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Illinois Unemployment Ticks Downward to 11.3%
Unemployment in Illinois fell 3.2 percentage points to 11.3%, while nonfarm payrolls added 93,200 jobs in July, the Illinois Department of Employment Security said Thursday. However, the state’s unemployment rate remains higher than the national rate, reported at 10.2% for July.
In July, the three industry sectors with the largest monthly gains in employment were: Leisure and Hospitality (+65,300), Education and Health Services (+14,100) and Professional and Business Services (+8,400). The sectors with the largest payroll declines were: Manufacturing (-4,600), Construction (-3,300) and Information (-1,200).
“While data from July demonstrate continued progress in the face of extraordinarily challenging economic times, it’s clear the pandemic is continuing to have an unprecedented effect on our economy,” said Michael Negron, acting director of the state’s Department of Commerce and Economic Opportunity.
Compared to a year ago, nonfarm payroll employment decreased by 508,000 jobs, with losses across all major industries.
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- ◦Economy