Press Release - Thursday, August 23, 2018
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Unemployment Rate Falls in All Metros - Jobs Increase in Ten Metros
CHICAGO-Unemployment rates decreased over-the-year in July 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.
"The number of employed people increased in all metro areas, which contributed to the decrease in the unemployment rate," said IDES Director Jeff Mays. "This has driven the unemployment rate down to near record lows across the state. In fact, the Chicago metro area had its lowest July unemployment rate on record."
Illinois businesses added jobs in ten metro areas, with the largest increases in: Kankakee (+5.9 percent, +2,700), Elgin (+2.0 percent, +5,100), and Champaign-Urbana (+1.5 percent, +1,600). Total nonfarm jobs in the Chicago-Naperville-Arlington Heights Metro Division increased (+1.2 percent or +46,500). Illinois businesses lost jobs in three metro areas: Carbondale-Marion (-0.7 percent, -400), Danville (-0.4 percent, -100), and Bloomington (-0.3 percent, -300).
The industry sectors recording job growth in the majority of metro areas included Leisure and Hospitality (12 of 14), Manufacturing (10 of 14), Transportation, Warehousing and Utilities (10 of 14), Professional and Business Services (10 of 14), and Education and Health Services (8 of 14).
Not seasonally adjusted data compares July 2018 with July 2017. The not seasonally adjusted Illinois rate was 4.3 percent in July 2018 and stood at 12.2 percent at its peak in this economic cycle in January 2010. Nationally, the not seasonally adjusted unemployment rate was 4.1 percent in July 2018 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.
Not Seasonally Adjusted Unemployment Rates
Metropolitan Area | July 2018 | July 2017 | Over-the-Year Change |
Bloomington | 4.2% | 4.3% | -0.1 |
Carbondale-Marion | 4.9% | 5.0% | -0.1 |
Champaign-Urbana | 4.5% | 4.6% | -0.1 |
Chicago-Naperville-Arlington Heights | 4.1% | 5.3% | -1.2 |
Danville | 5.9% | 6.8% | -0.9 |
Davenport-Moline-Rock Island, IA-IL | 3.7% | 4.2% | -0.5 |
Decatur | 5.6% | 5.7% | -0.1 |
Elgin | 4.4% | 4.6% | -0.2 |
Kankakee | 4.7% | 5.1% | -0.4 |
Lake-Kenosha, IL-WI | 4.0% | 4.2% | -0.2 |
Peoria | 4.9% | 5.5% | -0.6 |
Rockford | 5.0% | 5.6% | -0.6 |
Springfield | 4.0% | 4.3% | -0.3 |
St. Louis (IL-Section) | 4.6% | 4.9% | -0.3 |
Illinois Statewide | 4.3% | 5.1% | -0.8 |
* Data subject to revision. | |||
Total Nonfarm Jobs (Not Seasonally Adjusted) - July 2018
Metropolitan Area | July 2018* | July 2017** | Over-the-Year Change |
Bloomington MSA | 91,900 | 92,200 | -300 |
Carbondale-Marion MSA | 56,200 | 56,600 | -400 |
Champaign-Urbana MSA | 108,000 | 106,400 | 1,600 |
Chicago-Naperville-Arlington Heights Metro Division | 3,812,000 | 3,765,500 | 46,500 |
Danville MSA | 28,000 | 28,100 | -100 |
Davenport-Moline-Rock Island MSA | 186,700 | 186,100 | 600 |
Decatur MSA | 51,600 | 50,900 | 700 |
Elgin Metro Division | 263,100 | 258,000 | 5,100 |
Kankakee MSA | 48,700 | 46,000 | 2,700 |
Lake-County-Kenosha County Metro Division | 429,000 | 425,600 | 3,400 |
Peoria MSA | 172,000 | 171,500 | 500 |
Rockford MSA | 152,100 | 151,100 | 1,000 |
Springfield MSA | 113,100 | 113,100 | 0 |
Illinois Section of St. Louis MSA | 237,200 | 234,800 | 2,400 |
Illinois Statewide | 6,151,300 | 6,075,400 | 75,900 |
*Preliminary **Revised |
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Not Seasonally Adjusted Unemployment Rates (percent) for Local Counties and Areas
