Jobless rate in Illinois rises for second straight month
BY FRANCINE KNOWLES Business Reporter email@example.com August 16, 2012 12:26PM
Updated: September 18, 2012 6:17AM
The unemployment rate in Illinois edged up to 8.9 percent in July from 8.7 percent in June, the second straight monthly increase, the Illinois Department of Employment Security said Thursday. The jobless rate was down from 10.1 percent in July 2011.
The state lost 7,100 jobs over the month but added 28,600 jobs.
“The slight increase in the unemployment rate was expected given the increase nationally and last year’s established trend of slower economic growth during the summer,” IDES Director Jay Rowell said in a statement.
In July, the U.S. rate rose to 8.3 percent from 8.2 percent.
The number of unemployed in Illinois increased by 15,100 to 587,200, the second consecutive increase following nine monthly declines.
The total number of unemployed has declined by 165,600 since January 2010, when the state jobless rate peaked at 11.4 percent, IDES said.
The biggest job losses year-over-year in July were in government, down 15,400; and construction and other services, both down 9,800.
The biggest gains were in professional and business services, up 28,600; manufacturing, up 22,400 and leisure and hospitality, up 11,400.
Since June, the biggest losses were in government, down 7,900; other services, down 4,900; and leisure and hospitality, down 4,300.
The biggest gains since June were in trade, transportation and utilities, up 3,000; professional and business services, up 2,800 and manufacturing, up 1,700.