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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.

For comments, questions or concerns, please contact Paul Bubny

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Inside The Story

Read more at Illinois.govConnect With DCEO’s Negron

About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

  • ◦Economy