May jobs report: Illinois loses 2,500 payroll jobs, workforce shrinks by 9,100

By Michael Lucci
Weak jobs numbers across the Midwest reflect the possibility of an oncoming economic slowdown. In fact, it would not be surprising to face a recession in the upcoming months, given that U.S. jobs growth has been weakening, and it has been seven years since the previous recession ended – a long period of expansion by historical norms.

TAGS: BLS: Bureau of Labor Statistics, IDES: Illinois Department of Employment Security, jobs, TABOR: Taxpayer Bill of Rights, unemployment