Job growth takes hit with November drop

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ILLINOIS (WAND) – Illinois saw a drop in available jobs during the month of November.

Information from the U.S. Bureau of Labor Statistics shows nonfarm payrolls dropped by 1,100 jobs in November. Despite the job loss, the state’s unemployment rate held steady at 4.9 percent last month.

Statistics show job growth rates slowed down in Illinois when three-month and six-month trends are compared. From June to November in 2017, the state saw 800 new jobs per month. From September to November, the state saw only 100 new jobs per month. November’s job loss in Illinois put in dent in these averages.

“Illinois employment growth saw a lot of over-the-month ups and downs this past year,” said Illinois Department of Employment Security Director Jeff Mays. “But payrolls overall have increased by about a half-percent over the year to date, which is an additional 23,900 jobs.”

When looking at 2017 as a whole, Illinois saw employment growth in several industries: professional and business services (6,300 jobs), manufacturing (2,200 jobs) and construction (2,100 jobs), while payroll declines happened in government (-2,800 jobs), financial activities (-2,200 jobs) and other services (-2,100 jobs). Nonfarm payroll employment overall saw a boost in Illinois in 2017, with 25,900 jobs entering the state.

Illinois' 4.9 percent unemployment rate is higher than the national average, which sits at 4.1 percent. The state has lowered its unemployment rate from where it stood at the end of 2016 (5.8 percent).

“Our focus remains on creating a business-friendly environment that is conductive to opportunity,” said Illinois Department of Commerce and Economic Opportunity Director Sean McCarthy. “While we are still growing slower than the nation, Illinois is seeing the benefits of a pro-business administration that is committed to fostering innovation, attracting investment and creating jobs.”

Illinoisans seeking job opportunities are asked to check the Illinois Department of Employment Security job database, which can be found here. It had over 160,000 jobs available as of Dec. 21.

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