Illinois Unemployment Rate At 15-Year-High, Tops National Average
Illinois companies cut their payrolls for a seventh straight month and state unemployment jumped to 15-year high in December, government figures show.
Employers in the state cut 36,000 jobs last month, according to figures released Friday by the U.S. Bureau of Labor Statistics and Illinois Department of Employment Security. In the last two months of 2008, Illinois lost a total of 73,600 jobs. That's the largest two-month decline since 1990, reflecting the devastating impact of the economic slowdown.







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Crain's Chicago Business | Monée Fields-White | January 23, 2009 06:35 PM