Illinois Payroll Jobs, Unemployment Rate Up in August
SPRINGFIELD – The Illinois Department of Employment Security (IDES) announced today that nonfarm payrolls were up +800 while the unemployment rate increased +0.1 percentage point to 5.3 percent in August, based on preliminary data provided by the U.S. Bureau of Labor Statistics (BLS), and released by IDES. The July monthly change in payrolls was revised from the preliminary report, from +12,900 to +10,300 jobs, while the revised unemployment rate was 5.2 percent, unchanged from the preliminary July unemployment rate. The August payroll jobs estimate and unemployment rate reflect activity for the week including the 12th. In August, the industry sectors with the largest over-the-month job gains included: Trade, Transportation, and Utilities (+2,300), Construction (+2,200), and Financial Activities (+1,600). The industry sectors with the largest monthly payroll job declines included: Leisure and Hospitality (-2,900), Professional and Business Services (-1,600), and Other Services