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IL July Monthly Unemployment Increases

8/21/2011

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Friday Aug 19th, the Bureau of Labor Statistics (BLS) released their July 2011 regional and state unemployment rates.  Illinois is tied in ranking for 36th place at 9.5% for state unemployment rates along with Kentucky, New Jersey and Oregon. North Dakota and Nebraska are ranked number one and two with unemployment rates of 3.3% and 4.1% respectively.

At the bottom of the rankings are Nevada and California at 12.9% and 12% respectively.  The July national unemployment is 9.1%, down from 9.2% in June.

The seasonally adjusted month over month unemployment rate increase of 0.4% from 9.1% to 9.5%, ranked IL as one of the five states with the largest July increases.

On a historical basis (data beginning in 1976), the highest recorded rate for the IL unemployment rate is 12.9% from December 1982 to February 1983. The lowest recorded rate is 4.2% in February 1999. IL last reached 9.5% unemployment in October/ November 2010.

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