Illinois Department of Employment Security Revenue and Competitors

Swansea, IL USA

Location

N/A

Total Funding

Government

Industry

Estimated Revenue & Valuation

  • Illinois Department of Employment Security's estimated annual revenue is currently $35M per year.(i)
  • Illinois Department of Employment Security's estimated revenue per employee is $62,278

Employee Data

  • Illinois Department of Employment Security has 562 Employees.(i)
  • Illinois Department of Employment Security grew their employee count by 5% last year.
Competitor NameRevenueNumber of EmployeesEmployee GrowthTotal FundingValuation
#1
$1.7M398%N/AN/A
#2
N/A1010%N/AN/A
#3
$15M29433%N/AN/A
#4
$15M54-18%N/AN/A
#5
$15M2430%N/AN/A
#6
$15M33223%N/AN/A
#7
$35M2023%N/AN/A
#8
N/A5-55%N/AN/A
#9
$3.5M50-6%N/AN/A
#10
$3.5M595%N/AN/A
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Appointed by the Governor on June 3, 2011, Jay Rowell was confirmed by the Senate later that month. The Governor's vision for the Department is to provide assistance to Illinois families in difficult times, to advocate for taxpayers by guarding against fraud and to get people back to work by being the state's employment office. To that end, Rowell was a lead state negotiator on the 2011 Unemployment Insurance Trust Fund reform legislation. The legislation reduced taxes on Illinois businesses over the next eight years by $400 million, laid out a path to solvency for the fund, and created the necessary tools to prevent fraud and crack down on criminal abuse. Rowell partnered with the Internal Revenue Service on a new anti-fraud system that recovered more than $37 million in just five months. He required IDES to participate in the National Directory of New Hires which will save the state $40 million annually in overpayments. Rowell also created a partnership with the Illinois Attorney General's office to hire attorneys to criminally prosecute those who willfully defraud the agency.

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N/A

Total Funding

562

Number of Employees

$35M

Revenue (est)

5%

Employee Growth %

N/A

Valuation

N/A

Accelerator

Illinois Department of Employment Security News

2022-04-17 - Illinois 2022 Legislative Session Review — Part I

The Illinois General Assembly adjourned an abbreviated 2022 regular ... allows the Illinois Department of Employment Security (IDES) to...

2022-04-17 - Unemployment drops to 4.1%

... according to the latest figures from the Illinois Department of Employment Security (IDES) and U.S. Bureau of Labor Statistics.

2022-04-13 - Unemployment rates rise in Winnebago County, northern Illinois

... but down slightly from 8.4% in March of 2021, according to figures released Thursday by the Illinois Department of Employment Security.

Company NameRevenueNumber of EmployeesEmployee GrowthTotal Funding
#1
$221.3M87811%N/A
#2
$75M1306N/AN/A
#3
$792.8M1716-2%N/A
#4
$741.3M1961N/AN/A