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Illinois jobless rate holds at 8.7 percent in December
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CHICAGO (AP) — Illinois' unemployment rate held steady at 8.7 percent in December. Preliminary data released Thursday by the Illinois Department of Employment Security show there are 576,000 Illinois residents out of work. The rate doesn't reflect unemployed people who've quit looking for work. IDES Director Jay Rowell says the state's long-term trend is 'moderate growth punctuated by monthly up-and-down movement in the unemployment rate and the number of people working.' Rowell says the positive trend is threatened by continuing deliberations in Washington on the debt ceiling and the fiscal cliff. December's seasonally adjusted rate is 1 percentage point lower than December 2011. Illinois has added 167,000 private sector jobs since January 2010. That's when job growth started returning following almost two years of consecutive monthly declines. 
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Today is Monday, May 20, the 140th day of 2013. There are 225 days left in the year.
1863 -- 150 years ago: A petition is being circulated asking the city council to order awell bored in Market Square. It would be a great accommodation to the public.
1888 -- 125 years ago: At 1 p.m. on May 18 the Mississippi River flooded its banks atRock Island and destroyed the warehouse of the Rock Island Lumber Co. and damagedRock Island Arsenal power plant. Total loss is estimated at $100,000.
1913 -- 100 years ago: Residents of Sough Rock Island Township are circulating apetition favoring the annexation of that area to the City of Rock Island.
1938 -- 75 years ago: A group of state members of the National Grandmothers Clubmeeting in Rock Island are making plans to petition for the observance of a NationalGrandmothers Day.
1963 -- 50 years ago: Deere and Co. reported today that its U.S. and Canadian sales forthe first half of the 1963 fiscal year set an all time record of $323,716.628.
1988 -- 25 years ago: William G. Lawrence, first administrative director, has retired fromPECO Enterprises, Inc. Prior to his service at PECO, Mr. Lawrence was the civilianpersonnel officer at the Rock Island Arsenal.
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