed and unemployment rates for years 2006-2010 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 also 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://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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