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Unemployment Rate Drops in All Metro Areas for Sixth Consecutive Month

Press Release - Thursday, December 28, 2017

 Not Seasonally Adjusted Unemployment Rates

 

Metropolitan Area

Nov.

2017

Nov.

2016

Over-the-Year Change

Bloomington

3.9%

4.6%

-0.7

Carbondale-Marion

4.5%

5.2%

-0.7

Champaign-Urbana

4.2%

4.7%

-0.5

Chicago-Naperville-Arlington Heights

4.8%

5.3%

-0.5

Danville

6.0%

6.7%

-0.7

Davenport-Moline-Rock Island, IA-IL

3.9%

4.8%

-0.9

Decatur

5.3%

6.0%

-0.7

Elgin

4.4%

4.9%

-0.5

Kankakee

5.0%

5.8%

-0.8

Lake-Kenosha, IL-WI

3.9%

4.6%

-0.7

Peoria

4.8%

5.9%

-1.1

Rockford

5.1%

6.0%

-0.9

Springfield

4.0%

4.4%

-0.4

St. Louis (IL-Section)

4.5%

5.1%

-0.6

Illinois Statewide

4.7%

5.2%

-0.5

* Data subject to revision.

 

 

 

       

CHICAGO-Unemployment rates decreased over-the-year in November in all of Illinois's metropolitan areas, 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 ten of the metropolitan areas and decreased in four.

 

"It is encouraging that job growth was reported in ten of the fourteen metro areas," said IDES Director Jeff Mays. "More than 30,000 of those jobs were created in the Chicago Metro area, so we need continued stronger growth statewide."

 

Illinois businesses added jobs in ten metro areas, with the largest increases in: Kankakee (+2.6 percent, +1,200), Lake/Kenosha (+2.4 percent, +9,800), and the Quad Cities (+1.6 percent, +3,000). Total nonfarm jobs in the Chicago-Naperville-Arlington Heights Metro Division increased (+0.6 percent or +20,900). Illinois businesses lost jobs in four metro areas, with the largest losses in: Danville (-1.7 percent, -500), Champaign (-0.6 percent, -700), and Decatur (-0.6 percent, -300).

 

The industry sectors recording job growth in the majority of metro areas included Professional and Business Services, (11 of 14), Mining and Construction (10 of 14), Transportation, Warehousing, and Utilities (10 of 14), Manufacturing (9 of 14), Education and Health Services (9 of 14), and Leisure and Hospitality (8 of 14).

 

Not seasonally adjusted data compares November 2017 with November 2016. The not seasonally adjusted Illinois rate was 4.7 percent in November 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 3.9 percent in November 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 is not tied to collecting unemployment insurance benefits.

 

Total Nonfarm Jobs (Not Seasonally Adjusted) - November 2017

 

Metropolitan Area

November
2017*

November
2016**

Over-the-Year Change

Bloomington MSA

95,500

95,000

500

Carbondale-Marion MSA

59,400

58,800

600

Champaign-Urbana MSA

111,200

111,900

-700

Chicago-Naperville-Arlington Heights Metro Division

3,776,200

3,755,300

20,900

Danville MSA

28,300

28,800

-500

Davenport-Moline-Rock Island MSA

187,200

184,200

3,000

Decatur MSA

51,600

51,900

-300

Elgin Metro Division

259,700

259,200

500

Kankakee MSA

46,900

45,700

1,200

Lake-County-Kenosha County Metro Division

418,400

408,600

9,800

Peoria MSA

176,900

176,000

900

Rockford MSA

152,300

152,200

100

Springfield MSA

116,700

117,100

-400

Illinois Section of St. Louis MSA

240,100

238,700

1,400

Illinois Statewide

6,116,200

6,087,700

28,500

 

                *Preliminary    **Revised

     

 


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

 

Labor Market Area

Nov. 2017

Nov. 2016

Over-the-Year Change

Chicago-Naperville-Elgin IL-IN-WI MSA

4.7%

5.2%

-0.5

Chicago-Naperville-Arlington Heights, IL Metro Division

Cook County

5.0%

5.5%

-0.5

DuPage County

3.9%

4.3%

-0.4

Grundy County

5.2%

5.6%

-0.4

Kendall County

4.2%

4.6%

-0.4

McHenry County

4.2%

4.6%

-0.4

Will County

4.8%

5.2%

-0.4

Elgin, IL Metro Division

DeKalb County

4.1%

4.8%

-0.7

Kane County

4.4%

4.9%

-0.5

Lake & Kenosha Counties, IL-WI Metro Division

Lake County

4.1%

4.7%

-0.6

Cities (with total population of at least 100,000) *

Aurora City

4.5%

4.9%

-0.4

Chicago City

5.3%

5.9%

-0.6

Elgin City

4.8%

5.5%

-0.7

Joliet City

5.6%

6.2%

-0.6

Naperville City

4.0%

4.3%

-0.3

 

* Unemployment rates for cities with total population of 25,000 or more can be found atwww.ides.illinois.gov/LMI/Pages/Current_Monthly_Unemployment_Rates.aspx

Lake & Kenosha Counties, IL-WI Metro Division

The not seasonally adjusted unemployment rate decreased to 3.9 percent in November 2017 from 4.6 percent in November 2016. The last time the November rate was equal to or lower than the current rate was in 2006 when it was 3.8 percent. For the month of November 2017, the estimated number of unemployed people in the labor force was 18,000.

Total nonfarm employment increased +9,800 compared to November 2016. The Retail Trade (-2,100) sector recorded the largest employment decline compared to one year ago. Professional-Business Services (+5,800), Leisure-Hospitality (+2,100), Manufacturing (+2,000), and Wholesale Trade (+1,100) sectors reported the largest payroll gains.


Chicago-Naperville-Arlington Heights, IL Metro Division

The not seasonally adjusted unemployment rate decreased to 4.8 percent in November 2017 from 5.3 percent in November 2016. The last time the November rate was equal to or lower than the current rate was in 2007 when it was 4.7 percent. For the month of November 2017, the estimated number of unemployed people in the labor force was 181,600.

Total nonfarm employment increased +20,900 compared to November 2016. Financial Activities (+10,300), Transportation-Warehousing-Utilities (+5,700), Educational-Health Services (+4,600), and Professional-Business Services (+4,600) reported the largest payroll gains. The Retail Trade (-10,500) and Leisure-Hospitality (-3,600) sectors recorded the largest employment declines compared to one year ago.

Elgin, IL Metro Division

The not seasonally adjusted unemployment rate decreased to 4.4 percent in November 2017 from 4.9 percent in November 2016. The last time the November rate was equal to or lower than the current rate was in 2007 when it was 4.4 percent. For the month of November 2017, the estimated number of unemployed people in the labor force was 14,000.

Total nonfarm employment increased +500 compared to November 2016. Manufacturing (-1,700) and Educational-Health Services (-1,100) sectors recorded the largest employment declines compared to one year ago. Retail Trade (+900), Government (+800), Leisure-Hospitality (+800), and Professional-Business Services (+500) reported the largest payroll gains.   

 


Note:

 


    Monthly 2016 unemployment rates and total non-farm jobs for Illinois metro areas were revised in 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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