The new numbers will be out soon, but the December jobless figures show the Illinois unemployment picture improved slightly for the second month in a row, down to 9.8% from 10% in November. While on the surface that may seem to be good news, that could also mean the job market has bottomed out, according to a spokesman with the Illinois Department of Financial and Professional Regulation.
January's decline is despite a loss of about 4,100 jobs in December, most in construction. Mark Terry says if you are looking for a job, you might not find it in the want-ads. You may need to start asking around.
The national unemployment rate for December was 8.5%.