January 22, 2022  SEONews

Statewide Unemployment Rate Down, Payroll Jobs Up In December – Samantha Laturno

Springfield, IL-(Mattoon Radio)- The Illinois Department of Employment Security (IDES) announced today that the unemployment rate fell -0.4 percentage point to 5.3 percent, while nonfarm payrolls increased by +22,800 in December, based on preliminary data provided by the U.S. Bureau of Labor Statistics (BLS) and released by IDES. The preliminary report for November monthly payrolls was revised from +19,500 to +19,900 jobs. The November unemployment rate was unchanged from the preliminary report, remaining at 5.7 percent.

The December payroll jobs estimate and unemployment rate reflects activity for the week including the 12th. The BLS has published FAQs for the December payroll jobs and the unemployment rate.

In December, the three industry sectors with the largest over-the-month gains in employment were: Professional and Business Services (+9,400), Trade, Transportation and Utilities (+8,500), and Leisure and Hospitality (+2,200). The industry sectors that reported monthly payroll…

Read Full Story: https://www.effinghamradio.com/2022/01/22/statewide-unemployment-rate-down-payroll-jobs-up-in-december/

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