By Ted Dabrowski
10/05/2012
US labor report Many analysts are challenging the 0.3 percentage point drop in the nation’s September unemployment rate released this morning by US Bureau of Labor Statistics. The BLS announced the unemployment rate dropped to 7.8 percent from 8.1 percent in August. The unemployment rate, which is now below 8 percent for the first time...
Today there are 5 million fewer people participating in the labor force than when President Obama took office in January 2009. That
The nation’s unemployment rate increased to 7.9 percent in October from 7.8 percent in September, according to the Bureau of Labor Statistics. If that number is a reflection of the country’s anemic recovery, consider the implications of Illinois’ 8.8 percent unemployment rate in September. There are more than 580,000 Illinoisans formally out of work. And these...
For the third straight month, Illinois' unemployment rate climbed. More than 9.1 percent of Illinoisans are now unemployed, a full percentage point higher than the national average of 8.1 percent, according to the Bureau of Labor Statistics.
By Chris Andriesen
09/11/2012
by Lawrence J. McQuillan, PhD Chief Economist The Chicago Teachers Union (CTU) is on strike to get, among other things, more pay. They originally asked for a 30 percent pay raise. The current offer on the table is a 16 percent pay hike over four years. They don’t deserve a penny increase. In fact, they deserve a...
By Lawrence McQuillan
08/21/2012
Illinois’ July unemployment rate hit 8.9 percent, up from 8.7 percent in June, the second consecutive monthly increase. Thirty-nine states have a lower unemployment rate than Illinois. According to the U.S. Bureau of Labor Statistics, Illinois’ labor force is roughly 6.5 million people. More than half a million of them are unemployed. This is a...
The Daily Herald published an editorial that highlighted a recent story about Illinois trial judges being the highest in the nation.
The story featured research and commentary from the Illinois Policy Institute.
by Emily Dietrich Illinois’ economy added 30,000 jobs in the month of October. However, the state’s unemployment rate ticked up to 10.1 percent. This contradiction leaves many wondering: did the Illinois jobs market improve or not? To evaluate the jobs market, economists rely on two surveys produced by the Bureau of Labor Statistics, or BLS. The...
by Emily Dietrich Is the national economy really at fault for Illinois’ poor jobs market? The Illinois Department of Employment Security (IDES) released the September numbers on Illinois’ jobs market yesterday. The report was titled: “National Slowdown Impacts Illinois’ Economy.” This report comes on the heels of their August report, titled: “Stagnant National Growth Squeezes Illinois Labor Market.”...
