State unemployment stays at 6 percent
From Illinois News Network
Illinois’ jobs growth is still lagging behind other states.
That’s the latest message from the Illinois Department of Employment Security which announced Thursday that the unemployment rate for May remains at 6 percent, higher than the national rate of 5.5 percent.
Professional and business services, leisure and hospitality and government sectors saw growth last month but manufacturing, trade, transportation and utilities and financial activities saw losses.
In a statement IDES Director Jeff Mays says though the state produced just over 9,000 jobs, it only represents growth of less than 0.2 percent.
Mays also says that the state’s policymakers must focus on improving the business climate.
Department of Commerce and Economic Opportunity Director Jim Schultz echoed the urgency for reforms to make Illinois more attractive to businesses.
“I think the success of the state and getting back the middle class jobs that we lost since ‘08 it’s critical we get the reforms, a balanced budget and this not-for-profit entity put in place.”
Earlier this week Schulz told a House Committee of the Whole the Governor’s idea of a public-private partnership to spur on economic activity go hand-in-hand with his proposed business reforms.