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The state’s unemployment rate averaged 5.3% in the fourth quarter of 2024, compared to 4.1% in the region and the nation. ... but firms in Illinois tend to pay more in taxes and labor is on the ...
(The Center Square) – Unemployment in Illinois climbed to 5.3% in October, making the state home to the third highest jobless rate in the country. All told, some 346,000 residents were left ...
Certain credits are allowed with respect to state unemployment taxes paid that may reduce the effective FUTA rate to 0.8%. Effective July 1, 2011, the rate decreased to 6.0%. That rate may be reduced by an amount up to 5.4% through credits for contributions to state unemployment programs under sections 3302(a) and 3302(b), resulting in a ...
Illinois unemployment rate, 1976–2021 ... These indicators are measured through tax receipts, adjusted for inflation. 100 is the base, ...
Unemployment in the US by State (June 2023) The list of U.S. states and territories by unemployment rate compares the seasonally adjusted unemployment rates by state and territory, sortable by name, rate, and change. Data are provided by the Bureau of Labor Statistics in its Geographic Profile of Employment and Unemployment publication.
All of the states bordering Illinois have lower minimum wages and lower unemployment rates. Indiana, Iowa, Kentucky and Wisconsin have a $7.25 minimum wage. Missouri’s minimum wage is $12.30 per ...
U.S. states by net employment rate (% of population 16 and over) 2022 [1] ... Illinois: 61.5 2.2 New ... List of U.S. states and territories by unemployment rate; Job ...
(The Center Square) – A Republican state representative says Illinois is a cautionary tale, not a shining example of how a state’s economic policies should work. Illinois legislators are ...