By Michael Lucci
05/30/2014
Illinois’ metropolitan statistical areas are a long way from jobs recovery, according to data from the Bureau of Labor Statistics. The release shows that Danville, Decatur and Rockford are still plagued with double-digit joblessness. All 10 of Illinois’ metro areas have jobless rates above the national average. Despite economic improvement and jobless rates falling nationally,...
By Michael Lucci
05/16/2014
Illinois lost 7,800 private-sector jobs in April, and the state jobless rate fell to 7.9 percent, according to the Bureau of Labor Statistics. Illinois remains the worst in the Midwest and third-worst nationally for joblessness. Illinois’ private-sector jobs loss came against a gain of 1,000 government jobs, leaving the state with a net loss of...
By Michael Lucci
05/13/2014
Illinois’ 2011 income tax hike helped put the brakes on the state’s private-sector jobs recovery. According to data from the Bureau of Labor Statistics, Illinois’ monthly job creation has slowed down since the 2011 tax hike. Meanwhile, the rest of the country has accelerated its jobs growth. The Great Recession began in January 2008, and...
By Michael Lucci
05/02/2014
The Bureau of Labor Statistics reported a gain of 288,000 payroll jobs nationally for the month of April, better than consensus expectations of a gain of 218,000. The national jobless rate dropped to 6.3 percent from 6.7 percent. The month-over-month gain in payroll jobs was the best since January 2012. However, the entire decline in...
By Hilary Gowins
05/01/2014
In one in five U.S. families, no one has a job. Not mom. Not dad. Not grandma or grandpa. No one. The Bureau of Labor Statistics reported that in 2013, there were nearly 81 million families in the United States. Of that number, about 16 million families reported that nobody in their household had a...
By Michael Lucci
04/18/2014
Illinois lost 3,200 payroll jobs in March, and the state’s unemployment rate ticked down to 8.4 percent from 8.7 percent, according to the Bureau of Labor Statistics. Illinois’ month-over-month change in payroll jobs was the third-worst nationally. Only Pennsylvania and Virginia lost more jobs. This news comes fresh on the heels of the announcement by...
By Michael Lucci
04/17/2014
Myth: Gov. Pat Quinn says that Illinois is a regional leader in job creation, and that the state is making a comeback. Fact: Illinois has ranked at the bottom of regional job comparisons since the Great Recession hit. Illinoisans suffer a jobless rate that is the second-worst in the nation and the highest in the...
By Michael Lucci
04/10/2014
Illinois’ 10 largest metropolitan areas continue to be plagued with joblessness, according to a release by the Bureau of Labor Statistics. This news comes on the heels of no monthly improvement in the state jobless rate, which at 8.7 percent is 2 points higher than the national average. Illinois has the second highest jobless rate...
By Michael Lucci
04/04/2014
The U.S. jobless rate remained at 6.7 percent in March, according to the Bureau of Labor Statistics. The national jobless measure has not improved for three months. U.S. payrolls picked up 192,000 workers in March, slightly below expectations of 200,000. Employment gains were made in professional and business services (57,000), food and drink services (30,000),...
TAGS: jobs, unemployment
By Michael Lucci
03/29/2014
Illinois’ jobless rate remained stuck at 8.7 percent for the month of February, according to the Bureau of Labor Statistics. Illinois remains the only state in the Midwest with a higher jobless rate today than when Gov. Pat Quinn took office. When Quinn took office, the jobless rate was 8 percent. The state gained 6,400...
TAGS: jobs, unemployment