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July Local Unemployment Falls in Seven Metros

Posted by Admin On August - 23 - 2013

Chicago Adds +69,800 Jobs; Payrolls up in Champaign

 

CHICAGO, IL – July local unemployment rates fell in seven of 12 metro areas, according to preliminary data released by the Illinois Department of Employment Security (IDES). Not seasonally adjusted data compares July 2013 to July 2012. Largest decreases: Metro East (‑1.0 point to 8.6 percent), Lake County (-0.4 to 8.4 percent) and Rockford (‑0.3 to 11.4 percent). Largest increases: Decatur (+1.9 points to 13.2 percent), Peoria (+1.4 to 9.4 percent), Danville (+1.2 to 11.8 percent) and Chicago-Joliet-Naperville (+0.3 to 9.7 percent).

Jobs increased in four metros and declined in eight. Largest increases: Champaign-Urbana (+2.4 percent, +2,400), Chicago-Joliet-Naperville (+1.9 percent, +69,800), and Kankakee-Bradley (+0.5 percent, +200). Industry sectors increasing in the most metros: Leisure and Hospitality (eight of 12) and Educational and Health Services (seven of 12).

“Chicago and suburban job growth are drawing more people to look for work. Weaker manufacturing touched Downstate,” IDES Director Jay Rowell said.

Not seasonally adjusted data compares the current month to the same month of the previous year. The July 2013 not seasonally adjusted Illinois rate was 9.6 percent and 12.2 percent at its peak in this economic cycle in January 2010. Nationally, the unemployment rate was 7.7 percent in July 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. Historically, the state unemployment rate is higher than the national rate.

Not Seasonally Adjusted Unemployment Rates

Metropolitan Area July
2013*
July
2012
Bloomington-Normal 7.8% 7.7%
Champaign-Urbana 8.9% 9.1%
Chicago-Joliet-Naperville 9.7% 9.4%
Danville 11.8% 10.6%
Davenport-Moline-Rock Isl. 6.9% 7.1%
Decatur 13.2% 11.3%
Kankakee-Bradley 11.2% 11.3%
Lake-Kenosha, IL-WI 8.4% 8.8%
Peoria 9.4% 8.0%
Rockford 11.4% 11.7%
Springfield 8.0% 8.1%
St. Louis (IL-Section) 8.6% 9.6%
* Data subject to revision.    

 

Metropolitan Area July
2013*
July
2012**
Over-the-Year Change
Bloomington-Normal MSA 88,600 89,100 -500
Champaign-Urbana MSA 103,400 101,000 2,400
Chicago-Joliet-Naperville Metro Div. 3,799,000 3,729,200 69,800
Danville MSA 29,200 29,600 -400
Davenport-Moline-Rock Island MSA 185,900 185,600 300
Decatur MSA 50,100 52,200 -2,100
Kankakee-Bradley MSA 43,500 43,300 200
Lake County-Kenosha County Metro Div. 392,400 392,700 -300
Peoria MSA 182,500 186,300 -3,800
Rockford MSA 148,700 149,500 -800
Springfield MSA 111,100 111,300 -200
Illinois Section of St. Louis MSA 227,900 230,200 -2,300
 Total Non-farm Jobs (Not Seasonally Adjusted) – July 2013                 *Preliminary    **Revised
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