Community Corner

Jobless Rate Increases in U.S.; Palatine's Unemployment Rate Also Rises

The unemployment rate is currently at 7.9 percent in the U.S. and has been relatively unchanged since September.

Unemployment rates in the United States increased slightly in January as economic growth remains slow.

Employees added 157,000 jobs last month throughout the United States. The nation's current jobless rate of 7.9 percent—which is up .1 percent from December—has remained relatively unchanged since September, according to United States Labor Department numbers released Friday. 

And while retail trade, construction, health care, and wholesale trade employees added jobs over the month, employment numbers for transportation and warehousing employees decreased, according to the Labor Department report. 

Find out what's happening in Palatinewith free, real-time updates from Patch.

There is currently 12.3 million U.S. residents who are unemployed and even with the addition of 181,000 new jobs in 2012, the economy has seen little growth, according to a Reuters article.

To see substantial gains over 250,000 jobs would need to be added per month, economists told Reuters. 

Find out what's happening in Palatinewith free, real-time updates from Patch.

Meanwhile, the number of long-term unemployed—which consists of those who have been without a job for more than 27 weeks —also remained relatively unchanged at 3.8 million in January and accounted for 38.1 percent of the total jobless rate, according U.S. Labor Department numbers

In Illinois, the jobless rate in December was 8.6 percent—up slightly from November when the unemployment rate was 8.3 percent, according to Illinois Department of Employment Security numbers released in recent weeks. January numbers were not yet available.

And while Algonquin and Lake in the Hills jobless numbers remain well below the national average, the village's unemployment rates saw a slight increase in recent months.  

In Palatine, the jobless rate also increased from November's rate of 6.3 percent to December's rate of 7 percent. The jobless rate in December 2011 was 7.5 percent.

The rate also dropped slightly from November when it was at 6.5 percent. 

Here is a look locally at December’s jobless rates:

County/Municipality December 2012 November 2012 December 2011 Cook County 8.9 percent 8.8 percent 9.7 percent Schaumburg 6.2 6.4 6.8 Elgin 11.6 9.6 13.1 Chicago 9.7 9.8 10.6 Arlington Heights 6.3 6.5 12.9


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