Unemployment Report: Jobless Numbers Down From October 2011

Although unemployment is down from this time compared to last year, numbers slightly increased from September 2012 to October.

Unemployment rates in Illinois increased slightly from September 2012 to October, but are still down compared to 2011, according to new figures released last week. 

October local unemployment rates fell in every metro area compared to last year, according to data released by the U.S. Department of Labor and the Illinois Department of Employment Security.

"Falling unemployment rates across our state and the lowest October rates since 2008 show that that our steady economic progress continues," IDES Director Jay Rowell said in a news release. "We now look to Congress to address the fiscal cliff. If not resolved, our future economic progress will be in jeopardy."

IDES generally reports unemployment figures for municipalities with populations of 25,000 or more people. The numbers measure unemployment for residents who live in a certain town, not those who work in the town. 

Numbers specific to Lemont were not reported because of the population, but you can view unemployment rates of nearby communities in the charts below. 

Statewide the unemployment rate increased from 8.1 percent in September 2012 to 8.4 percent in October. Compared to October 2011, unemployment in Illinois has dropped 1.2 percent. 

The U.S. average unemployment rate was 7.5 percent in October 2012. 

Oct. 2012 Sept. 2012 Oct. 2011 % Change Over Month % Change Over Year Bolingbrook 7.9 7.4 9.1 0.5 -1.2 Homer Glen 6.7 6.3 8.4 0.4 -1.7 Lockport 8.0 7.6 9.8 0.4 -1.8 Orland Park 7.1 6.5 8.2 0.6 -1.1 Plainfield 6.9 6.5 8.1 0.4 -1.2 Romeoville 8.2 7.9 9.2 0.3 -1.0 Tinley Park 7.2 6.8 8.4 0.4 -1.2 Woodridge 7.5 7.0 8.8 0.5 -1.3 Cook County 9.0 8.5 10.4 0.5 -1.4 Will County 8.1 7.7 9.5 0.4 -1.4 Illinois 8.4 8.1 9.6 0.3 -1.2 U.S. Average 7.5 7.6 8.5 -0.1


Lemont Citizen November 29, 2012 at 07:06 PM
These figures are not entirely accurate because the people who are still unemployed and can no longer qualify for unemployment benefits are not represented in these figures. Those people amount to roughly 1% or more so in all reality the amount of unemployed is still the same as last 16 months.
Ray November 29, 2012 at 08:50 PM
The U-3 are the numbers always used, and it's an apples-to-apples comparison. It went from 8.9 in Oct '11 to 7.9 in Oct'12. If you want to use the U-4 numbers including "discouraged workers", it still went down - from 9.5 to 8.4.


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