Wednesday, March 25, 2009

Ill. unemployment at 17-year high

Unemployment in Illinois hit its highest level in February in over 17 years, the Illinois Department of Employment Security said Wednesday.

The unemployment rate soared to 8.6% last month, up from a revised 7.8% in January, reaching a level the state has not seen since December 1991, according to the department, which publishes state figures on a delayed basis compared to national jobs data. The total number of unemployed in Illinois grew to 570,100, the highest since November 1983.

“A national and local effort is needed to lift our country and our state from the depths of this recession,” IDES Director Maureen O’Donnell said in a statement.

Unemployment in Illinois exceeded the national rate, which climbed to a 25-year high of 8.1% in February. During the month, the economy lost 651,000 jobs nationwide. That was the 14th straight month of job losses, bringing the national total to 4.4 million jobs lost since the recession began in December 2007.
Well don't let that discourage you since just below this post is a business in the ward hiring. There are surely jobs out there. Hopefully we have some luck in finding them. ;)

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