Wednesday, April 3, 2013
With a growing number of employment openings, more job seekers who stopped searching during the depression are heading back into the market, causing unemployment numbers to rise in Illinois.
Unemployment rates in Illinois hit 10.5 percent in February, a slight increase over January and a percent point higher from the same time in 2012, according to new figures released last week. In Woodridge, the unemployment rate rose 0.3 percent from 8 percent in January to 8.3 percent in February—up from 7.5 percent in February 2012. Specific numbers for Darien were not included, because IDES generally reports unemployment figures for municipalities with populations of 25,000 or more people. The numbers measure unemployment for residents who live in a certain town, not those who work in the town. Statewide, the unemployment rate increased from 10.1 percent in January to 10.5 percent in February. Compared with February 2012, unemployment…
Monday, February 4, 2013
Unemployment rates in Illinois increased slightly from November 2012 to Decemeber but are still down compared to the the end of 2011, according to new figures released last week.
Unemployment rates in Illinois increased slightly from November 2012 to Decemeber but are still down compared to the the end of 2011, according to new figures released last week. December local unemployment rates fell in nine of 12 metro areas compared to last year, according to data released by the U.S. Department of Labor and the Illinois Department of Employment Security. "The most pressing challenge to our economic progress is the uncertainty tied to Congress, the debt ceiling and the fiscal cliff," IDES Director Jay Rowell said. "Our economic recovery could be compromised if Congress is not seen as working together to build a solution." In Woodridge, unemployment remained steady at 7.3 percent from November to December. But the overal…
Monday, January 7, 2013
With a fiscal cliff looming, the Department of Employment Security said last month that a solution was necessary to help improve jobless rates.
Unemployment rates in Illinois dropped slightly from October 2012 to November, to 8.2 percent, and are a full percentage point lower than to 2011, according to new figures released last week. November local unemployment rates fell in 11 of 12 metro areas compared to last year, according to data released by the U.S. Department of Labor and the Illinois Department of Employment Security. "The trend of falling unemployment rates across Illinois shows that our economy continues to improve," IDES Director Jay Rowell said. "The largest challenge to local economic growth is the fiscal cliff. Economic progress could slow at every level and we risk another recession if Congress does not work together to craft a solution." Earlier this week, …
Monday, November 26, 2012
Although unemployment is down from this time compared to last year, numbers slightly increased from September 2012 to October.
Unemployment rates in Illinois increased slightly from September 2012 to October, but are still down compared to 2011, according to new figures released last week. October local unemployment rates fell in every metro area compared to last year, according to data released by the U.S. Department of Labor and the Illinois Department of Employment Security. "Falling unemployment rates across our state and the lowest October rates since 2008 show that that our steady economic progress continues," IDES Director Jay Rowell said in a news release. "We now look to Congress to address the fiscal cliff. If not resolved, our future economic progress will be in jeopardy." In Woodridge, unemployment is down from 8.8 percent in October 2011 to 7.5 …
