High unemployment we experience in Illinois contributes directly to the high rate of foreclosures in Cook County and most of Chicago suburbs. Not all counties were affected by unemployment (and foreclosures) the same way. Please take a look at the map that is published as per US Bureau of Labor Statistics.

Unemployment in the entire state of Illinois was 10.5% in September 2009 but certain counties, located outside of Chicago area, were well above the 12% rate.
Labels: foreclosures Chicago suburbs, foreclosures cook county, unemployment Illinois
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