Thursday, November 27, 2008

Chicago-area jobless rate up to 6.9%

The jobless rate for metropolitan Chicago rose in October to 6.9%, according to figures released Wednesday.

The Illinois Department of Employment Security reported that out of a labor force of 4 million people, 281,400 applied for unemployment benefits in October. Last month’s jobless rate was up from the 6.6% reported in September.

The Chicago-area figure encompasses data from Cook, DeKalb, DuPage, Grundy, Kane, Kendall, McHenry and Will counties.

Metro Chicago’s October unemployment rate was lower than the 7.3% reported for the state but higher than the nation’s 6.5% rate.

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