By Will County Gazette |
Dec 1, 2023
The Illinois Department of Employment Security (IDES) has reported an increase in the state's unemployment rate. According to preliminary data from the U.S. Bureau of Labor Statistics (BLS), the unemployment rate rose by 0.2 percentage points to 4.6 percent, while nonfarm payrolls decreased by 15,000 in October. This data reveals a decline in job opportunities across various sectors.In October, the Professional and Business Services sector experienced the largest monthly payroll job decline of 6,700, followed by Manufacturing (-5,300), Financial Activities (-2,900), and...