The Illinois unemployment rate fell to 7.9 percent last month, marking its lowest point since 2008 and the largest monthly decline since data was first collected in 1976.
The data was released Thursday by the Bureau of Labor Statistics and the Illinois Department of Employment Security. The unemployment rate in March was 8.4 percent.
“As Illinois’ economy continues to gain momentum, April’s numbers reflect more people getting back to work and more employers adapting to the new national economy.” IDES Director Jay Rowell said.
The total number of unemployed individuals in the state fell by 6.5 percent to 516,000. That’s despite the fact that early estimates suggest that there were 7,800 fewer private sector jobs in April.
The state unemployment rate is still far higher than the national unemployment rate, which fell to 6.3 percent in April.
The unemployment rate counts those who are out of work and seeking employment. When a person gives up their search, they are no longer counted.Copyright © 2015, The Baltimore Sun