State's unemployment rate continues decline

Job growth from May to July saw over 9,500 jobs added.   File photo

Payrolls have been up for six consecutive months in Illinois and unemployment has fallen to 4.2 percent, according to the Illinois Department of Employment Security (IDES).

The IDES  also announced that nonfarm payrolls increased by approximately 3,700 jobs in July, based on data from the U.S. Bureau of Labor Statistics.

“The state’s unemployment rate continued its downward trend in July and stands at its lowest point in 18 years,” IDES Director Jeff Mays was quoted as saying. “Illinois payroll employment also saw its largest over-the-year gain in more than two years.”

Job growth from May to July saw over 9,500 jobs added, a larger increase than the previous six months, which was around 8,200. The industries that saw the biggest growth were manufacturing with 2,400; leisure and hospitality at 2,000; and professional and business services with 1,900. Interestingly, the government was the payroll that saw the largest decline at 1,700 jobs lost.

Illinois’ unemployment rate remains 0.3 percent higher than the national rate for July.

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