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

‘Siri, can you give me a hint?’ Apple confirms September event

16-overlay14

The rumors are true: Apple will host an event Sept. 9 in San Francisco.

in Entertainment

Netflix drug drama ‘Narcos’ blurs line between cartels, agents

11-overlay7

Not all cops are good guys and not all drug suppliers are obvious villains in the dark drug drama "Narcos," a bilingual examination of the history of cocaine smuggling in America and its most menacing supplier.

in Entertainment

The secret to Rob Lowe’s ageless face

17-overlay12

The 51-year-old actor will star in a new series this fall, "The Grinder," and still looks as good as ever.