unemployment
SPRINGFIELD – Gov. JB Pritzker announced a plan Tuesday to reduce a $1.8 billion Unemployment Insurance Trust Fund deficit by $450 million through an infusion of unemployment-related revenues. The trust fund is the pool of money paid into by employers to provide a social safety net for unemployed individuals. The employer’s insurance premiums are essentially…
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Ashley talks about looking for workers…or workers looking for better jobs…or whatever it is that is keeping unemployment low, but so many employers saying they need workers. Harvey’s, The Liquor Booth, Quincy Discount Warehouse, Instant Replay, The Abbey and Utopia sponsor The Daily Muddy.
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SPRINGFIELD – The Illinois economy added 18,800 jobs during June as the unemployment rate fell to 4.5 percent, the lowest it has been since the start of the COVID-19 pandemic. That is down one-tenth of a percentage point from May, and down two full percentage points from June 2021. Preliminary numbers released by the U.S.…
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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…
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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…
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Illinois’ sluggish labor market is driven by a record number of workers quitting their jobs at the same time there are fewer job opportunities than in nearly any other state. Even though an all-time record number of workers quit, Illinois was only No. 7 in the “Great Resignation.” Illinois’ sluggish labor market is driven by…
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A new analysis shows Illinois ranks 41st in the country in unemployment recovery, with unemployment down 40 percent from this time last year. The study was done by WalletHub and shows Illinois’ job recovery post-pandemic. The survey was conducted from March 15, 2021, to August 30, 2021, showing a 69 percent decrease in unemployment claims…
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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…
Read Full Article Statewide payroll jobs up significantly for second consecutive month; unemployment rate down in July
SPRINGFIELD — The Illinois Department of Employment Security announced Thursday that the unemployment rate fell 0.1 percentage point to 7.1 percent, while nonfarm payrolls increased 35,400 in July, based on preliminary data provided by the U.S. Bureau of Labor Statistics and released by IDES. The June monthly change in payrolls was revised from the preliminary report,…
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By MARK GLENNONWirepoints How many fibs can Gov. JB Pritzker pack in a ten-minute interview? Count ’em: Jerry Nowicki of Capital News Illinois challenged Pritzker on why the $4.2 billion deficit in Illinois’ unemployment trust fund has been ignored, and asked why it wasn’t reduced using funds from federal government under ARPA, the American Rescue Plan Act. This…
Read Full Article SPRINGFIELD – The Illinois Department of Employment Security announced Wednesday that the unemployment rate rose one-tenth of a percentage point to 7.2 percent, while non-farm jobs increased 12,500 in June, based on preliminary data provided by the U.S. Bureau of Labor Statistics. The May monthly change in payrolls was revised from the preliminary report, from minus…
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From THE MISSOURI TIMES – Missourians who received erroneous federal COVID-19 unemploymentoverpayments could soon be able to seek a waiver from recovery through the Department of Labor and Industrial Relations, it announced Tuesday. The potential waiver only applies to federal overpayments given from Feb. 8, 2020, through June 12, 2021, under the Federal Pandemic Unemployment Compensation (FPUC), Pandemic Unemployment Assistance…
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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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…
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QUINCY — Angela Caldwell was “disappointed” at 2 p.m. Only 12 people had filled out application forms during a food service job fair that started at 8 a.m. Wednesday at the Quincy Town Center. Hundreds of positions need to be filled at 28 food service businesses throughout the city, including hosts and hostesses, servers, cooks,…
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