The rate of joblessness in Illinois is determined through a combination of two surveys conducted by the U.S. Bureau of Labor Statistics (BLS), in conjunction with the Illinois Department of Employment Security (IDES). These are the Current Population Survey (CPS), a household survey, and the Current Employment Statistics (CES) survey, an establishment survey. The CPS directly interviews a sample of households to gather information on employment status, while the CES collects payroll data from a sample of businesses. Individuals are classified as unemployed if they do not have a job, have actively looked for work in the prior four weeks, and are currently available for work. This definition forms the core of the calculation.
Accurate measurement of joblessness is vital for understanding the state’s economic health and for guiding policy decisions. A reliable rate informs resource allocation for unemployment benefits, job training programs, and economic development initiatives. Historical trends in the rate provide valuable insights into the impact of economic recessions, recoveries, and policy changes on the state’s workforce. This data helps policymakers and economists identify vulnerable populations and tailor interventions accordingly. Furthermore, the data is used to compare Illinois’ economic performance against other states and the nation as a whole, offering a broader perspective on its competitive position.