Local jobless rate up nearly half a point
The good news is that unemployment is 1.1 percentage points better compared to July 2010, when the rate stood at 9.9 percent. Another positive is that 100 non-farm payroll jobs have been added here over the past year — although all this was before 31 employees joined the ranks of the unemployed Monday when ADM Galesburg closed — with government adding 175 jobs. The biggest loser in the year-to-year comparison was retail, which lost 150 jobs. One of two nearby metropolitan areas where many area residents commute to for work now has the lowest jobless rate among the state’s 12 metro area. The Quad City unemployment rate in July was 7.1 percent, basically unchanged from 7 percent in June. The jobless rate in the Quad Cities has increased more slowly than most areas, from 6.6 percent in May to the current 7.1 percent. The July figure in the Quad Cities is the lowest for that month since 2008, when it stood at 5.1 percent. The Quad Cities has seen 2,700 non-farm jobs added in the past year, the bulk of those in manufacturing — 1,800 — as well as construction and leisure-hospitality, which each added 1,000 jobs. On the minus side, retail also took a hit north of here, with the Quad Cities losing 900 jobs in that field over the past year. While the state has touted the year-to-year comparison, which showed all of the metro areas’ unemployment rates down or unchanged from 2010, the month-to-month comparisons are beginning to lag. There were three metropolitan areas in the state with double-digit jobless rates in June. That number is now up to five, or almost half. Areas that traditionally have low unemployment rates continue to see more people added to the jobless rolls. Bloomington-Normal, although still second lowest in the state, stands at 7.4 percent, compared to 5.9 percent in May. Springfield has seen its unemployment rate jump to 7.5 percent, while Champaign-Urbana hit 8.9 percent in July.Amount Of Unemployed People - News
The May percentage is the lowest since May 1987. “Most of the decrease in labor force participation can be attributed to unemployed people giving up their job searches,” Reinhold wrote in the Illinois Labor Market Review. Long-term unemployed persons
Overall, the unemployment rate increased in 39 counties and remained the same in 13. The number of workers statewide employed increased in July by 26393 to 4085344. The number of people unemployed decreased by 743. The number of unemployed people in
PARIS -- The number of unemployed people actively seeking work in France rose in July for the third consecutive month after economic growth ground to a halt in the second quarter. At the end of July, there were 2756500 category A job seekers in France,
In July, the registered unemployed declined by 318, or 4.7%, when compared to the corresponding month last year. The number of people registering for work amounted to 6510. According to administrative records held at the Employment and Training
The number of people reporting they were unemployed decreased by 1900, and the labor force contracted by 1100. Sachse said people in the latter group either retired or became so discouraged they stopped looking for work. He said as much as 25 percent
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14 million unemployed people in the USA. That is 3 times the amount of people that live in this country. HATE THAT LOLOLOL.
RT @: 14 million people are unemployed. Meaning there are 4 times the amount of people that need a job than jobs that are available.
RT @: 14 million people are unemployed. Meaning there are 4 times the amount of people that need a job than jobs that are available.
Fun facts RT @: 14 million people are unemployed. Meaning there are 4x the amount of people that need a job than jobs available.
RT @: 14 million people are unemployed. Meaning there are 4 times the amount of people that need a job than jobs that are available.