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Illinois unemployment at 9.2 percent for July, above national average

August 02, 2013

In Illinois, the unemployment rate is 9.2 percent, while nationally the rate stands at 7.4 percent. Why is it so much higher here? Illinois has the second-highest state unemployment rate in the country. Only Nevada's 9.6 rate is higher. Illinois is a state with too many people looking for work and not enough businesses and public agencies with available jobs. Brian Battle is one of the bosses at Performance Trust, a bond trading company in Chicago. He says fewer businesses are coming or growing to Illinois in fear of rising taxes and gridlocked politics.

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