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Illinois Employment Surpasses Previous Peak
Employment across the region and state hit a new peak this past summer, according to the Illinois Department of Employment Security. As of January, Illinois nonfarm payrolls were 0.4% above the prior high set in 2000.
“Illinois job growth over the past year has been spurred by a resurgence in manufacturing,” said IDES director Jeff Mays. “Over the year, manufacturing payrolls accounted for close to half of the total increase of jobs in Illinois.”
Added Sean McCarthy, Illinois Department of Commerce and Economic Opportunity director, “Just last week, our state was named in the top three for site selection and our strengths within identified industries, like manufacturing, are elevating our efforts to attract investment to Illinois.”
IDES data for January showed that manufacturing added 20,000 of the 47,000 jobs created statewide on a year-over-year basis. Monthly gains were largest for the leisure and hospitality sector, where 4,000 positions were added.
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- ◦Economy
