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(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 ...
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.
Illinois unemployment rate, 1976–2021 US unemployment rate. Illinois counties by GDP in 2021 (chained 2012 US$) The ...
Unemployment insurance is funded by both federal and state payroll taxes. In most states, employers pay state and federal unemployment taxes if: (1) they paid wages to employees totaling $1,500 or more in any quarter of a calendar year, or (2) they had at least one employee during any day of a week for 20 or more weeks in a calendar year, regardless of whether those weeks were consecutive.
The maximum benefit amount of $350 remains the same, however. This wasn’t always so. In 2013, the Republican-controlled General Assembly slashed the maximum weekly compensation from $535 to $350.
For the workers that actually do receive benefits, the state pays out an average of only $214 per week, the fourth-lowest amount in the country. The maximum weekly payout is only slightly higher ...
U.S. states by net employment rate (% of population 16 and over) 2022 [1]; National rank State Employment rate in % (total population) Annual change (%)
The overall numbers receiving unemployment benefits fell by 52,000 to 1.84 million. The U.S. job market has cooled considerably from the red-hot hiring days of 2021-2023 when the economy was ...