Silver Lining? City Unemployment Rate Falls Again
For the second straight month, the unemployment rate in Chicago fell even as the national rate increased from July to August. While still at rates not seen in 20+ years, the seasonally unadjusted jobless rate for the Chicago metro are in August was 9.6 percent, down from 10.7 percent in July. While the total number of unemployed people in the area was still more than 190,000 over August 2008, it's a baby step in the right direction. We hope.
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