Statewide Unemployment Rate Continues to Drop, Payroll Jobs Up in July – myradiolink.com

For Immediate Release

Statewide Unemployment Rate Continues to Drop, Payroll Jobs Up in July

SPRINGFIELD – The Illinois Department of Employment Security (IDES) announced today that the unemployment rate fell -0.1 percentage point to 4.4 percent, while nonfarm payrolls increased by +31,200 in July, based on preliminary data provided by the U.S. Bureau of Labor Statistics (BLS) and released by IDES. The June monthly change in payrolls was revised from the preliminary report, from +18,800 to +16,000 jobs. The June unemployment rate was unchanged from the preliminary report, remaining at 4.5 percent. The July payroll jobs estimate and unemployment rate reflect activity for the week including the 12th.

In July, the industry sectors with the largest over-the-month gains in employment include: Professional and Business Services (+10,000), Manufacturing (+6,300), and Trade, Transportation and Utilities (+5,700). The industry sectors that reported monthly payroll declines include:…

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