Press Releases
National Recession Pushes State Rate to 11.0 Percent
CHICAGO - The Illinois seasonally adjusted unemployment rate for October is 11.0 percent, up 0.5 percent from the previous month and its highest level since August 1983, according to figures released today by the Illinois Department of Employment Security. The three-month moving average is 10.5 percent, its highest level since November 1983.
"While the slowing pace of job loss and other leading economic indicators bring with it cautious optimism, they are of little comfort to those seeking meaningful employment during this national recession," IDES Director Maureen O'Donnell said. "Past economic recoveries suggest the nation will begin to benefit from a growing economy before unemployment rates in Illinois begin to retreat."
Job loss continues in Illinois, but at a much slower pace. Non-farm payroll employment recorded -3,200 fewer jobs in October, the 21st consecutive monthly loss. October payroll employment in Illinois reached 5,635,600, its lowest jobs level since September 1995. Job losses were reported in several industry sectors, but the loss fell below recent monthly averages. Employment in the Trade and Transportation sector dipped by -1,400 positions and the Manufacturing sector lost -800 jobs. Some job sectors reported gains. The Educational and Health Services, Professional and Business Services, and Construction sectors each reported slight gains over the previous month, adding 3,600, 1,300 and 1,000 jobs respectively.
Nationally, the October unemployment rate increased by 0.4 percent to reach 10.2 percent, the highest rate since April 1983. Total non-farm payroll fell for the 22nd consecutive month (-190,000), bringing total national job loss to -7.3 million since the onset of the recession in December 2007. National employment declines have been led by the Manufacturing, Trade and Transportation, Construction, and Professional and Business Services sectors, dropping by -2.1 million, -1.7 million, -1.6 million, and -1.5 million jobs respectively since December 2007. Illinois has lost -359,700 jobs since the onset of the recession: -95,200 in Manufacturing, -88,500 in Professional and Business Services, -76,900 in Trade and Transportation and -47,400 in Construction.
The unemployment rate is not the same measurement as those collecting unemployment benefits. The unemployment rate identifies those who are out of work and seeking employment, regardless if they are eligible for unemployment insurance. Workers collecting benefits are counted separately. Therefore, a person who exhausts or is ineligible for unemployment insurance would still be reflected in the unemployment rate if they are seeking employment.
The Illinois Department of Employment Security administers federally funded employment services and unemployment insurance through its nearly 60 offices, including the Illinois workNet Centers. IDES also receives federal grants to provide and analyze labor market statistics and information.
|
October 2009 |
September 2009 |
October 2008* |
Illinois |
11.0% |
10.5% |
6.8% |
U.S. |
10.2% |
9.8% |
6.6% |
* Revised |
Industry Title |
October* 2009 |
September ** 2009 |
October** 2008 |
Over the Month Change |
Over the Year Change |
|
|
|
|
|
|
|
|
Total Non-Farm |
5,635,600 |
5,638,800 |
5,921,900 |
-3,200 |
-286,300 |
|
Mining |
10,300 |
10,200 |
10,200 |
100 |
100 |
|
Construction |
220,300 |
219,300 |
255,300 |
1,000 |
-35,000 |
|
Manufacturing |
575,600 |
576,400 |
654,700 |
-800 |
-79,100 |
|
Trade, Transportation, & Utilities |
1,139,200 |
1,140,600 |
1,192,400 |
-1,400 |
-53,200 |
|
Information |
106,100 |
106,900 |
114,100 |
-800 |
-8,000 |
|
Financial Activities |
369,200 |
369,500 |
388,500 |
-300 |
-19,300 |
|
Professional and Business Services |
786,800 |
785,500 |
854,700 |
1,300 |
-67,900 |
|
Educational and Health Services |
798,100 |
794,500 |
806,700 |
3,600 |
-8,600 |
|
Leisure and Hospitality |
516,900 |
520,600 |
525,500 |
-3,700 |
-8,600 |
|
Other Services |
256,900 |
258,700 |
263,900 |
-1,800 |
-7,000 |
|
Government |
856,200 |
856,600 |
855,900 |
-400 |
300 |
|
|
|
|
|
|
|
|
|
*Preliminary **Revised |
• "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. For a list of all activities under Other Services and all other industry sectors, go to http://www.census.gov/epcd/naics02/naico602.htm .
• For not-seasonally adjusted jobs data showing greater industry detail, go to http://lmi.ides.state.il.us/cesfiles/cescurrent.htm .
• 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 .
• Illinois monthly labor force, unemployed and unemployment rates for years 2004-2008 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 UI claims inputs. The revised monthly data are also smoothed to eliminate large changes as a result of volatility in the monthly household (CPS) survey. Comments and tables distributed for prior monthly Illinois unemployment rate news releases should be discarded. Any records and other historical analysis previously cited for Illinois labor force, number of unemployed and unemployment rates may no longer be valid under the revised monthly time series.
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