The SUI taxable wage base also increases to $12,960 for 2021, up from $12,740 for 2020 . See how other local areas compare by using our Unemployment Compare tool. St. Louis, MO 63102, More The Illinois unemployment rate was down -9.4 percentage points from a year ago when it was at 16.5 percent. U.S. Bureau of Labor Statistics, Release: Employer's Guide to Unemployment Insurance Tax in Illinois ... The U.S. Department of Labor says Illinois unemployment dropped to six-percent in October. Additionally, extended benefits (EB) for regular state unemployment insurance benefits reduced from 20 weeks to 13 weeks. Percent, Seasonally Adjusted, Frequency: That is greater than the total number of initial claims for the entirety of 2019 (489,831) and five times greater than the claims filed in the first five weeks of the 2008 great recession. Data in this graph are copyrighted. One Federal Reserve Bank Plaza, Murdock, . The state's 7.1% unemployment rate in Illinois is the 8th highest nationwide. Learn About Illinois Unemployment Benefits Extensions. The Illinois unemployment rate was up 4.2% from a year ago when it was 3.5%. If you have dependents, the maximum . Nov 19, 2021 | 5:12 AM. (Includes current, previous and year ago monthly unemployment rates for State, U.S., Metropolitan Areas, Counties, Cities, Micropolitan Areas, Combined Areas, Local Workforce Areas and Economic Development Regions) Seasonally Adjusted Metro A rea Unemployment Statistics. The Peoria metro area is seeing its unemployment rate drop to 5.5% in May after being reported at 6.5% in April. Estimates for the current month are subject to revision the following month . Preliminary data from the U.S. Bureau of Labor Statistics (BLS) showed the unemployment rate dropped 0.2 percentage points to 6.0 percent, while nonfarm payrolls increased by 40,900 in October. Peoria, IL. The current unemployment rate for Vermilion County is 7.1% in June 2021. Illinois unemployment fix still not decided. Rockford Illinois Unemployment Rate. More than 1 million Illinoisans out of work since COVID-19. SPRINGFIELD - The statewide unemployment rate was down and jobs were up last month in Illinois. Unemployment in northeastern Illinois was 12.1 percent the week of August 12th, compared to 11.0 percent statewide and 8.5 percent nationally, according to the most recent data from the U.S. Bureau of Labor Statistics. The 2021 Illinois state unemployment insurance (SUI) experience-rated tax rates will range from 0.675% to 6.875%, an increase of 0.5% from the range of 0.625% to 6.825% for 2020.
The last time the August rate was equal to or . The Illinois unemployment rate was up 4.2% from a year ago when it was 3.5%. Unemployment Rate in the United States by Zip Code. To understand the amount to contribute to the unemployment insurance fund, you must follow the . The Illinois unemployment rate was down -3.6 percentage points from a year ago when it was at 10.4 percent. Comments and tables distributed for prior metro area news releases should be discarded as any records or historical analysis previously cited may no longer be valid. federal unemployment extension programs are only available during periods when the nation is experiencing a high unemployment rate. Based on data released by the Bureau of Labor Statistics on June 19, 2020, the seasonally-adjusted total unemployment rates for Illinois exceeded 8.0 percent was greater than 110 percent in both the prior or second prior year, triggering Illinois "on" to a high unemployment periods (HUP) in EB. Series from State Employment and Unemployment. The state had a 40.63% drop in unemployment when they looked at July 2020 and July 2021. SPRINGFIELD - The Illinois unemployment rate fell two-tenths of a percentage point in October to 6 percent as employers added 40,900 jobs during the month, the Illinois Department of Employment . Compared to a year ago, nonfarm payroll employment decreased by 504,800 jobs, with losses across all major industries. Data refer to place of residence. Compared to a year ago, nonfarm payroll employment increased by +157,900 jobs, with . Davenport-Moline-Rock Island, IA-IL.
retrieved from FRED, For Illinois, the study found that: The state had a 75.30% change in unemployment when they looked at July 2019 and July 2021.
(2) In percent, not seasonally adjusted. Note: Monthly 2020 unemployment rates and total nonfarm jobs for Illinois metro areas were revised in February and March 2021, as required by the U.S. BLS. Unemployment benefits in Illinois are paid by the businesses and organizations that operate within the state lines. Non-farm payrolls increased by nearly 41-thousand for the same month. The UI Contribution Rate includes the Fund Building Rate. One of the two federal unemployment extension programs is called the Emergency Unemployment Compensation, 2008 (EUC08) which was a one-time legislative . Illinois Department of Employment Security. The Department of Labor publishes these statistics on a monthly basis. Current Monthly Unemployment Rates. Data shows that professional and business . (1) Number of persons, in thousands, not seasonally adjusted. In Rockford specifically, the not-seasonally adjusted unemployment rate decreased to 8.3 percent in August 2021 from 10.9 percent in August 2020. Illinois Unemployment Rate by County September 2021 - Not Seasonally Adjusted IL Dept. You receive an additional 9% if you have a dependent spouse and an additional 17.9% per a dependent child. Because Illinois' unemployment rate has dropped, federal rules now prohibit individuals from seeking seven additional weeks of Pandemic Unemployment Assistance (PUA). Current Unemployment Rates for States and Historical Highs/Lows, Seasonally Adjusted. Categories > U.S. Vermilion County, IL Historical Unemployment Trends. The number of unemployed workers declined from the prior month, a -2.9 percent decrease to . Compared to April of 2020 Illinois' unemployment rate was 16.5% and the nationwide unemployment rate was 14.8%. The state's unemployment rate continues to soar as joblessness hits more than 1 in 5 workers. Study: Illinois has the 8th worst unemployment rate in the United States, (Copyright: valerijsergeev), Rockford man arrested, faces charges including intent to deliver cocaine and heroin, Two men killed, two people sought in Freeport shooting, Joe Biden’s approval ratings are worse than every recent president -- except 1 -- at this stage, Beloved E-Rab terribly missed; confirmed dead, Domestic turns into arrest for two counts of Criminal Sexual Assault, Indecent Solicitation of a Child among charges for Rockford man, Plan ahead: Bert Kreischer at Coronado, Ice Hogs play Wolves at BMO, Boone County holds COVID-19 booster clinics.
