Saturday, March 22, 2008

Illinois unemployment down slightly in February


CHICAGO — New data shows that the unemployment rate in Illinois was down slightly in February compared with January.
The seasonally adjusted rate for last month was 5.5 percent. It was 5.6 in January.
The U.S. Bureau of Labor Statistics and the Illinois Department of Employment Security released the statistics on Thursday.
Despite the slight improvement, the Illinois jobless rate was worse than February's national average of 4.8 percent. It was also worse than that Illinois rate for February last year, which was also 4.8 percent.
The Department of Employment Security is also reporting that Illinois continues to lead all Midwestern states in job growth since January 2004.
That means 198,100 new jobs. More than 34,000 of those have been added in the past year.

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