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Party Like It's 2008! Illinois' Unemployment Rate Lowest in 6 Years

New figures out from the Bureau of Labor Statistics show Illinois' unemployment rate is at its lowest level since 2008.

The Bureau of Labor Statistics released the April 2014 unemployment data for all 50 states and Illinois' seasonally-adjusted unemployment rate came in at 7.9 percent.

Why is that significant? That's the lowest unemployment rate the state has had since 2008 and is a significant improvement over the 8.4 percent rate from March.

But it's not all good news. Illinois still has the third-worst rate in the country, ahead of only Nevada and Rhode Island, although we are catching up to California and Kentucky. Illinois also stills lags far behind the national average.

But let's forget about that for a few days. The weekend is here and let's celebrating this bit of good employment news for Illinois. Party like it's 2008!

And that unemployment rate may continuing to decrease with the next wave of college graduates set to hit the workforce soon. We've got a calendar of almost all the college graduation ceremonies in Illinois in May and June of this year. Congrats to the Class of 2014.

» This article appears on all Patch Chicago sites. The views expressed in this post are those of Reboot Illinois and do not reflect those of Patch or its editors.

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matt May 19, 2014 at 08:51 AM
its pathetic! its not a celebration! most in debt state in the country per tax payer! i guess the libs are cealbrating they have a few more people to tax!
Connie L. Deal May 19, 2014 at 11:52 AM
Isn't the unemployment rate decline due to the fact that extended benefits were cut off to many who were on unemployment? So these people are, in fact, not only still unemployed but are not receiving any benefits? Correct me if I'm wrong!
russell j. rutke May 19, 2014 at 01:10 PM
Illinois, due to its politicizing, regulating, and taxing every issue along liberal lines, will be amongst the last of the states to realize distinct reduction in unemployment figures. Industries are running away from Illinois. Even if we have a change in governors/party, the sleazy politics of the Madigan/Cullerton/and yes, Emanuel cabals, will resist any change.
russell j. rutke May 19, 2014 at 01:59 PM
Democrats all cranked up about raising the minimum wage. Should that take place, the democrats won't blame themselves for increase in unemployment, it will be directed at job creators, the businessman. In the minds of democrats, aggrandizing themselves to the work force in the short term, is their only goal. Hey, it's only money-someone else's.

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