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1 • Thursday, January 19, 2017 - The Independent
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VOL. 17 • NO. 2
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Illinois unemployment rate climbs to record 16.4% in April
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THURSDAY, MAY 28, 2020
New jobless claims in May appear to level out
By Peter Hancock CAPITOL NEWS ILLINOIS
The unemployment rate in Illinois reached a staggering 16.4 percent in April—the highest rate recorded since the modern system of tracking joblessness began in 1976, the Illinois Department of Employment Security said May 21. The previous record of 13.9 percent was set in February 1983, according to the Federal Reserve Bank of St. Louis. The rate in April was 12.2 percentage points higher than March, which was revised downward to 4.2 percent, reflecting a revised estimate of the number of people in the labor force that month. That news came just a few months after the state set a record low unemployment rate of 3.4 percent in November, reflecting the speed with which the COVID-19 pandemic brought about a virtual shutdown of most of the state and national economies. The numbers reflect an overall loss of 762,200 nonfarm jobs since March, the largest single-month decline in state history, and a decline of 822,800 jobs since April 2019. “The COVID-19 pandemic has had an unprecedented impact on our economy, as has been the case in states across the nation,” Deputy Gov. Dan Hynes said in a statement. “As we move to safely reopen much
of our economy, we are focused on ensuring working families and small businesses have the resources they need to recover, and we urge the federal government to step up and provide additional relief.” IDES said that because of the high unemployment rate, extended state benefits are now available to those who exhaust their 26 weeks of regular state unemployment and the additional 13 weeks of federal Pandemic Emergency Unemployment Compensation, or PEUC. IDPH said that since March 1, it has processed more than 1.2 million claims for regular unemployment. In addition, it has processed 74,515 applications for Pandemic Unemployment Assistance, or PUA, since that program launched May 11, and another 36,367 applications for the PEUC program. Both of those programs are 100 percent federally funded. During his daily COVID-19 media briefing, however, Gov. JB Pritzker said even those additional programs might not be enough to help unemployed workers weather the storm. “I’ll be honest with you, I see the $600 extra that people got and are getting in unemployment benefits, even that added on top of the existing
See UNEMPLOYMENT, Page 4
After a vehicle tried, but failed, to go through the flooding at Addison and Madison in Villa Park, Dave and Benjamin DeJong wade through waist-deep water to rescue a woman with three children. Police warn residents not to drive through deep water.
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Inside:
Mom, three children rescued
SUBMITTED PHOTO Bensenville Independent
“ALSO HIGHLY CONTAGIOUS IS KINDNESS, PATIENCE, LOVE, ENTHUSIASM AND A POSITIVE ATTITUDE”
Police Reports...........6 Census outreach.....10 Crossword................7 Classifieds..............13
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