IDES
SPRINGFIELD – The Illinois Department of Employment Security (IDES) has announced the unemployment rate fell -0.1 percentage point to 4.5 percent, the lowest the rate has been since the start of the Covid-19 pandemic in March 2020, and nonfarm payrolls increased by +18,800 in June, based on preliminary data provided by the U.S. Bureau of Labor…
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SPRINGFIELD – Illinois lawmakers this week advanced a measure to allocate $2.7 billion in federal American Rescue Plan Act funds to pay down more than half of the state’s outstanding $4.5 billion Unemployment Insurance Trust Fund debt. The measure, an amendment to Senate Bill 2803, also included over $1.4 billion in general revenue fund spending to…
Read Full Article SPRINGFIELD – The Illinois Department of Employment Security (IDES) announced today that the unemployment rate fell -0.2 percentage point to 4.8 percent, while nonfarm payrolls increased by +19,600 in February, based on preliminary data provided by the U.S. Bureau of Labor Statistics (BLS) and released by IDES. The January monthly change in payrolls was revised from…
Read Full Article The Illinois Department of Employment Security (IDES) announced today that the unemployment rate fell -0.3 percentage point to 5.7 percent, while nonfarm payrolls increased by +19,500 in November, based on preliminary data provided by the U.S. Bureau of Labor Statistics (BLS) and released by IDES. The preliminary report for October monthly payrolls was revised from…
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Benefits to Be Paid Through Direct Deposit or Paper Check, Debit Cards No Longer Used SPRINGFIELD – The Illinois Department of Employment Security (IDES) has announced that in the coming weeks, unemployment insurance benefit payments will no longer be made by debit card. Beginning December 27, 2021, claimants who defaulted to a debit card option as…
Read Full Article If nothing is done soon to address Illinois’ unemployment trust fund debt, employer groups say the costs to do business in Illinois will continue to increase. Illinois is past due on its unemployment insurance trust fund debt and the interest continues to grow. As of Monday, the U.S. Treasury showed Illinois’ outstanding unemployment trust fund debt is…
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Employers warn inaction by state lawmakers could ‘cripple’ businesses and the COVID-19 economic recovery. Illinois state leaders missed the Sept. 6 deadline to repay a $4.2 billion federal loan to the state’s unemployment insurance fund, which leaves Illinois taxpayers on the hook to pay $60 million in annual interest on that loan. The unemployment fund has been depleted during…
Read Full Article After more than 17 months of expanded benefits, federal pandemic unemployment programs are set to end on Labor Day, cutting off weekly payments to 7.5 million people — including 452,000 in Illinois. The sudden expiration of emergency federal assistance, which some economists have likened to a fiscal cliff, could precipitate everything from a flood of…
Read Full Article SPRINGFIELD – Officials with the Illinois Department of Employment Security (IDES) have announced that offices around the state will begin reopening to the public starting today. The department is phasing in the openings across Illinois, but people in need are required to set up appointments at least 24 hours ahead of time. The following offices are…
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SPRINGFIELD – State Sen. Jil Tracy (R-Quincy) is calling for a full audit of the Pritzker Administration’s mismanagement of Illinois unemployment benefits system, based on a report released July 28 by the Illinois Auditor General. The Auditor General’s preliminary financial audit of the Illinois Department of Employment Security (IDES), and its failures with the Pandemic…
Read Full Article From Chicago Tribune – If you’re one of the 76,000 Illinois residents who received $123 million in excess regular unemployment benefits since the pandemic hit, you may be able to keep the money — as long as you haven’t already repaid it. Signed into law Friday by Gov. J.B. Pritzker, new legislation allows people who…
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Jeff Mays left when Gov. J.B. Pritzker took office in January 2019. And the new administration didn’t immediately start using anti-fraud tools when they started to become available later that year. Chicago Tribune – Under the Rauner administration, IDES was touting a computer upgrade it said provided a “modern and comprehensive fraud detection, prevention, and collection system.”…
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The number of nonfarm jobs increased over-the-year in all fourteen Illinois metropolitan areas in April according to preliminary data released today by the U.S. Bureau of Labor Statistics (BLS) and the Illinois Department of Employment Security (IDES). The unemployment rate decreased over-the-year in all metro areas. The official, BLS approved sub-state unemployment rate and nonfarm…
Read Full Article November 20, 2024
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