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Statewide Unemployment Rate Down, Payroll Jobs Up

Rising Inflation chart up trending trend graph
SPRINGFIELD – The Illinois Department of Employment Security announced that the unemployment rate fell to 4.7 percent, while nonfarm payrolls increased by over 18,000 jobs in March, based on preliminary data provided by the U.S. Bureau of Labor Statistics. The state’s unemployment rate was 1.1 percentage points higher than the national unemployment rate reported for March, which was 3.6 percent. The unemployment rate identifies those individuals who are out of work and seeking employment. An individual who exhausts or is ineligible for benefits is still reflected in the unemployment rate if they actively seek work.
“We are pleased to see another positive sign of Illinois’ continued economic growth,” said Deputy Governor Andy Manar.

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