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Pace of Job Growth Moderates in Most Metro Areas

Press Release - Thursday, August 24, 2017

 Not Seasonally Adjusted Unemployment Rates

 

Metropolitan Area

July

2017

July

2016

Over-the-Year Change

Bloomington

4.5%

5.3%

-0.8

Carbondale-Marion

5.1%

5.9%

-0.8

Champaign-Urbana

4.8%

5.2%

-0.4

Chicago-Naperville-Arlington Heights

4.8%

6.0%

-1.2

Danville

7.1%

7.3%

-0.2

Davenport-Moline-Rock Island, IA-IL

4.4%

5.3%

-0.9

Decatur

5.9%

6.7%

-0.8

Elgin

4.7%

5.2%

-0.5

Kankakee

5.4%

6.2%

-0.8

Lake-Kenosha, IL-WI

4.3%

4.9%

-0.6

Peoria

5.5%

6.4%

-0.9

Rockford

5.8%

6.4%

-0.6

Springfield

4.4%

4.8%

-0.4

St. Louis (IL-Section)

5.0%

5.9%

-0.9

Illinois Statewide

4.9%

5.9%

-1.0

* Data subject to revision.

 

 

 

CHICAGO-Unemployment rates decreased over-the-year in July in all of Illinois' metropolitan areas and all but two counties, according to preliminary data released today by the U.S. Bureau of Labor Statistics (BLS) and the Illinois Department of Employment Security (IDES). Data also show nonfarm jobs increased in nine of the metropolitan areas, decreased in four and were unchanged in one.

 

"The rate of job growth has lessened in most metros that showed gains," said IDES Director Jeff Mays. "While the gains in the Chicago area over the past year are promising, the drop in the unemployment rate is mostly due to the decline in the labor force."

 

Illinois businesses added jobs in nine metro areas, with the largest increases in: Carbondale-Marion (+2.3 percent, +1,300), Springfield (+2.2 percent, +2,500), Bloomington (+2.1 percent, +1,900), and Lake (+2.1 percent, +8,800). Total nonfarm jobs in the Chicago-Naperville-Arlington Heights Metro Division increased (+0.6 percent or +23,800). Illinois businesses lost jobs in four metro areas including: Danville (-1.4 percent, -400), Decatur (-0.8 percent, -400), and the Quad Cities (-0.5 percent, -900).

 

The industry sectors recording job growth in the majority of metro areas included Mining and Construction (nine of 14), Professional and Business Services (nine of 14), and Leisure and Hospitality (eight of 14).

 

Not seasonally adjusted data compares July 2017 with July 2016. The not seasonally adjusted Illinois rate was 4.9 percent in July 2017 and stood at 12.2 percent at its peak in this economic cycle in January 2010. Nationally, the not seasonally adjusted unemployment rate was 4.6 percent in July 2017 and 10.6 percent in January 2010 at its peak. The unemployment rate identifies those who are out of work and looking for work, and it is not tied to collecting unemployment insurance benefits.

 

Total Nonfarm Jobs (Not Seasonally Adjusted) - July 2017

 

Metropolitan Area

July
2017*

July
2016**

Over-the-Year Change

Bloomington MSA

92,400

90,500

1,900

Carbondale-Marion MSA

58,200

56,900

1,300

Champaign-Urbana MSA

105,200

105,000

200

Chicago-Naperville-Arlington Heights Metro Division

3,763,700

3,739,900

23,800

Danville MSA

27,800

28,200

-400

Davenport-Moline-Rock Island MSA

183,400

184,300

-900

Decatur MSA

50,900

51,300

-400

Elgin Metro Division

254,600

255,000

-400

Kankakee MSA

44,500

43,700

800

Lake-County-Kenosha County Metro Division

426,700

417,900

8,800

Peoria MSA

176,300

175,600

700

Rockford MSA

151,300

151,300

0

Springfield MSA

115,900

113,400

2,500

Illinois Section of St. Louis MSA

234,800

233,100

1,700

Illinois Statewide

6,067,700

6,028,300

39,400

 