Labor Market Area | July 2018 | July 2017 | Over-the-Year Change |
Decatur MSA | |||
Macon County | 5.6% | 5.7% | -0.1 |
Springfield MSA |
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Menard County | 3.3% | 3.7% | -0.4 |
Sangamon County | 4.1% | 4.3% | -0.2 |
Cities |
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Decatur City | 6.4% | 6.6% | -0.2 |
Quincy City | 3.8% | 4.1% | -0.3 |
Springfield City | 4.5% | 4.8% | -0.3 |
Counties |
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Adams County | 3.5% | 3.8% | -0.3 |
Brown County | 2.6% | 2.7% | -0.1 |
Calhoun County | 4.5% | 5.0% | -0.5 |
Cass County | 4.1% | 4.3% | -0.2 |
Christian County | 5.1% | 5.3% | -0.2 |
DeWitt County | 4.4% | 4.4% | 0.0 |
Greene County | 4.6% | 5.2% | -0.6 |
Jersey County | 4.4% | 4.8% | -0.4 |
Logan County | 4.5% | 4.8% | -0.3 |
McDonough County | 6.2% | 6.3% | -0.1 |
Macoupin County | 4.6% | 4.8% | -0.2 |
Montgomery County | 5.3% | 5.4% | -0.1 |
Morgan County | 4.2% | 4.5% | -0.3 |
Moultrie County | 3.7% | 3.9% | -0.2 |
Piatt County | 4.1% | 3.9% | 0.2 |
Pike County | 4.4% | 4.1% | 0.3 |
Schuyler County | 3.7% | 3.9% | -0.2 |
Scott County | 4.0% | 4.4% | -0.4 |
Shelby County | 4.1% | 4.1% | 0.0 |
Other Areas |
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LWA 19 | 5.4% | 5.6% | -0.2 |
LWA 20 | 4.2% | 4.4% | -0.2 |
LWA 21 | 4.5% | 4.8% | -0.3 |
Central EDR | 4.5% | 4.8% | -0.3 |
Central Illinois Highlights
Help Wanted
Area employers advertised for 6,300 positions in July and approximately 81 percent sought full-time employment, according to Help Wanted OnLine data compiled by the Conference Board, which 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 post advertised job openings.
Decatur MSA
The not seasonally adjusted unemployment rate decreased to
5.6 percent in July 2018 from 5.7 percent in July 2017. There were an estimated 2,800 unemployed people in the labor force in July 2018.
The total number of nonfarm jobs in the Decatur metro area increased by (+700) compared to one year ago. Payrolls increased in Manufacturing (+500), Leisure & Hospitality (+200), Construction (+200), and Government (+200). Declines were reported in Retail Trade (-300) and Wholesale Trade (-100). All other major industry sectors were stable compared to last year.
Springfield MSA
The not seasonally adjusted unemployment rate decreased to 4.0 percent in July 2018 from 4.3 percent in July 2017. At 4.0 percent, the Springfield MSA unemployment rate is lower than Illinois at 4.3 percent, as well as the U.S. rate at 4.1 percent compared to one year ago. There were an estimated 4,500 unemployed people in the labor force in July 2018.
The total number of nonfarm jobs in the Springfield metro area remained unchanged compared to a year ago. Payroll increases were reported in Professional & Business Services (+200), Construction (+200), and Educational & Health Services (+200), while Transportation, Warehousing, & Utilities, Leisure & Hospitality, and Manufacturing each increased by (+100). Declines were reported in Retail Trade (-500), Other Services (-200), Financial Activities (-100), and Information (-100). All other major industry sectors were stable compared to last year.
Note: Monthly 2017 unemployment rates and total nonfarm jobs for Illinois metro areas were revised in February and March 2018, as required by the U.S. 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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