Illinois jobless rate holds at 8.7 percent in December


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Posted Online: Jan. 17, 2013, 1:41 pm
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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, Oct. 20, the 293rd day of 2014. There are 72 days left in the year.

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1889 -- 125 years ago: Michael Malloy was named president of the Tri-City Stone Cutters Union.
1914 -- 100 years ago: Dewitte C. Poole, former Moline newspaperman serving as vice consul general for the United States government in Paris, declared in a letter to friends that the once gay Paris is a city of sadness and desolation.
1939 -- 75 years ago: Plans for the construction of an $80,000 wholesale bakery at 2011 4th Ave. were announced by Harry and Nick Coin, of Rock Island. It is to be known as the Banquet Bakery.
1964 -- 50 years ago: An application has been filed for a state permit to organize a savings and loan association in Moline, it was announced. The applicants are Ben Butterworth, A.B. Lundahl, C. Richard Evans, John Harris, George Crampton and William Getz, all of Moline, Charles Roberts, Rock Island, and Charles Johnson, of Hampton.
1989 -- 25 years ago: Indian summer is quickly disappearing as temperatures slide into the 40s and 50s this week. Last week, highs were in the 80s.


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