                *Preliminary    **Revised


Not Seasonally Adjusted Unemployment Rates (percent) for Local Counties and Areas

 

 

July

2017

 

July 2016

Over- the-Year Change

Decatur MSA

Macon County

5.9%

6.7%

-0.8

Springfield MSA

Menard County

3.8%

4.2%

-0.4

Sangamon County

4.4%

4.8%

-0.4

Cities

Decatur City

6.8%

7.7%

-0.9

Quincy City

4.4%

4.9%

-0.5

Springfield City

4.9%

5.3%

-0.4

Counties

Adams County

4.0%

4.7%

-0.7

Brown County

2.8%

3.3%

-0.5

Calhoun County

5.2%

5.5%

-0.3

Cass County

4.5%

5.3%

-0.8

Christian County

5.3%

6.1%

-0.8

DeWitt County

4.5%

5.5%

-1.0

Greene County

5.4%

5.5%

-0.1

Jersey County

5.0%

5.7%

-0.7

Logan County

4.9%

5.3%

-0.4

McDonough County

6.4%

9.3%

-2.9

Macoupin County

5.0%

5.7%

-0.7

Montgomery County

5.6%

6.5%

-0.9

Morgan County

4.5%

4.8%

-0.3

Moultrie County

3.9%

4.4%

-0.5

Piatt County

4.2%

4.9%

-0.7

Pike County

4.1%

4.6%

-0.5

Schuyler County

4.1%

5.6%

-1.5

Scott County

4.4%

4.6%

-0.2

Shelby County

4.4%

5.4%

-1.0

Other Areas

LWA 19

5.7%

6.6%

-0.9

LWA 20

4.5%

5.0%

-0.5

LWA 21

4.9%

5.6%

-0.7

Central EDR

4.9%

5.5%

-0.6

 

 



Central Illinois Highlights

 

Help Wanted

Area employers advertised for 5,500 positions in July and approximately 84 percent sought full-time employment, according to Help Wanted OnLine data compiled by the Conference Board, which is a global, independent business membershipandresearchassociation.Employersactuallyneed more workers than the help wanted advertising indicates becausesomeindustries,suchasConstruction,typicallydonot post advertised jobopenings.

 

Decatur MSA

The not seasonally adjusted unemployment rate decreased to 5.9 percent in July 2017 from 6.7 percent in July 2016. There were an estimated 3,000 unemployed people in the labor force in July 2017.

 

The total number of nonfarm jobs in the Decatur metro area decreased by (-400) compared to one year ago. Payrolls increased in Professional & Business Services (+100), Construction (+100), and Educational & Health Services (+100). Declines were reported in Retail Trade (-300), and Manufacturing, Government, Transportation, Warehousing, & Utilities, and Information each declined by (-100). All other major industry sectors were stable compared to last year.

 

 

Springfield MSA

The not seasonally adjusted unemployment rate decreased to 4.4 percent in July 2017 from 4.8 percent in July 2016. Therewereanestimated4,900unemployedpeople in the labor force in July2017.

 

The total number of nonfarm jobs in the Springfield metro area increasedby(+2,500)comparedtoayearago.Payrollincreases were reported in Professional & Business Services (+3,100), Construction (+600), Other Services (+200), and Wholesale Trade (+100). Declines were reported in Leisure & Hospitality (-700), and Retail Trade (-300), while Educational & Health Services, Transportation, Warehousing, & Utilities, Information, Financial Activities, and Government each declined by (-100). All other major industry sectors were stable compared to last year.


 


Note:

Monthly 2016 unemployment rates and total nonfarm jobs for Illinois metro areas were revised in February and March 2017, as required by the U.S. Dept. of Labor, Bureau of Labor Statistics (BLS). Comments and tables distributed for prior metro area news releases should be discarded as any records or historical analysis previously cited may no longer be valid.

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