Illinois Payrolls Up in April

The Illinois Department of Employment Security (IDES) announced today that nonfarm payrolls were up +20,900 jobs over-the-month and the unemployment rate was 4.4 percent in April, unchanged from the prior month, based on preliminary data provided by the U.S. Bureau of Labor Statistics (BLS) and released by IDES. The March jobs loss was revised upward from the preliminary report (from -2,800 to -6,100 jobs). Illinois employment patterns showed increased variability compared to previous years due, in part, to unusual weather.  As a result, some industry sectors, including Construction, saw exceptionally large payroll growth in April. Average payroll employment growth during the February to April three-month period, which provides a more stable measure of payroll employment change, was +1,300 jobs, with the largest gains in Professional and Business Services (+1,900), Leisure and Hospitality (+1,200) and Other Services (+800) Over-the-year, nonfarm payroll employment increased by +83,500 jobs The state’s unemployment rate is +0.8 percentage points higher than the national unemployment rate reported for April  2019, which fell to 3.6 percent. The Illinois unemployment rate is up +0.1 percentage point from a year ago when it was 4.3 percent.

with the largest gains in these industry sectors in April: Professional and Business Services (+22,500), Leisure and Hospitality (+17,000) and Education and Health Services (+14,800). The industry sectors with over-the-year declines were: Information (-3,600) and Mining (-100). Illinois nonfarm payrolls were up +1.4 percent over-the-year as compared to the nation’s +1.8 percent over-the-year gain in April. The number of unemployed workers increased from the prior month, +0.8 percent to 286,700,  and was up +2.7 percent over the same month for the prior year. The labor force rose +0.1 percentage point over-the-month and +0.2 percentage point over-the-year. The unemployment rate identifies those individuals who are out of work and are seeking employment. An individual who exhausts or is ineligible for benefits is still reflected in the unemployment rate if they actively seek work. To help connect jobseekers to employers who are hiring, IDES’ maintains the state’s largest job search engine, IllinoisJoblink.com (IJL), which recently showed 61,301 posted resumes with 97,027 jobs available.

 

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