Thursday, September 17, 2009

State jobless figure takes first dip in 14 months

Crain's:
Last month, joblessness edged lower, to 10.0% from 10.4% in July, according to the Illinois Department of Employment Security. A year ago, Illinois’ unemployment rate stood at 6.7%.

"These numbers likely reflect the fluctuation that happens in every recession," IDES Director Maureen O'Donnell said in a statement. “For months, we have encouraged people to be optimistic and realistic.”

Over the last 12 months, companies have cut 306,100 jobs. Since the onset of the recession in December 2007, the state is down 342,800 jobs.

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