The September unemployment rate for the combined Chicago, Naperville and Joliet area was a seasonally adjusted 6.6%, according to figures released Thursday by the Illinois Department of Employment Security. That compares with August’s 7.2%.
The Chicago, Naperville and Joliet metro area includes Cook, DeKalb, DuPage, Grundy, Kane, Kendall, McHenry and Will counties.
September was the second consecutive month that the unemployment rate for metro Chicago was lower than the statewide rate. That rate was 6.9% in September, down from 7.3% in August.
The nationwide unemployment rate in September was 6.1%.
While October’s jobless rate for metro Chicago won’t be known for several weeks, the figure could rise if national trends are any indication.
Also from Crain's Chicago area Foreclosure rates rise slower than national rates:
The number of foreclosure notices in the area rose nearly 42% during the third quarter, to 22,069 homes, compared to the third quarter, 2007, according to foreclosure listing service RealtyTrac Inc.
But nationwide, the number of notices shot up more than 70 percent, to 766,000 homes, during the third quarter, compared to the year-earlier period, the Irvine, Calif.-based company said.
One in 144 Chicago-area homes received foreclosure notices in the third quarter, a rate that ranks the Chicago area 31st in foreclosure rates among metropolitan areas nationwide.
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