From State Rep. Dan Ugaste:
September unemployment rate remains at 5.3%.
The Illinois Department of Employment Security (IDES) announced last week that nonfarm payrolls were up +7,100 while the unemployment rate was unchanged at 5.3 percent in September, based on preliminary data provided by the U.S. Bureau of Labor Statistics (BLS), and released by IDES.
The August monthly change in payrolls was revised from the preliminary report, from +800 to +6,700 jobs, while the revised unemployment rate was 5.3 percent, unchanged from the preliminary August unemployment rate. The September payroll jobs estimate, and unemployment rate reflect activity for the week including the 12th.
In September, the industry sectors with the largest over-the-month job gains included:
- Private Education and Health Services (+4,600),
- Leisure and Hospitality (+3,600), and
- Government (+2,800).
The industry sectors with the largest monthly payroll job declines included:
- Financial Activities (-3,000),
- Professional and Business Services (-3,000), and
- Construction (-1,300).
The state’s unemployment rate was +1.2 percentage points higher than the national unemployment rate reported for September.
The national unemployment rate was 4.1 percent in September, down -0.1 percentage point from the previous month.
The Illinois unemployment rate was up +0.6 percentage point from a year ago when it was 4.7 percent.