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Illinois Payroll Jobs Up, Unemployment Rate Stable in April

Announcement – Thursday, May 16, 2024

Contact: Rebecca Cisco  |  217-524-1219  |  PDF Version

 

SPRINGFIELD – The Illinois Department of Employment Security (IDES) announced today that the unemployment rate was unchanged at 4.8 percent, while nonfarm payrolls increased +7,300 in April, based on preliminary data provided by the U.S. Bureau of Labor Statistics (BLS), and released by IDES.  The March revised unemployment rate was 4.8 percent, unchanged from the preliminary March unemployment rate.  The March monthly change in payrolls was revised from the preliminary report, from +12,700 to +10,000 jobs.  The April unemployment rate and payroll jobs estimate reflect activity for the week including the 12th.

In April, the industry sectors with the largest over-the-month job gains included: Professional and Business Services (+4,900), Private Education and Health Services (+3,400), and Leisure and Hospitality (+1,900).  The industry sectors with the largest monthly payroll job declines included Financial Activities (-1,300), Government (-1,100), and Manufacturing (-800).

“Expanded payroll jobs and a stable unemployment rate are both further indications that the Illinois labor market and economy remain strong,” said Deputy Governor Andy Manar.  “IDES is committed to continuing to provide jobseekers and employers the resources they need to take advantage of new and expanding workforce opportunities.”

“As payroll jobs steadily increase, DCEO continues to provide resources to support Illinois’ job seekers, workers and employers,” said DCEO Director Kristin Richards.  “Illinois’ economy is strong, and the State of Illinois remains committed to investing in its growing world-class workforce.”

The state’s unemployment rate was +0.9 percentage point higher than the national unemployment rate reported for April.  The national unemployment rate was 3.9 percent in April, up +0.1 percentage point from the previous month.  The Illinois unemployment rate was up +0.6 percentage point from a year ago when it was 4.2 percent.

Compared to a year ago, total nonfarm payroll jobs increased by +37,400 jobs.  However, there were losses across most major industries.  The industry groups with the largest jobs decreases included: Professional and Business Services (-33,100), Trade, Transportation, and Utilities (-6,900), and Financial Activities (-6,800).  The industry groups with the largest jobs increases included: Private Education and Health Services (+29,200), Government (+27,700), and Leisure and Hospitality (+19,600).  In April, total nonfarm payrolls were up +0.6 percent over-the-year in Illinois and up +1.8 percent in the nation.

The number of unemployed workers was 313,200, up +0.3 percent from the prior month, and up +17.1 percent over the same month one year ago.  The labor force was up +0.1 percent over-the-month and up +1.3 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.

IDES helps connect jobseekers to employers who are hiring in a number of ways, including hosting and co-hosting job fairs and hiring events with statewide workforce partners, and through maintaining Illinois JobLink (IJL), the state’s largest job search engine.  IJL is a tool used by jobseekers to look for work, and by employers who can post open and available positions for hire and browse resumes.  Recently, IJL showed 57,462 posted resumes with 89,988 jobs available.

Seasonally Adjusted Unemployment Rates - See PDF

Illinois Seasonally Adjusted Nonfarm Jobs – by Major Industry  - See PDF

About the Department of Employment Security

The Illinois Department of Employment Security (IDES) provides vital employment services to Illinois workers, jobseekers, and employers with resources including Job FairsIllinoisJobLink.com, and WorkShare IL, analyzes and disseminates actionable Labor Market Information, and administers the Unemployment Insurance Program.  To see the full range of services provided by IDES, and for the latest news concerning the department, visit IDES.Illinois.gov.