The news is rarely good on unemployment rates, but usually it's a little encouraging: down 1 percent, a half percent, or heck, maybe it didn't get any worse.
Not this month. The latest data show things are looking downright ugly again, with July's unemployment rate in Chicago at 11.7 percent--climbing back up to heights not seen since early 2010, when unemployment was 12.4 percent in January and 11.9 percent in February, according to data from the U.S. Bureau of Labor Statistics.
Unemployment has been rising since April of this year, rising from 9.5 percent in April to 10.8 percent in May, and then to 11.4 percent in June. Take a look:
Unemployment rates for the Chicago-Naperville-Joliet area rose just 0.1 percent from June of this year and stayed at the same rate as in 2010--10.5 percent. The metro area seems to be relatively stable when it comes to unemployment, but the city is seeing a different trend.
The Chicago Sun-Times reported that the metro area added 31,600 jobs since July 2010, but the average unemployment for the area still exceeded the national rate of 9.3 percent and state's 10 percent rate.
Photo credit: Rachel Hinman
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