Illinois Payroll Jobs, Unemployment Rate Stable in December

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Illinois Payroll Jobs, Unemployment Rate Stable in December (Springfield, IL) — The Illinois Department of Employment Security (IDES) announced Friday that the unemployment rate was unchanged at 4.7 percent, while nonfarm payrolls were almost unchanged, down by just -800 in December, based on preliminary data provided by the U.S. Bureau of Labor Statistics (BLS) and released by IDES. The November monthly change in payrolls was revised from the preliminary report, from +17,500 to +12,100 jobs. The November unemployment rate was unchanged from the preliminary report, remaining at 4.7 percent. The December payroll jobs estimate and unemployment rate reflect activity for the week including the 12th.

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In December, the industry sectors with the largest over-the-month gains in employment included: Educational and Health Services (+5,200), Trade, Transportation and Utilities (+3,300), and Government (+1,800). The industry sectors with the largest monthly payroll declines included: Professional and Business Services (-3,000), Leisure and Hospitality (-2,500), and Other Services (-2,100).

“As payroll and the unemployment rate remains steady throughout the state, Illinois is focused on continued job expansion and engaging jobseekers into the strengthening economy,” said Deputy Governor Andy Manar.  “As they have done since the beginning of the recovery effort, IDES continues to assist workers, employers, and businesses with the resources they need to actively participate in the labor market.”

“Illinois’ stable employment market coupled with long-term improvements over the past two years serve as a testament to the State’s strong recovery efforts,” said DCEO Acting Director Kristin A. Richards. “Looking ahead, DCEO remains committed to creating a strong environment for job creators while supporting job seekers with training and support services.”

The state’s unemployment rate was +1.2 percentage points higher than the national unemployment rate reported for December, which was 3.5 percent, down -0.1 percentage point from the previous month. The Illinois unemployment rate was down -0.4 percentage point from a year ago when it was at 5.1 percent.

Compared to a year ago, nonfarm payroll employment increased by +161,000 jobs, with gains across nearly all major industries. The industry groups with the largest jobs increases included: Leisure and Hospitality (+42,900), Educational and Health Services (+30,300), and Trade, Transportation and Utilities (+25,000). The Mining sector reported no change from a year ago. In December, total nonfarm payrolls were up +2.7 percent over-the-year in Illinois and up +3.0 percent in the nation.

The number of unemployed workers was 303,200, unchanged from the prior month, but was down -6.6 percent over the same month one year ago. The labor force was down slightly (-0.2 percent) over-the-month and up +1.2 percent over-the-year. The unemployment rate identifies those individuals who are out of work and seeking employment. An individual who exhausts or is ineligible for benefits is still reflected in the unemployment rate if they actively seek work.

In May 2020, Governor Pritzker launched Get Hired Illinois, a new one-stop-shop website to help connect job seekers with hiring employers in real time. The site features virtual job fairs, no-cost virtual training, and includes IllinoisJobLink.com (IJL), the state’s largest job search engine, which recently showed 55,797 posted resumes with 126,713 available jobs.

Illinois Payroll Jobs, Unemployment Rate Stable in December

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