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Economy

QC Jobless Rate 5.6% in August

Jobless rate graphic

The loss of manufacturing jobs in the Quad Cities continues to affect other parts of the local economy.

Michelle O'Neill reports last month, the unemployment rate rose to 5.6% compared to 5.3% a year ago.

Summary

Tom Austin, from the Illinois Department of Employment Security, says this trend has been going on for most of this year. And it's related to the state of agriculture around the world.

The Quad Cities has lost a total of 5,900 jobs over the last year. Payrolls only increased in two sectors: 400 jobs were added in government and 200 in construction.

The 5.6% August jobless rate represents about 10,700 people out of work and looking for jobs.

(Source of graph data: Illinois Department of Employment Security)

Officially, Michelle's title is WVIK News Editor. She does everything there is to do in the newsroom and whatever may be needed around the radio station.
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