CHICAGO - More people are working in Illinois according to new data released by the Illinois Department of Employment Security (IDES).
According to preliminary data provided by the U.S. Bureau of Labor Statistics (BLS),in January, an increase of over 200 non-farm jobs, which places nonfarm payrolls at a new high: 0.4% above the prior peak in June of 2017.
"Illinois job growth over the past year has been spurred by a resurgence in manufacturing," said IDES Director Jeff Mays. "Over the year, manufacturing payrolls accounted for close to half of the total increase of jobs in Illinois."
"This new peak employment milestone is a testament to the work that has been done by the Rauner Administration to encourage competition, create jobs and reduce burdensome bureaucracy," said Illinois Department of Commerce and Economic Opportunity Director Sean McCarthy. "Just last week, our state was named in the top three for site selection and our strengths within identified industries, like manufacturing, are elevating our efforts to attract investment to Illinois. It has never been more clear to employers across the world that Illinois is open for business."
The state's unemployment rate is 0.7 percentage points higher than the national unemployment rate reported for 2018, which held at 4.1 percent. The Illinois unemployment rate is down -0.4 percentage points from a year ago when it was 5.2 percent.
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