See About the data. Illinois unemployment rate falls to 6%. Unemployment Rate in Illinois [ILUR], The state's unemployment rate was +1.4 percentage points higher than the national unemployment rate reported for October, which was 4.6 percent, down -0.as 2 percentage point from the previous month. Champaign-Urbana, IL. IDES - Illinois Occupational Wage Information 2010. Following the financial crisis, the Chicago, IL Unemployment Rate reached as high as 13% in 2010. The statewide unemployment rate dropped to 6 percent, says the Oct. report from the Illinois Department of Employment Security. If your small business has employees working in Illinois, you'll need to pay Illinois unemployment insurance (UI) tax. 7031 Koll Center Pkwy, Pleasanton, CA 94566. master:2021-09-01_13-27-00. IDES å©ç","message":"ä½ å¥½"}], State Information Data Exchange System (SIDES), MyTax Illinois: Report and Pay Unemployment Insurance Taxes, Employment Security Advisory Board (ESAB), Household Employer (Worker) Taxes and Reporting, Back to Business Resources for Starting a Small Business. Unemployment rates for a large state like Illinois give a good idea on the health of the economy. The Illinois Department of Employment Security distributes payments to claimants who qualify for benefits. Compared to a year ago, nonfarm payroll employment increased by +190,300 jobs, with gains across nearly all major industries. In most cases, Illinois unemployment extensions are rare, so it is important to ensure you find suitable work before your benefit year ends. Illinois - Unemployment rate 1992-2020. Current Unemployment Rates for States and Historical Highs/Lows, Seasonally Adjusted. (Illinois Department of Employment Security website.) SPRINGFIELD, Ill. (KHQA) — The unemployment rate in Illinois continues to decline. This page provides forecast and historical data, charts, statistics, news and updates for Illinois Unemployment Rate. New U.S. Department of Labor data shows . Current Monthly Unemployment Rates. Here is a list of the non-construction new employer tax rates for each state and Washington D.C. (2021). Consumer Price Index, Midwest Region - October 2021. CSV. The unemployment rate in Illinois reached a staggering 16.4 percent in April, the highest rate recorded since the modern system of tracking joblessness began in 1976, the Illinois Department of Note: Rates shown are a percentage of the labor force. The Illinois Unemployment rate most notably reached as high as 12.9% in 1982 following a recessionary period. This is lower than the long term average of 6.91% SPRINGFIELD - The Illinois unemployment rate fell two- tenths of a percentage point in October to 6 percent as employers added 40,900 jobs during the month, the Illinois Department of Employment Security and the U.S. Bureau of Labor Statistics said Thursday.
Federal Reserve Bank of St. Louis; Select City in Illinois # Location (# Zip Codes) City Report: Population % Unemployment Rate: National Rank: 1. The official unemployment rate, however, reflects only individuals who are actively looking for work. Releases from U.S. Bureau of Labor Statistics, More If you are unable to file electronically, you may request Form IL-900-EW, Waiver Request, through our Taxpayer Assistance Division at 1 800 732-8866 or 1 217 782-3336. Danville, IL. By Ted Cox. From March 1 to April 4, Illinois received 513,173 initial unemployment claims. The figure to the left portrays the unemployment rate by county, seasonally adjusted for this year. (11.7%), Illinois (10.8%), and California (10.4%). Source: (Springfield, IL) — The Illinois Department of Employment Security says unemployment claims are down in the state. Chicago, IL Unemployment Rate is at 7.50%, compared to 9.20% last month and 15.00% last year. State Employment and Unemployment, Units: Note: More data series, including additional geographic areas, are available through the " Databases & Tables " tab at the top of this page. Unemployment Rate for Illinois from U.S. Bureau of Labor Statistics (BLS) for the State Employment and Unemployment release. Historical highs and lows show the most recent month that a rate was recorded in the event of multiple occurrences. All rights reserved. Since 2005 the unemployment rate in Dekalb County, Illinois has ranged from 2.4% in October 1997 to 15.0% in April 2020. In May 2020, the Peoria area's rate was at 15.4%. Unemployment Rate in Illinois by Zip Code.
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