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Illinois unemployment rate stable in December

By: Gary Todd

SPRINGFIELD – The Illinois Department of Employment Security announced that the unemployment rate was unchanged at 4.7 percent based on data provided by the U.S. Bureau of Labor Statistics. The state’s unemployment rate was 1.2 percentage points higher than the 3.5 percent national unemployment rate reported for December. The number of unemployed workers was 303,200, unchanged from the prior month, but was down 6.6 percent over the same month last year. Compared to a year ago, nonfarm payroll employment increased by 161,000 jobs, with gains across nearly all major industries.
“Illinois’ stable employment market coupled with long-term improvements over the past two years serve as a testament to the State’s strong recovery efforts,” said DCEO Acting Director Kristin A. Richards.

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