Illinois Unemployment Rate Rises
The Illinois Department of Employment Security (IDES) announced Thursday that the unemployment rate increased +0.2 percentage point to 4.6 percent, while nonfarm payrolls decreased -15,000 in October, based on preliminary data provided by the U.S. Bureau of Labor Statistics (BLS), and released by IDES.
In October, the industry sectors with the largest monthly payroll job declines included: Professional and Business Services (-6,700), Manufacturing (-5,300), Financial Activities (-2,900), and Educational and Health Services (-2,900).
The industry sectors with the largest over-the-month job gains included: Government (+4,200), Leisure and Hospitality (+1,500), and Construction (+700).
This is another indicator of Illinois’ poor economic health and is a result of the continued priority to raise taxes and regulate businesses. We need to pass some serious economic reforms in Springfield next year if we want to see our economy grow.
December is National Drunk and Drugged Driving Prevention Month
December is National Drunk and Drugged Driving Prevention Month because the holiday season has the highest rate of accidents all year. Over 40,000 people died from alcohol-related accidents last year. Don’t let yourself or your family become a statistic this year. Never drive under the influence of drugs or alcohol.
Local Business Highlights
Is there a local business you would like to recognize? Click here to fill out my local business highlight submission form!
Happy Holidays to all who celebrate during this holiday season!
Keep Up to Date
Click here to visit my website. There you can contact my office, see what legislation I am working on, and more.
I will continue to update you monthly via this e-newsletter about events and programs I will be hosting throughout the year, as well as important information regarding upcoming legislation.
Talk to you soon,
State Representative Tim Ozinga