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Economic Crisis: Lay Offs Highest Since '01

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Crain's Chicago Business   |  Monée Fields-White   |   December 18, 2008 05:22 PM

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Read More: Economic Crisis, Financial Crisis, Illinois Department Of Employment Security, Illinois Job Cuts, Illinois Jobs, Illinois Unemployment, Illinois Unemployment Rate, Recession, U.S. Bureau Of Labor Statistics, Chicago News

Illinois companies cut their payrolls in November by the greatest number of jobs in about seven years, while unemployment stayed at a 15-year high, government figures show.

Employers in the state cut 23,000 jobs last month, the most since October 2001, according to figures from the U.S. Bureau of Labor Statistics and Illinois Department of Employment Security. Illinois' unemployment rate held at 7.3% last month, the highest since November 1993 and up from 5.3% the same month a year ago.

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Illinois companies cut their payrolls in November by the greatest number of jobs in about seven years, while unemployment stayed at a 15-year high, government figures show. Employers in the state cut...
Illinois companies cut their payrolls in November by the greatest number of jobs in about seven years, while unemployment stayed at a 15-year high, government figures show. Employers in the state cut...
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- harriettubman I'm a Fan of harriettubman permalink

Blagojevich's friends still have their jobs though.

    Favorite    Flag as abusive Posted 03:31 PM on 12/19/2008
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