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Unemployment Rate Drops in All Metro Areas

Press Release - Thursday, January 25, 2018

 Not Seasonally Adjusted Unemployment Rates

 

Metropolitan Area

Dec.

2017

Dec.

2016

Over-the-Year Change

Bloomington

3.8%

4.9%

-1.1

Carbondale-Marion

4.4%

5.6%

-1.2

Champaign-Urbana

3.9%

5.0%

-1.1

Chicago-Naperville-Arlington Heights

4.8%

5.5%

-0.7

Danville

6.0%

7.3%

-1.3

Davenport-Moline-Rock Island, IA-IL

4.2%

5.3%

-1.1

Decatur

5.3%

6.3%

-1.0

Elgin

4.6%

5.7%

-1.1

Kankakee

5.3%

6.5%

-1.2

Lake-Kenosha, IL-WI

4.2%

5.3%

-1.1

Peoria

4.9%

6.5%

-1.6

Rockford

5.1%

6.5%

-1.4

Springfield

3.9%

4.8%

-0.9

St. Louis (IL-Section)

4.3%

5.3%

-1.0

Illinois Statewide

4.7%

5.6%

-0.9

* Data subject to revision.

 

 

 

       

CHICAGO-Unemployment rates decreased over-the-year in December in all of Illinois's metropolitan areas for the seventh consecutive month, 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.

 

"Eleven metro areas saw their lowest December unemployment rates since 2006," said IDES Director Jeff Mays. "The unemployment rate also decreased in all 102 counties over the year."

 

Illinois businesses added jobs in nine metro areas, with the largest increases in: Kankakee (+2.9 percent, +1,300), Lake/Kenosha (+1.7 percent, +6,800), and Elgin (+1.3 percent, +3,400). Total nonfarm jobs in the Chicago-Naperville-Arlington Heights Metro Division increased (+0.8 percent or +28,700). Illinois businesses lost jobs in three metro areas, with the largest losses in: Danville (-2.1 percent, -600), Decatur (-1.4 percent, -700), and Springfield (-0.7 percent, -800).

 

The industry sectors recording job growth in the majority of metro areas included Mining and Construction (10 of 14), Manufacturing (10 of 14), Wholesale Trade, (9 of 14), Transportation, Warehousing, and Utilities (9 of 14), and Education and Health Services (9 of 14).

 

Not seasonally adjusted data compares December 2017 with December 2016. The not seasonally adjusted Illinois rate was 4.7 percent in December 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 December 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) - December 2017

 

Metropolitan Area

December
2017*

December
2016**

Over-the-Year Change

Bloomington MSA

94,500

93,400

1,100

Carbondale-Marion MSA

58,700

58,300

400

Champaign-Urbana MSA

110,300

110,300

0

Chicago-Naperville-Arlington Heights Metro Division

3,770,000

3,741,300

28,700

Danville MSA

28,100

28,700

-600

Davenport-Moline-Rock Island MSA

185,400

184,100

1,300

Decatur MSA

51,100

51,800

-700

Elgin Metro Division

257,100

253,700

3,400

Kankakee MSA

46,800

45,500

1,300

Lake-County-Kenosha County Metro Division

414,000

407,200

6,800

Peoria MSA

175,900

174,800

1,100

Rockford MSA

152,800

152,800

0

Springfield MSA

115,900

116,700

-800

Illinois Section of St. Louis MSA

240,100

238,500

1,600

Illinois Statewide

6,091,500

6,053,600

37,900

 

                *Preliminary    **Revised

     



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

 

Rockford MSA

Dec. 2017

Dec. 2016

Over the Year Change

 
 

 Boone County

5.4%

6.7%

-1.3

 

 Winnebago County

5.0%

6.5%

-1.5

 

Cities

  

 

 

 Belvidere City

6.6%

8.4%

-1.8

 

 Freeport City

4.9%

6.2%

-1.3

 

 Rockford City

5.8%

7.6%

-1.8

 

Counties

  

 

 

 Bureau County

4.9%

6.3%

-1.4

 

 Carroll County

4.3%

5.7%

-1.4

 

 DeKalb County

4.0%

5.3%

-1.3

 

 Henry County

4.9%

6.4%

-1.5

 

 JoDaviess County

4.8%

5.4%

-0.6

 

 Kane County

4.7%

5.8%

-1.1

 

 Lee County

4.3%

5.2%

-0.9

 

 McHenry County

4.5%

5.1%

-0.6

 

 Ogle County

4.6%

5.8%

-1.2

 

 Stephenson County

4.3%

5.7%

-1.4

 

 Whiteside County

4.4%

5.8%

-1.4

 

 

Stephenson County  

The not seasonally adjusted unemployment rate decreased to 4.3 percent in December 2017 from 5.7 percent in December 2016. The last time the December rate was equal to or lower than the current rate was in 2006 when it was 4.2 percent. For the month of December 2017, the number of people unemployed in the labor force was 900.

Total nonfarm employment decreased -200 over the year. Construction (+50) added the most jobs from December 2016. The Financial Activities (-150), Trade, Transportation, & Utilities (-50), and Manufacturing (-50) sectors recorded the largest employment declines compared to one year ago.


Rockford MSA Highlights

Help Wanted

Area employers advertised for 5,300 positions in December and approximately 85 percent sought full-time employment, according to Help Wanted OnLine data compiled by the Conference Board. It is a global, independent business membership and research association. Employers actually need more workers than the help wanted advertising indicates because some industries, such as construction, typically do not advertise job openings.

 

Rockford MSA

The not seasonally adjusted unemployment rate decreased to 5.1 percent in December 2017 from 6.5 percent in December 2016. The last time the December rate was equal to or lower than the current rate was in 2006 when it was 5.0 percent. For the month of December 2017, the estimated number of people unemployed in the labor force was 8,400.

 

Total nonfarm employment in December 2017 held steady at 152,800 when compared to December 2016. Manufacturing (+1,000), Educational-Health Services (+300), and Leisure-Hospitality (+200) reported the largest payroll gains over the year. Professional-Business Services (-1,000), Retail Trade (-700), and Transportation, Warehousing, and Utilities (-100) recorded employment declines compared to one year ago.

 

Ogle County

The not seasonally adjusted unemployment rate decreased to 4.6 percent in December 2017 from 5.8 percent in December 2016. The last time the December rate was equal to or lower than the current rate was in 2000 when it was 3.9 percent. For the month of December 2017, the number of people unemployed in the labor force was 1,150.

 

Total nonfarm employment increased to 16,250 when compared to the December 2016 level. The Leisure-Hospitality (+50) and Construction (+50) sectors added the most jobs over the year. The Manufacturing (-75) and Information (-50) sectors recorded the largest employment declines compared to one year ago.


 

 


Note:

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