The Illinois Department of Employment Security (IDES) announced today that the unemployment rate was 4.7 percent in August, down -0.2 percentage point from July, and up +0.4 percentage point from the same month, one year ago, based on data provided by the U.S. Bureau of Labor Statistics (BLS). The revised July unemployment rate was 4.9 percent.
Total nonfarm payrolls decreased over-the-month in August, down -4,400 (-0.1%) to 6,175,600. The July monthly change in payrolls was revised from the preliminary report, from +11,700 to +15,300. The August payroll jobs estimate and unemployment rate reflect activity for the week including the 12th.