Unemployment Rates Up, Jobs Down in All Fourteen Metro Areas in July

SPRINGFIELD -The number of nonfarm jobs decreased over-the-year in July in all fourteen Illinois metropolitan areas, with five metro areas at record low payrolls, according to preliminary data released today by the U.S. Bureau of Labor Statistics (BLS) and the Illinois Department of Employment Security (IDES). The unemployment rate increased over-the-year in all metro areas and to record highs for the month of July in four metros. The official, BLS-approved sub-state unemployment rate and nonfarm jobs series begins in 1990. Data reported prior to 1990 are not directly comparable due to updates in methodology.

"As the state continues to monitor the safety of economic reopening, IDES is committed to continuing to help those who need services," said IDES Acting Director Kristin Richards. "With the support of the Pritzker administration, the Department is prepared to support working families who continue to be affected by this pandemic."
 
The number of nonfarm jobs decreased in all fourteen Illinois metropolitan areas. Total nonfarm jobs were down in Peoria (-12.0%, -20,700), Decatur (-11.2%, -5,700) and Elgin (-10.8%, -28,200). In Chicago-Naperville-Arlington Heights, jobs were down -8.1% (-311,900). No industry sector saw job gains in a majority of metro areas.

Not seasonally adjusted data compares July 2020 with July 2019. The not seasonally adjusted Illinois rate was 11.3 percent in July 2020, was the highest unemployment rate the month of July since 1983, when it was 11.5 percent. The official, BLS approved, statewide unemployment rate series begins in 1976. Nationally, the not seasonally adjusted unemployment rate was 10.5 percent in July 2020, was a record high for the month of July, dating back to 1948. The unemployment rate identifies those individuals who are out of work and seeking employment.

Not Seasonally Adjusted Unemployment Rates

Total Nonfarm Jobs (Not Seasonally Adjusted) - July 2020

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

Central Illinois Highlights

Bloomington MSA: The not seasonally adjusted unemployment rate increased to 8.0 percent in July 2020 from 4.1 percent in July 2019.

Over the year,  nonfarm  payroll  employment  decreased   by   -6,600 compared to one year ago. The largest declines were reported in Leisure-Hospitality (-2,600), Professional-Business Services  (-1,400), Government (-900), and Educational-Health Services (-600). Financial Activities (+200) had payroll gains over the year.

Peoria MSA: The not seasonally adjusted unemployment rate increased to 10.6 percent in July 2020 from 4.6 percent in July 2019.

Over the year, nonfarm payroll employment decreased by -20,700 compared to one year ago. The largest declines were reported   in   Leisure-Hospitality  (-8,800),       Government     (-3,600),   and Professional  &  Business Services (-2,700).

Ottawa-Streator Area: The not seasonally adjusted unemployment rate increased to 9.5 percent in July 2020 from 4.8 percent in July 2019. Over the year, nonfarm payrolls decreased by -3,350 compared to a year ago. Leisure-Hospitality (-925), Manufacturing (-850), and Educational-Health Services (-525) posted the largest declines.
Galesburg Area-Knox County: The not seasonally adjusted unemployment rate increased to 9.6 percent in July 2020 from 4.8 percent in July 2019. Nonfarm payroll employment decreased by -1,200. The largest declines were reported in Leisure-Hospitality (-325), Trade, Transportation, & Utilities  (-275), and Manufacturing (-225) sectors from a year ago.

Pontiac Area-Livingston County: The not seasonally adjusted unemployment rate increased to 7.3 percent in July 2020 from 4.0 percent in July 2019.

Nonfarm payroll employment decreased by -700. Leisure-Hospitality (-200), Manufacturing (-125), Educational-Health Services (-125), Trade, Transportation, & Utilities (-100), and  Information (-100) posted the largest declines from a year ago.

Note:  Monthly 2019 unemployment rates and total nonfarm jobs for Illinois metro areas were revised in February and March 2020, 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. The official monthly unemployment rate series for metro areas, counties and most cities begins in 1990. The official monthly nonfarm jobs series for metro areas begins in 1990 and for non-metropolitan counties it begins in 1999.