New manufacturing jobs spur IL to new peak levels of employment

14 March, 2018, 06:22 | Author: Gladys Mathis
  • January unemployment rate sets new record low nearly 40,000 fewer unemployed			 0					By		Elizabeth Lauten

The state added 200 jobs over the month. "We look forward to seeing the many more opportunities that will be created throughout the year as more job creators choose to grow in Florida".

Houston County's rate rose to 4.3 percent in January, well below of the 6.0 percent figure registered in January 2017. Both have stayed in place since then.

Statewide unemployment held at a seasonally adjusted 3.9 percent January, the same as the revised rate for December, but down 0.7 percent from January 2016's rate of 4.6 percent.

More people are working in Illinois according to new data released by the Illinois Department of Employment Security (IDES).

Compared to previous year, Iowa expanded on its yearly growth in January and has been fueled by hiring in durable and nondurable goods manufacturing.

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In December, state officials announced there 369,000 people without jobs out of a workforce of 10.1 million. It's the third lowest January unemployment rate since 1990.

For December to January, 3,505 individuals gained a job, while 407 exited the job market, for an overall increase to the labor force of 3,912. The January job gains were balanced with a reduction in the categories of real estate, retail trade, government, and transportation, warehousing and utilities. There were no big winners other than construction, with a 1 percent gain (28,600) jobs.

"Illinois job growth over the past year has been spurred by a resurgence in manufacturing", said IDES Director Jeff Mays.

Some economists say much of North Carolina's economic recovery has come from piggybacking on the USA recovery, or that the biggest factor in the labor force increase has been people moving into the state - particularly Charlotte and the Triangle - in hopes of finding work.

The number of nonfarm payroll jobs increased by 7,100 to 2,693,900 jobs while total employment increased by 4,000 to 2,942,000, according to the Colorado Department of Labor and Employment. Federal labor figures do reflect those distinctions, summing them up under what the Bureau of Labor Statistics calls the alternative measure of labor underutilization.

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