Unemployment Report: Naperville Jobless Numbers Drop

Unemployment rates in Illinois dropped slightly from October 2012 to November, to 8.2 percent, and are a full percentage point compared to 2011, according to new figures released last week. 

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In the DuPage County portion of Naperville, jobless numbers fell by .2 percent and in the Will County portion of the city unemployment dropped by .5 percent, compared to October 2012. 

The November rate for the DuPage portion of Naperville is 6.4 percent while the Will portion of the city is at 6.6 percent.

November local unemployment rates fell in 11 of 12 metro areas compared to last year, according to data released by the U.S. Department of Labor and the Illinois Department of Employment Security.

"The trend of falling unemployment rates across Illinois shows that our economy continues to improve," IDES Director Jay Rowell said. "The largest challenge to local economic growth is the fiscal cliff. Economic progress could slow at every level and we risk another recession if Congress does not work together to craft a solution."

Last week, President Barack Obama signed into law the American Taxpayer Relief Act, which aims to increase taxes on the wealthy and also extends expiring jobless benefits.

IDES generally reports unemployment figures for municipalities with populations of 25,000 or more people. The numbers measure unemployment for residents who live in a certain town, not those who work in the town. 

Statewide the unemployment rate dropped from 8.4 percent in October 2012 to 8.2 percent in November. Compared to October 2011, unemployment in Illinois has dropped 1 percent. 

In DuPage County, the jobless rate dropped from 6.9 percent in October 2012 to 6.7 percent in November. In Will County, the unemployment rate remained at 8.1 percent.

The U.S. average unemployment rate was 7.4 percent in November 2012. 

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