Illinois adds jobs in October - Beloit Daily News: News

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Illinois adds jobs in October

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Posted: Saturday, November 19, 2011 10:00 am

Illinois added more than 30,000 jobs in October, but the unemployment rate in the state edged up to 10.1 percent, compared to 10 percent in September.

The Illinois Department of Employment Security reported Illinois has added more than 64,800 jobs so far this year and 108,100 jobs since January of 2010 when job growth returned to Illinois after 23 consecutive months of decline.

"Illinois' economy adding 30,000 jobs is encouraging during this challenging period of economic recovery," said Illinois Department of Employment Security Director Jay Rowell. "Consumer confidence is critical to a growing economy, and a growing economy creates jobs."

A simultaneous increase in jobs and the unemployment rate could suggest that more residents feel optimistic about finding work, according to a release from the Department of Employment Security. As that optimism grows, more people re-energize their job search, which is reflected in a higher unemployment rate. The rate is based on people actively seeking employment.

In October, the number of unemployed people in the state increased by 5,700. There were a total of 668,800 unemployed individuals in the state in October. The total number of unemployed people in Illinois has declined by 71,300 since January of 2010, according to the Department of Employment Security.

Leading the job growth in October was professional and business services, which added 10,60 jobs. That was followed by trade, transportation and utilities which added 5,400 jobs, educational and health services which added 5,300 jobs, and leisure and hospitality services which added 3,800 jobs. Manufacturing added 1,400 jobs while construction added 800 jobs.

Job losses where noted in government, which lost 600 jobs, mining which lost 200 jobs and other services which lost 400 jobs.

October's unemployment rate is up from the rate of 9.6 percent recorded in October of 2010, and it is higher that the national rate of 9 percent in October. It also is well above the rate for Wisconsin, which was 7.7 percent in October, down slightly from 7.8 percent in September.

The Illinois Department of Employment Security is planning to release unemployment figures for cities and counties next week.

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2 comments:

  • beloit51 posted at 8:07 am on Sun, Nov 20, 2011.

    beloit51 Posts: 1639

    Watch how Wi.comes up with added jobs for November? Part time,seasonal,holiday yet will scream in the headlines "Wi. Adds JOBS".Too Long,too few Job growth,Zero Hand-Up.Daily dire outlook for Wisconsinites.How long before a general uprising? Wisconsinite's deserve,desire JOBS.What more can one try to secure A JOB??

    "Your Humble (Unemployed) Servant"

     
  • cynicaleye posted at 1:23 pm on Sat, Nov 19, 2011.

    cynicaleye Posts: 506

    So that's where the 9700 jobs went that Wisconsin lost in October.

     

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