Illinois to Lose 1,800 Jobs by March: Report

Sixteen companies inform state about cuts

Despite the recent national unemployment numbers that provided a glimmer of hope for the economy, the state of Illinois stands to lose 1,800 jobs by the end of March.

Sixteen companies, based both inside and outside of Illinois, informed the state that they have cut or are planning to cut jobs, reported Crain's Chicago Business.

The biggest cuts came from Hull House Association, the social service agency in Chicago that closed at the end of January, leaving nearly 300 workers unemployed.

Also at the top of the list is TCF National Bank, which plans to eliminate more than 200 employees at two branches in the Chicago area.

Other companies, including Kraft Foods Inc., Dearborn Wholesale Grocers L.P., and Garden Fresh Market plan to eliminate jobs as well.

For the month of January the national unemployment rate fell to 8.3%, a figure that was widely seen as a positive step for the nation's economy.

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