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Unemployment Rate Up Slightly in most Metros

Press Release - Wednesday, November 21, 2018

Not Seasonally Adjusted Unemployment Rates

Metropolitan Area

Oct. 2018

Oct. 2017

Over-the-Year Change

Bloomington

4.1%

3.6%

0.5

Carbondale-Marion

4.6%

4.1%

0.5

Champaign-Urbana

4.3%

3.8%

0.5

Chicago-Naperville-Arlington Heights

3.9%

4.8%

-0.9

Danville

5.5%

5.6%

-0.1

Davenport-Moline-Rock Island, IA-IL

3.9%

3.8%

0.1

Decatur

5.3%

4.8%

0.5

Elgin

4.4%

3.9%

0.5

Kankakee

4.6%

4.4%

0.2

Lake-Kenosha, IL-WI

3.9%

3.6%

0.3

Peoria

4.8%

4.5%

0.3

Rockford

5.2%

4.7%

0.5

Springfield

4.1%

3.8%

0.3

St. Louis (IL-Section)

4.4%

4.1%

0.3

Illinois Statewide

4.2%

4.5%

-0.3

     * Data subject to revision.

CHICAGO-Unemployment rates increased over-the-year in October in twelve of Illinois's metropolitan areas and decreased in two, 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 increased over the year in most metro areas across the state," said IDES Director Jeff Mays. "The increases were mostly due to more people reentering the job market and not immediately securing a job."

Illinois businesses added jobs in ten metro areas, with the largest increases in: Kankakee (+5.7 percent, +2,700), the Quad Cities (+2.0 percent, + 3,700), and Lake (+1.8 percent, +7,400). Total nonfarm jobs in the Chicago-Naperville-Arlington Heights Metro Division increased (+0.8 percent or +29,400). Illinois businesses lost jobs in three metro areas: Carbondale-Marion (-0.7 percent, -400), Springfield (-0.4 percent, -400), and Peoria (-0.1 percent, -100). Bloomington was unchanged.

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

Not seasonally adjusted data compares October 2018 with October 2017. The not seasonally adjusted Illinois rate was 4.2 percent in October 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 3.5 percent in October 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.

 

Total Nonfarm Jobs (Not Seasonally Adjusted) - October 2018

Metropolitan Area

October

2018*

October

2017**

Over-the-Year Change

Bloomington MSA

95,500

95,500

0

Carbondale-Marion MSA

58,200

58,600

-400

Champaign-Urbana MSA

114,700

113,500

1,200

Chicago-Naperville-Arlington Heights Metro Division

3,818,400

3,789,000

29,400

Danville MSA

28,500

28,300

200

Davenport-Moline-Rock Island MSA

189,700

186,000

3,700

Decatur MSA

52,400

51,700

700

Elgin Metro Division

266,100

262,800

3,300

Kankakee MSA

50,200

47,500

2,700

Lake-County-Kenosha County Metro Division

428,500

421,100

7,400

Peoria MSA

173,300

173,400

-100

Rockford MSA

153,600

152,400

1,200

Springfield MSA

112,500

112,900

-400

Illinois Section of St. Louis MSA

244,000

242,200

1,800

Illinois Statewide

6,207,000

6,147,900

59,100

                *Preliminary    **Revised

 

 

 

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

Labor Market Area

Oct-18

Oct-17

Over-the-Year Change

Chicago-Naperville-Elgin IL-IN-WI MSA

4.0%

4.6%

-0.6

Chicago-Naperville-Arlington Heights, IL Metro Division

Cook County

4.1%

5.1%

-1.0

DuPage County

3.3%

4.0%

-0.7

Grundy County

3.9%

5.0%

-1.1

Kendall County

3.6%

4.2%

-0.6

McHenry County

3.4%

4.2%

-0.8

Will County

3.9%

4.8%

-0.9

Elgin, IL Metro Division

DeKalb County

4.2%

3.7%

0.5

Kane County

4.4%

4.0%

0.4

Lake & Kenosha Counties, IL-WI Metro Division

Lake County

4.0%

3.7%

0.3

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

Aurora City

4.2%

4.3%

-0.1

Chicago City

4.4%

5.4%

-1.0

Elgin City

4.2%

4.0%

0.2

Joliet City

4.3%

5.4%

-1.1

Naperville City

3.3%

4.1%

-0.8

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

Chicago-Naperville-Arlington Heights, IL Metro Division

The not seasonally adjusted unemployment rate decreased to 3.9 percent in October 2018 from 4.8 percent in October 2017. The last time the October rate was equal to or lower than the current rate was in 2006 when it was 3.7 percent.  For the month of October 2018, the estimated number of unemployed people in the labor force was 148,100.

Total nonfarm employment increased +29,400 compared to October 2017. Government (+9,300), Construction (+6,200), Manufacturing (+5,600), and Educational-Health Services (+5,300) reported the largest payroll gains.    The   Retail Trade  (-6,100) sector recorded the largest employment decline compared to one year ago.

Elgin, IL Metro Division

The not seasonally adjusted unemployment rate increased to 4.4 percent in October 2018 from 3.9 percent in October 2017. For the month of October 2018, the estimated number of unemployed people in the labor force was 14,500.

Total nonfarm employment increased +3,300 compared to October 2017. The Construction (+1,300), Government (+700), and Leisure-Hospitality (+600) sectors reported the largest payroll gains. Educational-Health Services (-700) sector recorded the largest employment decline compared to one year ago.

Lake & Kenosha Counties, IL-WI Metro Division

The not seasonally adjusted unemployment rate increased to 3.9 percent in October 2018 from 3.6 percent in October 2017. For the month of October 2018, the estimated number of unemployed people in the labor force was 18,300.

Total nonfarm employment increased +7,400 compared to October 2017. Manufacturing (+2,800) and Construction (+2,100) sectors reported the largest payroll gains.    The Educational-Health Services (-1,300) sector recorded the largest employment decline compared to one year ago.



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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