Read this. Get mad. Get politically active.
From Crain's Chicago Business:
Illinois jobless rate ticks up to 11.5%(Crain’s) — Unemployment in Illinois edged up in March, holding at a level not seen in almost 27 years.
The jobless rate rose to 11.5% last month on a seasonally adjusted basis, according to figures released by the Illinois Department of Employment Security. That’s up from 11.4% in February. A year ago, the rate stood at 8.6%.
While the unemployment rate in March was the highest since July 1983, the state did record an increase in jobs for a third consecutive month. Last month, employers added 3,000 jobs. The three-month moving average shows a gain of 8,900 jobs.
“Three consecutive months of job growth offers cautious optimism that the effects of this national recession might be softening,” IDES Director Maureen O’Donnell said in a statement.
Still, there were 148,500 fewer people employed in the state during last month compared with the same month in 2009. That’s led by declines in manufacturing and construction.
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