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Illinois unemployment rate continues downward trend, but do statistics tell a different story?

Kevin HoffmanReboot Illinois

Jul 17, 2014

News from the state’s jobs front shows the Illinois unemployment rate continued its four-month descent, according to preliminary data released by the Bureau of Labor Statistics and Illinois Department of Employment Security (IDES).

June’s unemployment rate, which is seasonally adjusted, fell to 7.1 percent from 7.5 in May — the largest quarterly decline since records began in 1976 and lowest level since October 2008 when it was 7.0 percent.

Preliminary estimates indicate employers created 6,000 non-farm jobs, 800 of which were government positions. The construction industry accounted for most of the job growth, adding 3,500 as the summer construction season peaks. Other…

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