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Illinois Unemployment Rate still Higher than National Average

The Illinois Department of Employment Security (IDES) announced Thursday that the unemployment rate fell -0.1 percentage point to 4.4 percent, while nonfarm payrolls increased by +31,200 in July, based on preliminary data provided by the U.S. Bureau of Labor Statistics (BLS) and released by IDES. The June monthly change in payrolls was revised from the preliminary report, from +18,800 to +16,000 jobs. The June unemployment rate was unchanged from the preliminary report, remaining at 4.5 percent. The July payroll jobs estimate and unemployment rate reflect activity for the week including the 12th.

In July, the industry sectors with the largest over-the-month gains in employment include: Professional and Business Services (+10,000), Manufacturing (+6,300), and Trade, Transportation and Utilities (+5,700). The industry sectors that reported monthly payroll declines include: Construction (-1,400) and Educational and Health Services (-1,400).

The state’s unemployment rate was +0.9 percentage point higher than the national unemployment rate reported for July, which was 3.5 percent, down -0.1 percentage point from the previous month. The Illinois unemployment rate was down -1.8 percentage points from a year ago when it was at 6.2 percent.


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