News

Unemployment in Illinois Declining

Unemployment in Illinois Declining

Photo: Newsradio WTAX

The unemployment rate is down sharply in Illinois, but there are some quirks in the new report out Thursday.

For April, unemployment was 7.9 percent, down from 8.4 percent in March. That may be the biggest one-month decline in the rate ever, says Jay Rowell, head of the Illinois Department of Employment Security.

“This is the largest one-month decline since they started keeping these statistics and this data series, and that was in 1976, so it’s possible it could have been the largest decline prior to that, but they’ve only been keeping the data this way since 1976,” he said.

Rowell characterized the unemployment report as “good news,” even though the rate is “not low enough.”

The Illinois unemployment is at its lowest level since 2008, and the number of unemployed people fell 35,700 (6.5 percent) to 516,000. However, employment fell by 6,800 jobs (0.1 percent). The only explanation is that numbers on employment and unemployment come from different surveys which are susceptible to fluctuations.

The national unemployment rate is 6.3 percent.

Recent Headlines

in Entertainment

This weekend in entertainment history

mondaynight

A look back on the Hollywood headlines that made history.

in Entertainment

It’s been 30 years since ‘The Cosby Show’ debuted

cosby

Here are some of our favorite moments from one of America's favorite TV families.

in Music

New Queen album features Michael Jackson collaboration

25-overlay3

The track features vocals from late Queen frontman Freddie Mercury and the King of Pop.