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Old Posted Apr 27, 2017, 12:10 AM
marothisu marothisu is offline
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Join Date: Dec 2012
Location: Chicago
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Not exactly city or metro, but since Chicago is such a large portion of Illinois I think it's valid. The state unemployment rate dipped the most of any state from February to March - decreasing 0.5%. It's now 4.9% unemployment rate which is tied with California and slightly lower than Texas (5%). If you compare against March 2016, then Illinois is tied for 2nd highest decrease of any state, which is 1.2% lower.

Not terribly long ago, Illinois had one of the 3 worst (highest) unemployment rates. Right now it's tied for 36th highest (counting Puerto Rico) with California, North Carolina, and West Virginia. There's also 4 states that are at 4.8% and 1 at 4.7%.

For some reason I can't get to the database portion of the BLS right now, but kind of interesting to me at least. Will be curious about the city and metro area numbers, which I think are set to be released next week.


And now, in city job news:
Yagan moves ShopRunner's Silicon Valley ops to Chicago
http://www.chicagobusiness.com/artic...eam-to-chicago

Quote:
The e-commerce software company is shutting down its Silicon Valley office and moving about 30 jobs to Chicago. ShopRunner plans to grow from a couple dozen people to about 100 in the next 18 months, Yagan says. It just signed a lease for 9,000 square feet at 30 N. LaSalle St. The staff will run the gamut, but most of the jobs will be in technology and product roles. Employees in San Mateo, Calif., have been offered the chance to relocate to Chicago, and some will continue to work remotely from the West Coast.
Quote:
"It's become clear our place in this labor market is so strong and our ability to recruit is more advantageous than in San Mateo," said Yagan, who got his MBA from Stanford University.

While Northern California has more tech talent than pretty much anywhere on the planet, it's hard to find and retain, Yagan said. "Everyone in Silicon Valley wants to work for the top handful of companies that are building bleeding-edge technology or have effectively infinite scale and resources—the ones creating combustion-free vehicles or those with billions of users. It's incredibly hard for merely 'great' companies to attract the top talent."
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