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Report: Illinois Black Unemployment Rate Expected To Fall In 2015, But Still At ‘Crisis Level’

A recent report by the Economic Policy Institute (EPI) shows Illinois is one of only two U.S. states expected to see “significant reductions” in African-American unemployment levels throughout 2015.

In Illinois, the African-American unemployment rate is projected to hit 11.4 percent by the fourth quarter of 2015, according to the research. That would represent a 2.2 percentage-point decline from one year earlier, when the jobless rate among African Americans in Illinois was 13.6 percent, followed by Hispanics at 7.7 percent, Asians at 5.2 percent and whites at 4.8 percent.

By the end of 2015, Illinois’ African-American unemployment rate is expected to be nearly 1 percentage point lower than the pre-recession rate of 12.2 percent during the fourth quarter of 2007. Read more…

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