Thursday, June 18, 2009

State unemployment rate hits 25-year high

AP:
Illinois' unemployment rate reached 10.1 percent in May, the highest it's been in 25 years.

The Illinois Department of Employment Security says another 17,400 jobs were lost in May, mostly in manufacturing. That brings the total number of unemployed to 671,400.

However, fewer jobs were lost in May than in April, when the unemployment rate stood at 9.4 percent.

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