Illinois Unemployment Rate Falls to 7.9%

- CHICAGO – Unemployment dipping below 8% may not seem like much of a reason to celebrate, but this is Illinois, and considering where this state has been when it comes to unemployment rates, it is a positive sign of progress.

The April rate of 7.9% represents a drop of half a percentage point from March, and the lowest since December of 2008, and far below the peak of 11.4% in January of 2010.

“More people working is another sign that our economy is on the rebound,” IDES Director Jay Rowell said in a news release. “As Illinois’ economy continues to gain momentum, April’s numbers reflect more people getting back to work and more employers adapting to the new national economy.”

The report also shows some employers thriving, while others including manufacturing continue to struggle. 

Thriving in the past year:  Professional and Business Services (+20,000);  Education and Health Services (+5500); and Leisure and  Hospitality (+6900).

Struggling in the past year:  Manufacturing (-8900), Information (-2400).

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