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Illinois Led Nation in New Jobs Created in April
SPRINGFIELD, IL (SLFP.com), June 11, 2006 - In April, Illinois led the nation in monthly job growth, creating 23,100 new jobs. This is the first time Illinois has lead the nation in monthly job growth since January 1995. With 43,600 new jobs created during the past three consecutive months, Illinois is currently ranked fourth in the nation in job creation in 2006. These statistics were complied by the federal Bureau of Labor Statistics and the Illinois Department of Employment Security.
Since January 2004, Illinois has gained 118,600 new jobs, which are more new jobs than any Midwest state. Over the last several weeks, Illinois has seen a number of companies commit to adding thousands of new jobs across the state, including the Chrysler Group in Belvidere, Triumph Foods in East Moline, Pabst Brewing Company in Woodridge, ZincOx Resources in Sauget and Justrite Manufacturing in Mattoon. Site Selection Magazine named the Chicagoland area as the top metro region in 2005 for attracting new and expanded corporate facilities. Illinois was ranked third in the nation in this category.
Professional and Business Services added 10,000 new jobs in April - its largest gain since October 1999 - and the Leisure and Hospitality industry added 6,000 more jobs. The Chicagoland area and Peoria reported their lowest unemployment rate for April in six years, with the Chicago-Naperville-Joliet rate falling by 1.5 points from the same month one year earlier. This is the largest decrease since March 1995.
In 2005, travel to Illinois directly accounted for more than 300,000 Illinois jobs, including more than 400 new jobs in 2005, that generated nearly $7.9 billion in payroll. Economic impact generated by travel spending in 2005 in Illinois grew to a record $26.2 billion, an increase of 6.8 percent, generating $1.84 billion in state and local tax revenue, according to the Travel Industry Association of America. This added an additional $74.2 million in state and local taxes in 2005.
Illinois' total domestic person-trip volume also increased to a record high of 90.78 million visitors in 2005, according to D.K. Shifflet & Associates. Illinois' strong growth was largely spurred by a 10.7 percent increase in business travel.
Overseas visitors have climbed by 39 percent over the past two years greatly contributing to Illinois' growth, according to the U.S. Department of Commerce. There was an 18 percent increase in the number of overseas visitors in 2005. More than 1.1 million people from around the globe came to Illinois making it the 6th most popular U.S. state for overseas travelers. The economic impact generated by international travel spending in Illinois also increased by 11.5 percent to nearly $1.7 billion. Illinois also increased its share of the overseas market - increasing its market share to 5.3 percent from 4.8 percent.
In an announcement, Illinois Governor Rod R. Blagojevich said, "We've come roaring back from the recession that took away so many jobs between 2000 and 2003. We led the nation in job growth in April, more tourists are visiting Illinois than ever, and we continue to keep doing everything possible to bring new businesses and jobs here. You attract companies and jobs by making sure that income and sales taxes don't go up, by making sure that local schools are effective, by making sure that our communities are safe- in short, by making Illinois a place that people want to work in and live in. That's what we've been doing for more than three years. The evidence clearly shows our strategy is working. And it's what we'll continue to do."
Archived:
Missouri Employment Reaches All-Time High
Industry Leaders Are Not Concerned That Women Executives Are Leaving the Workforce
Missouri Launches "Safe Jobs for Youth" Awareness Campaign
Plants, Decor and Furniture Among The Items Office Workers Admit To Stealing
Innovation Key to Success and Survival for Small Business Owners
People in the 35 to 44-Age Bracket Volunteer the Most
Money Magazine Names Occupational Therapist as One of 50 Best Jobs
Bioscience Industry Fuels Jobs and Growth for States
Health Care Expenses Dampen Hiring and Pay Raise Plans Among U.S. Business Owners
Health Care Expenses Dampen Hiring and Pay Raise Plans Among U.S. Business Owners
College-Educated Workers Migrating to Bigger Metro Areas Rather Than Rural Communities
Fireman's Fund Expands in St. Louis Area With 190 New Jobs
Bosses Not 'On The Same Page' As Employees Regarding Recognition
Payroll Employment Increases in Metropolitan Areas During November
'Tis the Season for Career Resolutions
U.S. Workers' Optimism Surfaces After Tough Year
Survey Shows Almost 70 Per Cent of Employee Email May Pose a Threat to Businesses
Missouri Unemployment Remains at Lowest Level in Four Years
Small Employers Offer More Flexibility; Large Employers Offer More Benefits
Offsite Workers Feel Less Connected With Employers
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