Decatur unemployment rate holds steady


Decatur - October unemployment rates proved to be a mixed bag. Unemployment fell in six metro areas, increased in one and remained unchanged in one according to preliminary data released by the Illinois Department of Employment Security.

Decatur's unemployment rate remained at 11.7 percent. Champaign-Urbana non seasonally adjusted numbers ticked up to 7.7 percent (from 7.6). Springfield's non seasonally-adjusted unemployment rate went down slightly to 7.1 percent (from 7.2).

"Our overall economic growth will be slowed if Congress does not continue unemployment benefits for the long-term unemployed as it approaches another federal budget deadline in January," said IDES Director Jay Rowell.

The unemployment rate identifies those who are out of work and looking for work.; It is not tied to collecting unemployment insurance benefits. Historically, the state unemployment rate (8.3) is higher than the national rate (7.0).

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