SPRINGFIELD – The Illinois Department of Employment Security (IDES) announced today that the unemployment rate fell -0.1 percentage point to 4.7 percent, while nonfarm payrolls increased by +18,300 in March, based on preliminary data provided by the U.S. Bureau of Labor Statistics (BLS) and released by IDES. The February monthly change in payrolls was revised from the preliminary report, from +19,600 to +25,100 jobs. The February unemployment rate was unchanged from the preliminary report, remaining at 4.8 percent. The March payroll jobs estimate and unemployment rate reflects activity for the week including the 12th. In March, the industry sectors with the largest over-the-month gains in employment were: Professional and Business (+9,700), Financial Activities (+3,800), and Leisure and Hospitality (+3,500). The industry sectors that reported monthly payroll declines were: Trade, Transportation, and Utilities (-3,500), Other Services (-1,200), and Mining (-100). “We are
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