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Monday, January 7, 2013

Heights Unemployment Dropped Nearly 3 Percent in One Year

Despite a month-to-month increase, the number actually was down significantly from Nov. 2011.

Chicago Heights saw a slight increase in its number of unemployed residents from October to November of 2012, according to new figures released last week. But more surprising may be the nearly three percent drop from November 2011. Heights unemployment in Nov. 2012 was at more than 12 percent, down from Nov. 2011, when it had reached more than 15 percent. Unemployment rates in Illinois dropped slightly from October 2012 to November, to 8.2 percent, and are a full percentage point compared to 2011.  November local unemployment rates fell in 11 of 12 metro areas compared to last year, according to data released by the U.S. Department of Labor and the Illinois Department of Employment Security. "The trend of falling unemployment rates across …

Arthur W. Wiggins Jr.

7:15 am on Monday, January 7, 2013

We are far better off analyzing employment rates at the beginning of the 1st, 2nd, & 3rd quarter of the year.   more ›

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