SPRINGFIELD – The Illinois Department of Employment Security (IDES) announced today that nonfarm payrolls increased +14,800 (+0.2%) over-the-month to a record high of 6,172,300 in March. The previous record was set in December 2024, with 6,161,000 jobs. Additionally, the February monthly change in payrolls was revised from the preliminary report of -6,500 to +900. The unemployment rate remained unchanged at 4.8 percent in March, while the revised unemployment rate was 4.8 percent, unchanged from the preliminary February unemployment rate. The March payroll jobs estimate and unemployment rate reflect activity for the week including the 12th. The industry sectors with the largest over-the-month job increases included: Government (+4,500), Trade, Transportation and Utilities (+2,600), and Private Education and Health Services (+2,200). The industry sectors with monthly payroll job decreases included Information (-400) and Financial Activities (-300). Compared to a year ago,
Continue Reading