The current unemployment rate in Illinois is 4.70 percent, which is a decrease from 4.80 percent in the previous month and 6.70 percent in the previous year. This is lower than the 6.86 percent that is considered to be the long-term norm.
|Data Series||Oct 2021||Feb 2022|
|Nonfarm Wage and Salary Employment|
|12-month % change||3.4||4.4|
Number associated with your Social Security card
What is the unemployment rate in Illinois 2019?
- The latest population survey (CPS) conducted by the BLS revealed that the unemployment rate in Illinois dropped by 0.1 percentage points in the month of July 2019 to reach 4.2 percent.
- During the previous month, the unemployment rate in the state was 0.5 percentage points higher than the rate in the nation as a whole.
- The rate of unemployment in Illinois reached an all-time high of 11.3 percent in December 2009 and has since dropped by 7.1 percentage points.
Is Illinois experiencing high unemployment?
CHICAGO — Despite the fact that Illinois’ jobless rate has fallen from its epidemic high of 16.5 percent to 6 percent, according to federal job figures, the state’s jobless rate is still among the highest in the country. This trendline existed even before COVID-19 struck, according to federal labor data.
What is the current unemployment rate?
According to a report that was released today by the United States Bureau of Labor Statistics, the number of nonfarm payroll jobs climbed by 428,000 in April while the unemployment rate remained steady at 3.6 percent.
Is unemployment in Illinois going to be extended?
On September 4, 2021, eligible persons received their last payments, which were supported by the CARES Act and extended by ARPA. These payments were provided by the Illinois Department of Employment Security (IDES).
Which state has highest unemployment rate?
At 6.10 percent, the unemployment rate in Alaska is the highest in the country. Rates of Unemployment in Each State in 2022
What state currently has the lowest unemployment rate?
At 2.1 percent, the percentage in Nebraska and Utah was among the lowest in the country. According to statistics provided by the BLS, the most current unemployment rate for each state is depicted on the map below.
What is the global unemployment rate 2021?
Depending on the source, experts predict that the worldwide unemployment rate will be somewhere between 6.3 and 6.5 percent in the year 2021.
Which country has the highest employment rate 2021?
In the fourth quarter of 2021, Japan had the highest employment rate among the major developed countries, with 77.87 percent of the population that was of working age holding paid employment.
Will unemployment be extended again after September 2021 Illinois?
- In accordance with the FPUC program, the additional weekly payment of $300 will continue right up to September 4, 2021.
- This provision will also be extended.
- Claimants who were receiving extended state benefits (EB) on March 11, 2021 will continue to receive EB beyond that date.
- When they have used up all of their EB allotment or when their EB triggers off, they will go back to PEUC, which has been extended until September 4, 2021.
How long can you collect unemployment in Illinois?
How long do people typically receive unemployment benefits for? You might be eligible for unemployment benefits for a maximum of twenty-six weeks. Residents in Illinois who are actively looking for employment are eligible for an extra 13 weeks of assistance from the federal government, bringing their total number of weeks to be eligible for benefits to 39.
Is pandemic unemployment still available?
You are eligible to apply for the COVID-19 Pandemic Unemployment Payment if you have: lost your work due to the COVID-19 limitations between 7 December 2021 and 22 January 2022; or are temporarily laid off owing to the COVID-19 restrictions.
What state has the highest unemployment 2021?
When looking at the annual average unemployment rate for 2021, California ties for first place with Nevada and Hawaii as having the highest rate of 7.7 percent, making it the state with the highest unemployment rate overall. Hawaii and Nevada also had annual average unemployment rates of 7.7 percent for 2021.
What is the highest unemployment pay?
- The vast majority of states in the United States provide unemployment insurance for a period of up to 26 weeks.
- The benefits range anywhere from $235 to $823 each week.
- Different states have different policies and benefit structures.
- The maximum amount of unemployment benefits available in Mississippi is $235 per week, which is the lowest amount in the United States; the greatest amount is $823 per week in Massachusetts.
Which state has the highest unemployment rate in July 2021?
The seasonally adjusted rates of unemployment for each state in July 2021 The data came from the United States Bureau of Labor Statistics. In the month of July, the state with the highest rate of unemployment was Nevada, with 7.7 percent, followed by California, New Mexico, and New York, each with 7.6 percent.
What is the maximum weeks of unemployment in Illinois?
- Understanding MBA. The entire amount of unemployment compensation you are eligible to receive during a benefit year is referred to as your maximum benefit amount (MBA).
- Calculating Illinois MBA. The MBR of each claimant must be evaluated in relation to his or her individual claim.
- Illinois Maximum MBA.
- Estimating the Number of Weeks
What is the minimum unemployment benefit for Illinois?
One-half of the state’s typical weekly benefit, in addition to the federal government’s benefit of $600 per week, both of which are provided by the PUC. HOW to submit your application: Submit an application for unemployment benefits through the state of Illinois, and the federal government will evaluate whether or not you are eligible for assistance. Current as of April 2020.
How often are unemployment benefits paid in Illinois?
- A wage per hour that is at least equal to the minimum wage
- A minimum of 24 hours of sleep must be taken each week, and employees must be given a meal break of at least 20 minutes for every 7 and a half hours of labor.
- Safeguards against inappropriate sexual conduct
- Protections against receiving what would be considered ″an oppressive and excessive salary.″