Illinois payroll jobs on the rise

Slight Increase to Statewide Employment Rate in Augus
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SPRINGFIELD, Mo. (KBSI)The Illinois Department of Employment Security (IDES) announced today that the unemployment rate rose 0.1 percentage point to 4.5 percent, while non-farm payrolls increased by 4,100 in August, based on preliminary data provided by the U.S. Bureau of Labor Statistics (BLS) and released by IDES.

The July monthly change in payrolls was revised from the preliminary report, from 31,200 to 35,000 jobs. The July unemployment rate was unchanged from the preliminary report, remaining at 4.4 percent. The August payroll jobs estimate and unemployment rate reflect activity for the week including Aug. 12.

In August, the industry sectors with the largest over-the-month gains in employment include: Trade, Transportation and Utilities (+4,500), Construction (+3,500), and Government (+1,500). The industry sectors that reported the largest monthly payroll declines include: Manufacturing (-3,200), Professional and Business Services (-2,600), and Information (-500).

“The increase to statewide jobs and the continued historic decrease in continued claims levels for unemployment insurance benefits point to a strengthening Illinois labor market,” said Deputy Governor Andy Manar. “IDES remains committed to utilizing the tools at its disposal to connect employers and jobseekers who are looking to reenter the workforce and take advantage of the job opportunities throughout the state.”

“Illinois has seen considerable improvements in its unemployment rate and has added nearly 240,000 jobs, signaling a positive long-term trajectory,” said DCEO Director Sylvia I. Garcia. “Looking ahead, DCEO will continue to provide resources and training opportunities for job seekers while continuing to attract job-creators to Illinois.”

The state’s unemployment rate was 0.8 percentage point higher than the national unemployment rate reported for August, which was 3.7 percent, up 0.2 percentage point from the previous month. The Illinois unemployment rate was down -1.5 percentage points from a year ago when it was at 6.0 percent.

Compared to a year ago, nonfarm payroll employment increased by 239,700 jobs, with gains across nearly all major industries. The industry groups with the largest jobs increases include: Leisure and Hospitality (58,600), Professional and Business Services (51,900), and Trade, Transportation and Utilities (50,800). The Mining sector reported no change in payroll employment over-the-year. In August, total nonfarm payrolls were up 4.1 percent over-the-year in Illinois and up 4.0 percent in the nation.

The number of unemployed workers was up from the prior month, a 1.1 percent increase to 290,200 and was down 23.0 percent over the same month one year ago. The labor force was almost unchanged (0.0 percent) over-the-month and up 2.0 percent over-the-year. The unemployment rate identifies those individuals who are out of work and seeking employment. An individual who exhausts or is ineligible for benefits is still reflected in the unemployment rate if they actively seek work.

In May 2020, Gov. Pritzker launched Get Hired Illinois, a new one-stop-shop website to help connect job seekers with hiring employers in real time. The site features virtual job fairs, no-cost virtual training, and includes IllinoisJobLink.com (IJL), the state’s largest job search engine, which recently showed 41,783 posted resumes with 153,112 available jobs.

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