The unemployment rate is down again in Illinois. It fell 2/10th of a point, from 6.6 percent in October to 6.4 percent in November, the Illinois Department of Employment Security announced Thursday. It hasn’t been lower in 6½ years, and it’s a big drop from the 9 percent rate one year ago.
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“Reports in previous years had some job growth, but not the corresponding decline in the unemployment rate,” says Greg Rivara of the Illinois Department of Employment Security. “This year, we have had the job growth and the corresponding decline in the unemployment rate, and there have been significant monthly declines throughout this year.”
Illinois added 2,300 jobs over the last month and 32,400 over the year.
Manufacturing saw a bump of 3,600 jobs, and construction added 2,100 jobs, but retail trade dropped 8,700 positions. Rivara says that number might be revised, or it could be a true reflection of jobs lost due to e-commerce.