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2:59 pm
Thu May 17, 2012

State unemployment falls to 8.7% -- lowest since 2009

The April unemployment rate in Illinois fell for the eighth consecutive month to reach8.7 percent, according to federal and state preliminary data released today.

The last time the unemployment rate was below 8.7 percent was February 2009, when it was 8.5 percent, according to the U.S. Bureau of Labor Statistics and the Illinois Department of Employment Security.

“April marks eight consecutive months of falling unemployment rates,” IDES Director Jay Rowell said. “In each of the past three months, Illinois has added, on average, 6,300 new jobs. Mild swings in the monthly data have been the hallmark of this recovery, and we expect that trend to continue.”

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Business
11:23 am
Thu May 17, 2012

Postal Service moving forward with plans to close Rockford sorting center

Rockford-area residents at January's USPS hearing about the Rockford sorting facility
Susan Stephens / WNIJ

The United States Postal Service announced Thursday that it will soon begin consolidating dozens of mail processing facilities across the country. Part of Rockford's operations will be transferred to the Carol Stream distribution center. The other half will be absorbed by the facility in Palatine.

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Business
6:16 am
Wed May 16, 2012

Local official says property tax trend to continue

DeKalb County treasurer predicts additional rate increases and lower assessments for the next couple of taxing cycles.

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Illinois
11:34 am
Mon May 14, 2012

Around Illinois -- May 14

  • O’Hare cargo deal to create thousands of jobs
  • Will legislature adjourn on time?
  • Student loan rate hike hits Illinois hard
  • Police mark one year in search for boy
  • Ponzi schemer must repay and do time

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