IL Jobs Up, but So is Unemployment Rate

Illinois Businesses Add Workers, But Unemployment Rate Still Rises_-6994928782919316604

Despite an ongoing state budget crisis which is squeezing many colleges and social services agencies, Illinois continues to see job growth and an expanding labor force.

The Illinois Department of Employment Security (IDES) announced that nonfarm payroll jobs increased by 5400 in April.  However, a surge in the labor force still pushed the unemployment rate up from 6.5% in March to 6.6% now.  The national unemployment rate is at 5.0%

“April saw modest job growth but more than half of this growth was experienced in temporary jobs or employment agencies,” said IDES Director Jeff Mays in a news release. “Additionally, though Illinois jobs saw a moderate increase over the last four months, the portion of full-time jobs in Illinois remains lower than it was before the recession began in 2007.”  Perhaps most troubling for the Stateline area is that manufacturing jobs continue to decline.

In April, the three industry sectors with the largest gains in employment were: Professional and Business Services (+7,600); Educational and Health Services (+2,600) and Government (+1,400). The two industry sectors with the largest declines in employment were: Other Services (-2,300); and Financial Activities (-2,200).

Over the year, IDES reports that nonfarm payroll employment increased by +67,500jobs with the largest gains in Leisure and Hospitality (+20,800); Educational and Health Services (+20,800); and Professional and Business Services (+14,000). Industry sectors with over-the-year declines in April include: Manufacturing (-5,900); Information Services (-2,600) and Financial Activities (-2,200).

To help connect jobseekers to employers who are hiring, IDES’ maintains the state’s largest job search engine (IJL). IJL recently showed that 58,542 resumes were posted and 176,905 help-wanted ads were available.

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