Illinois jobless rate falls to lowest point since start of pandemic

Illinois jobless rate falls to lowest point since start of pandemic

By PETER HANCOCK
Capitol News Illinois
phancock@capitolnewsillinois.com

SPRINGFIELD – The Illinois economy added 18,800 jobs during June as the unemployment rate fell to 4.5 percent, the lowest it has been since the start of the COVID-19 pandemic.

That is down one-tenth of a percentage point from May, and down two full percentage points from June 2021.

Preliminary numbers released by the U.S. Bureau of Labor Statistics and the Illinois Department of Employment Security showed the sectors with the biggest gains during June were leisure and hospitality, professional and business services, construction, and educational and health services.

Slight declines were reported in the financial industry and the catch-all category “other services.”

“With the statewide unemployment rate at its lowest since the onset of the pandemic, the data released (Thursday) is a further reflection of continued economic recovery and evidence of a strengthening Illinois labor market,” Deputy Governor Andy Manar said in a statement.

Prior to the pandemic, Illinois had seen its lowest unemployment rate ever, at 3.5 percent in December 2019. It climbed to 4.9 percent in March 2020, when the World Health Organization declared a pandemic existed, and reached a historic high of 17.4 percent in April 2020 after restaurants, bars, theaters and other “nonessential” businesses were ordered to close in an effort to contain the spread of the virus.

The state’s jobless rate has since been on a continuous downward trend as businesses gradually reopened.

The trend in Illinois mirrors what has been happening nationally, although the state continues to lag behind the rest of the country in its recovery. The U.S. unemployment rate stood at 3.6 percent, unchanged from the month before but down from its peak of 14.7 percent in April 2020.

Illinois’ unemployment rate also stood higher than all of its surrounding states. Indiana, Missouri, Iowa and Wisconsin all had jobless rates below 3 percent while Kentucky stood at 3.7 percent. In fact, the 4.5 percent rate recorded in Illinois was the fifth highest in the nation. Pennsylvania and Delaware also were at 4.5 percent.

The economic recovery also has had its downside. Growing employment and rising wages have brought about increased consumer demand at the same time supply chains needed to satisfy that demand have remained bottlenecked, causing prices to spiral upward at an annual rate of 9.1 percent in June.

 

Capitol News Illinois is a nonprofit, nonpartisan news service covering state government and distributed to more than 400 newspapers statewide. It is funded primarily by the Illinois Press Foundation and the Robert R. McCormick Foundation.

Leave a Comment





Local News

dvn 6-14-24 riot fest lineup

Riot Fest abandons Chicago park for SeatGeek Stadium

Spread the love

Spread the loveBy Bob Bong Last year, Lyrical Lemonade moved its Summer Smash hip-hop music festival from Chicago’s Douglass Park to Bridgeview’s SeatGeek Stadium. Thousands of fans poured into the stadium at 7100 S. Harlem Ave. over the course of three days and, by most accounts, enjoyed the experience. Summer Smash returned to SeatGeek this…

Alyssa Blomberg of the group Ramzi and the Loafers, sings during a performance last year at Orland Park’s inaugural SummerFest. (Photo by Jeff Vorva)

Comings & Goings: Orland Park Summerfest returns this weekend

Spread the love

Spread the loveBy Bob Bong Back for a second go round this weekend is the Orland Park Area Chamber of Commerce’s Summerfest. The event combines a carnival, live music, an array of dining options and a car show, at the 153rd Street Metra Station location in Orland Park and will run from Friday, June 14,…

dvn 6-13-24 township repair cafe for 6-15

Repair Cafe this Saturday at Township of Lyons HQ

Spread the love

Spread the loveBy Steve Metsch Repair cafes have become quite the thing for the Township of Lyons. So much so that another repair cafe will be offered from 10 a.m. to 1 p.m. this Saturday, June 15, at the township office, 6404 Joliet Road in Countryside. A repair café held in May was a smashing…

Father’s Day will be especially hard for Jonathan and Kayla, children of the late Arturo Cantu, one of his sisters said. (Supplied photo)

‘They didn’t have to kill my brother’ – sister of slain Bridgeview man

Spread the love

Spread the loveBy Steve Metsch Arturo Cantu should be celebrating two big events this weekend. He would have celebrated his 40th birthday on June 14. And, a sister said, he would have enjoyed Father’s Day on Sunday, spending time with family and his two young children. Instead, 10 family members and friends gathered in a…

Sisto Brito

‘You just learn to live with the pain’

Spread the love

Spread the loveStatus hearing in July for McCook murder By Steve Metsch The attorney representing a Chicago man charged with murdering a Blue Island man in McCook in February told a judge Wednesday there’s been “a significant and outstanding discovery in this matter.” Attorney Damon Cheronis made his comment before Cook County Circuit Court Judge…

lagrange police logo

Man shot in La Grange; suspect arrested in Stickney

Spread the love

Spread the loveBy Steve Metsch A man was shot Tuesday afternoon in La Grange, according to a news release received Wednesday from the police department. A suspect has been apprehended, the release said. The shooting victim remains in stable condition at a local hospital, the release said. La Grange Police, working with the Major Case…

CRR_NH

Clear-Ridge Reporter and NewsHound June 12, 2024

Spread the love

Spread the love

Softball stock

Softball | Marist will play for state title for fourth straight season

Spread the love

Spread the loveBy Randy Whalen Correspondent Marist returned to the state title game for the fourth straight season with a 7-1 victory over Mundelein in the semifinals, held June 7 at Louisville Slugger Sports Complex in Peoria. The Mustangs (36-2) were making their first appearance at state since 1996. “We have a core group of returners,”…

