The Illinois Department of Employment Security (IDES) announced today that the unemployment rate increased +0.7 percentage point to 7.6 percent, while nonfarm payrolls were nearly unchanged, down -2,500 jobs in December, based on preliminary data provided by the U.S. Bureau of Labor Statistics (BLS) and released by IDES. The November monthly change in payrolls was revised from the preliminary report, from -20,000 to -16,200 jobs. The November unemployment rate was unchanged from the preliminary report, holding at 6.9 percent.
The December payroll jobs estimate and unemployment rate reflects activity for the week including the 12th. The BLS has published FAQs for the December payroll jobs and the unemployment rate.
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