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Unemployment Rate Falls in Thirteen Metros - Unchanged in One

Press Release - Thursday, September 27, 2018

CHICAGO-Unemployment rates decreased over-the-year in August in thirteen of Illinois's metropolitan areas and was unchanged in one, 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 unemployment rate continued its downward trend in all metro areas except one where it was unchanged," said IDES Director Jeff Mays. "These are some of the lowest unemployment rates we have seen in years. In fact, for the sixth consecutive month, the Chicago metro area had its lowest unemployment rate on record."

Illinois businesses added jobs in ten metro areas, with the largest increases in: Kankakee (+6.2 percent, +2,900), Champaign-Urbana (+1.6 percent, +1,700), the Quad Cities (+1.1 percent, + 2,100), and Rockford (+1.1 percent, +1,600). Total nonfarm jobs in the Chicago-Naperville-Arlington Heights Metro Division increased (+0.8 percent or +28,400). Illinois businesses lost jobs in three metro areas: Carbondale-Marion (-0.9 percent, -500), Springfield (-0.3 percent, -400), and Bloomington (-0.2 percent, -200). Total nonfarm jobs were unchanged in Peoria.

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

Not seasonally adjusted data compares August 2018 with August 2017. The not seasonally adjusted Illinois rate was 4.2 percent in August 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 3.9 percent in August 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

August 2018

August 2017

Over-the-Year Change

Bloomington

4.1%

4.2%

-0.1

Carbondale-Marion

4.9%

5.0%

-0.1

Champaign-Urbana

4.5%

4.5%

0.0

Chicago-Naperville-Arlington Heights

3.8%

5.6%

-1.8

Danville

5.9%

6.8%

-0.9

Davenport-Moline-Rock Island, IA-IL

3.9%

4.3%

-0.4

Decatur

5.5%

5.9%

-0.4

Elgin

4.4%

4.6%

-0.2

Kankakee

4.7%

5.1%

-0.4

Lake-Kenosha, IL-WI

4.1%

4.2%

-0.1

Peoria

4.9%

5.4%

-0.5

Rockford

5.3%

5.6%

-0.3

Springfield

4.2%

4.3%

-0.1

St. Louis (IL-Section)

4.5%

4.9%

-0.4

Illinois Statewide

4.2%

5.3%

-1.1

     * Data subject to revision.












Total Nonfarm Jobs (Not Seasonally Adjusted) - August 2018

Metropolitan Area

August

2018*

August

2017**

Over-the-Year Change

Bloomington MSA

92,600

92,800

-200

Carbondale-Marion MSA

56,100

56,600

-500

Champaign-Urbana MSA

106,600

104,900

1,700

Chicago-Naperville-Arlington Heights Metro Division

3,796,100

3,767,700

28,400

Danville MSA

28,400

28,200

200

Davenport-Moline-Rock Island MSA

188,200

186,100

2,100

Decatur MSA

51,600

51,100

500

Elgin Metro Division

261,000

258,400

2,600

Kankakee MSA

49,500

46,600

2,900

Lake-County-Kenosha County Metro Division

425,000

424,200

800

Peoria MSA

173,000

173,000

0

Rockford MSA

152,700

151,100

1,600

Springfield MSA

115,600

116,000

-400

Illinois Section of St. Louis MSA

239,300

238,200

1,100

Illinois Statewide

6,138,000

6,083,100

54,900

                *Preliminary    **Revised

 

 

 


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

Labor Market Area

Aug. 2018

Aug. 2017

Over-the-Year Change

Decatur MSA

   Macon County

5.5%

5.9%

-0.4

Springfield MSA

 

 

 

   Menard County

3.6%

3.7%

-0.1

   Sangamon County

4.2%

4.3%

-0.1

Cities

 

 

 

   Decatur City

6.2%

6.7%

-0.5

   Quincy City

4.0%

4.2%

-0.2

   Springfield City

4.7%

4.8%

-0.1

Counties

 

 

 

   Adams County

3.8%

4.0%

-0.2

   Brown County

2.7%

2.9%

-0.2

   Calhoun County

4.8%

5.4%

-0.6

   Cass County

4.1%

4.4%

-0.3

   Christian County

5.2%

5.2%

 0.0

   DeWitt County

4.9%

4.6%

 0.3

   Greene County

4.6%

5.0%

-0.4

   Jersey County

4.5%

4.7%

-0.2

   Logan County

4.5%

4.6%

-0.1

   McDonough County

5.2%

5.2%

 0.0

   Macoupin County

4.5%

4.8%

-0.3

   Montgomery County

5.4%

5.5%

-0.1

   Morgan County

4.2%

4.4%

-0.2

   Moultrie County

3.9%

4.0%

-0.1

   Piatt County

4.2%

4.2%

 0.0

   Pike County

4.7%

4.2%

 0.5

   Schuyler County

3.9%

4.1%

-0.2

   Scott County

4.4%

4.4%

 0.0

   Shelby County

4.2%

4.2%

 0.0

Other Areas

 

 

 

   LWA 19

5.4%

5.7%

-0.3

   LWA 20

4.3%

4.4%

-0.1

   LWA 21

4.6%

4.8%

-0.2

   Central EDR

4.6%

4.8%

-0.2


Central Illinois Highlights

Help Wanted

Area employers advertised for 7,100 positions in August and approximately 82 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 5.5 percent in August 2018 from 5.9 percent in August 2017. There were an estimated 2,750 unemployed people in the labor force in August 2018.

The total number of nonfarm jobs in the Decatur metro area increased by (+500) compared to one year ago. Payrolls increased in Manufacturing (+400), Construction (+200), Leisure & Hospitality (+200), and Government (+100). 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 4.2 percent in August 2018 from 4.3 percent in August 2017. There were an estimated 4,700 unemployed people in the labor force in August 2018.

The total number of nonfarm jobs in the Springfield metro area decreased by (-400) compared to a year ago. Payroll increases were reported in Educational & Health Services (+500) and Professional & Business Services (+200), while Construction, Manufacturing, and Wholesale Trade each increased by (+100).  Declines were reported in Retail Trade (-900), Other Services (-300), Government (-100), and Financial Activities (-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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