Terrence Hickey is retiring at the end of June after working 18 years as a building inspector for the village of McCook. (Photo by Steve Metsch) 

McCook building inspector retires after 18 years

Spread the love

Spread the loveBy Steve Metsch After 18 years of inspecting buildings, be it a modest bi-level house or a sprawling multi-million-dollar warehouse, Terrence Hickey is retiring from the village of McCook. His retirement takes effect June 28, Mayor Terrance Carr said during the June 3 meeting of the village board. “I’m jealous,” Carr said. “(He’s…

Members of Summit Girl Scout Troop 56615. (Supplied photo)

New Summit Girl Scout troop off and running

Spread the love

Spread the loveBy Carol McGowan There’s a new Girl Scout Troop in Summit, and they have been busy. Troop 56615 is made up of girls from Summit School District 104 from first-grade to third-grade, and between 7-9 years old, making them Brownies in the scouting world. They have 10 girls so far, and Troop Leader…

Neighbors

Richards High School took third place at the Illinois Speech-Language-Hearing Association Regional on February 5. For the first time in program history, Richards’ students in all 15 competitive events advanced to the sectional tournament the following weekend. (Supplied photos)

Richards’ Obadi advances to state speech finals

Spread the love

Spread the loveBy Kelly White The varsity speech team from Richards High School continues to impress. For the 15th season in a row, the school, 10601 Central Ave., Oak Lawn, had at least one speech team member advance to state. “One of my most important responsibilities as coach of this program is to continue the…

Oak Lawn High School"s Performance in the Round “To Sleep with the Angels” (about a fire that happened at Our Lady of the Angels) placed fourth in the IHSA State Competition the weekend of February 19 in Peoria. (Supplied photos)

Oak Lawn Community High School speech team goes to state

Spread the love

Spread the loveBy Kelly White Oak Lawn Community High School’s Speech Team has been showcasing its talent. The team at the school, 9400 Southwest Highway, Oak Lawn, competed at the Illinois High School Association state competition the weekend of February 19 in Peoria. IHSA is a state high school association in the United States that…

A now-healed bald eagle takes a few steps out of a carrying crate after being released at Ottawa Trail Woods in Lyons. (Supplied photos)

Poisoned eagle healed, released to mate 

Spread the love

Spread the loveBy Kelly White  Wildlife advocates recently released a bald eagle back into the wild at Ottawa Trail Woods at 47th Street and Harlem Avenue in Lyons. The release marked the end of a six-week rehabilitation stint that started on New Year’s Day when the bird was found on the ground in the woods.…

Catherine Ramicone is crowned 2022 Queen by former queen Faith Benson. (Photos by Steve Metsch)

Countryside crowns queen for St. Patrick’s Day Parade

Spread the love

Spread the loveBy Steve Metsch Catherine Ramicone fondly recalls watching the Countryside St. Patrick’s Day Parade each March and seeing the queen waving from a convertible. “I never imagined being queen, but I am now,” Ramicone said. “I’m so proud to be queen because I’ve lived in Countryside my whole life,” The Lyons Township High…

Chicago Police Department

Police Reports

Spread the love

Spread the loveShot in the head and killed on Hermitage A 28-year-old man was shot in the head and killed as he sat in a vehicle in the 5300 block of South Hermitage at 6:05 p.m. Sunday, Feb. 20. Police said the victim was approached by three unknown men who surrounded the vehicle and demanded…

Masks remain the order of the day at public and parochial schools across the city, although many appear to be ignoring public health advice on social distancing. As photos generated by the schools themselves show, it is not unusual for masked students to cluster—causing consternation among some but used by others to claim mask mandates are little more than “public health theater” that is more about appearances than preventing the spread of disease. --Supplied photo

Masks for the moment

Spread the love

Spread the loveSchools still requiring face coverings By Peter Hancock Capitol News Illinois and Tim Hadac With all the machinations in Springfield over mask mandates for schools, parents in the city this week wondered if and when their children may remove their masks at school. “This is crazy,” said Brighton Park resident Ana Sanchez-Nowak. “Kids…

18th Ward Ald. Derrick G. Curtis

‘Will be great for everyone’

Spread the love

Spread the lovePete’s coming to 87/Kedzie, Curtis says  By Tim Hadac Pete’s Fresh Market, which had been planned for the vacant Luther South High School site at the northeast corner of 87th and Kedzie, will instead move into the vacant Ultra Foods site on the northwest corner of the intersection. “This will be great for…

GSWNH_MahAndJB_022522

Tigers on Archer Avenue

Spread the love

Spread the love State Rep. Theresa Mah (center) shares a joyful moment with Governor JB Pritzker at last week’s new year’s parade near Archer Avenue. This month begins the Chinese lunar new year, the Year of the Tiger, which will last into early January 2023. Mah’s district includes McKinley Park, which has a large and…

Cook County Board President Toni Preckwinkle

Apply for violence prevention funds, Preckwinkle says

Spread the love

Spread the loveFrom staff reports Community organizations engaged in violence prevention are invited to attend a series of virtual information sessions for the upcoming Gun Violence Prevention & Reduction Grant opportunity. The information sessions will help local organizations understand the application process for nearly $50 million in funding that will be awarded in the city and suburban…

Cook County Assessor Fritz Kaegi

Kaegi hosts webinars on affordable housing

Spread the love

Spread the loveFrom staff reports The Cook County Assessor’s Office has announced dates for its upcoming informational webinars about a new affordable housing property tax incentive. Created by state statute, the Affordable Housing Special Assessment Program provides property tax relief to incentivize the creation, rehabilitation and maintenance of affordable housing units in Cook County. While…