April Unemployment Rate

The unemployment rate in Illinois is down slightly.
The April rate, announced today (Thursday), comes in at 9.3 percent, down two-tenths of a percentage point from March. This is in spite of the fact that the state lost 2,000 jobs in April, the second consecutive month of job losses.
“It’s probably a result of a little bit of a pause in this economic cycle, probably a little bit of a result of simply some bad weather in March and April, where we didn’t see as [many] construction jobs [as] we would like,” said Greg Rivara of the Illinois Department of Employment Security.
The number of unemployed in Illinois fell by 18,000 (2.9 percent) to 611,000. The number of people working was 5.77 million.
Rivara notes that in the 40 months since the recovery began in 2010, Illinois has gained jobs in 27 months – but it’s still a slow recovery in terms of employment.

(Copyright 2013 Illinois Radio Network.)

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