Unemployment, number of jobs increase in IL in June
- Author: Joey Payne Jul 23, 2017,
Jul 23, 2017, 0:44
Illinois saw 24,700 fewer Illinois residents employed and 4,300 more residents unemployed in June, according to the Illinois Department of Employment Security's, or IDES's, latest economic release of Bureau of Labor Statistics, or BLS, data.
June's statewide unemployment rate now stands at 3.2%, which is up one-tenth from May. Numbers for June show the jobless rate for the Sacramento-Roseville-Arden-Arcade area was 4.8 percent. Employment estimates were revised downward in four sectors, most notably education and health services, which was revised downward by 1,400 jobs.
The U.S. unemployment rate increased 0.1 percentage point in June to 4.4 percent. However, overall industry jobs have grown by about 1,100 between June 2016 and June 2017, according to Weaver.
But while job gains improved the first half of this year compared with last, the agency expressed concerns that the size of the labor force has declined for the fourth consecutive month.
"It is typical for the unemployment rate to increase during this time of year", says Welch.
The number of unemployed Californians was 900,000 in June - up by 2,000 over the month, but down by 145,000 compared with June of previous year. Arts, entertainment and recreation added 800 jobs. Other sectors adding jobs over the year were government; trade, transportation and utilities; professional and business services; other services; and financial activities.
Illinois' labor force participation rate - the share of the population working or trying to - hit 64.4 percent, the lowest since 1979. That's down from 9.5 percent a year ago. Manufacturing fell by 9,900 jobs (down 0.8 percent), information was down by 1,500 jobs (down 0.3 percent), and mining and logging fell by 1,200 jobs (down 4.9 percent).