Thursday, May 21, 2009

State joblessness hit 25-year high in April

Crain's:
Unemployment in Illinois jumped to a 25-year high in April, according to government figures.

The jobless rate rose to 9.4% last month, up from 9% the prior month and the highest since April 1984, according to the Illinois Department of Employment Security. That pushed the total number of unemployed workers to 619,500, the largest since August 1983. During the same period a year ago, employers reduced payrolls by 255,400.

The decline was led by an 8,900-job drop in manufacturing. Trade, transportation and utilities companies cut 5,400 workers, and construction companies cut 4,800. The report also showed non-farm payrolls declined by 23,100 last month.

Government and mining were the only two industry areas that added workers. The state added 9,000, while mining companies hired 100.

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