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Unemployment Rate

Wednesday, January 30, 2013

Unemployment Report: December 2012 Jobless Numbers

Unemployment rates in Illinois increased slightly from November 2012 to December but are still down compared to the the end of 2011, according to new figures released last week. Things looking better for the West Cook County area.

Unemployment rates in Illinois increased slightly from November 2012 to Decemeber but are still down compared to the the end of 2011, according to new figures released last week. November local unemployment rates fell in nine of 12 metro areas compared to last year, according to data released by the U.S. Department of Labor and the Illinois Department of Employment Security. "The most pressing challenge to our economic progress is the uncertainty tied to Congress, the debt ceiling and the fiscal cliff," IDES Director Jay Rowell said. "Our economic recovery could be compromised if Congress is not seen as working together to build a solution." IDES generally reports unemployment figures for municipalities with populations of 25,000 or more …

Monday, April 9, 2012

Patch Poll: Is it Thumbs Up or Thumbs Down for Economy?

What do the numbers mean to you?

The economy added about 120,000 jobs in March. The jobless rate ticked down a percentage point to 8.2. Gas prices appear to have peaked and are coming down. These signs could be interpreted that the economy is improving. However, some of these numbers come with a “But … .” The Labor Department reported that employers added 120,000 jobs to their payrolls last month but—well below economists’ forecasts for a 203,000 gain. The unemployment rate fell but—experts said it was largely due to discouraged job hunters giving up the search for work. And, gas prices. They may have peaked but—will they rise again during the high-demand summer months? What do you think?

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Dan F.

10:54 am on Friday, April 13, 2012

Sev you forgot the employees that work just long enough to qualify for unemployment, and cause the contribution rate to stay as high as the state can make it. Or the employee hired who, the day insurance coverage for him kicked in, checked into rehab and stopped coming to work. Heard those from a friend who, like you, used to employ people, but now does not.   more ›

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