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October local unemployment falls in 6 of 12 Metros

Posted by Admin On December - 6 - 2013

Chicago Adds 54,000 Jobs; Champaign, Lake, Quad Cities Also Up

CHICAGO, IL – October local unemployment rates fell in six metro areas, increased in five and was unchanged in one, according to preliminary data released by the Illinois Department of Employment Security (IDES). Not seasonally adjusted data compare October 2013 to October 2012. Largest decreases: Lake County (‑0.2 to 7.6 percent) and Metro East (‑0.2 to 7.9 percent). The Chicago-Joliet-Naperville Metropolitan Division rate fell 0.1 point to 8.3 percent. Largest increases: Danville (+1.8 to 11.3 percent), Decatur (+1.6 to 11.7 percent), and Peoria (+1.1 to 8.7 percent).

Jobs increased in five metros, declined in six and were unchanged in one. Largest increases: Chicago-Joliet-Naperville (+1.4 percent, +54,000), Lake County (+1.2 percent, +4,800), Champaign-Urbana (+0.9 percent, +1,000), and the Quad Cities (+0.9 percent, +1,600). Industry sectors increasing in the most metros: Education & Health Services (eight of 12).

“Modest job growth continues across the state despite pockets of slow growth tied to a temporary weakness in the global manufacturing market,” IDES Director Jay Rowell said. “Our overall economic growth will be slowed if Congress does not continue unemployment benefits for the long-term unemployed as it approaches another federal budget deadline in January.”

Not seasonally adjusted data compare the current month to the same month of the previous year. The October 2013 not seasonally adjusted Illinois rate was 8.3 percent and 12.2 percent at its peak in this economic cycle in January 2010. Nationally, the unemployment rate was 7.0 percent in October 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

Oct.
2013*

Oct.
2012

Sept.
2013*

Sept.
2012

Bloomington-Normal

6.9

6.6

6.6

6.6

Champaign-Urbana

7.7

7.6

7.4

7.6

Chicago-Joliet-Naperville

8.3

8.4

8.4

8.3

Danville

11.3

9.5

11.0

9.5

Davenport-Moline-Rock Isl.

6.7

6.7

6.7

6.4

Decatur

11.7

10.1

11.7

10.1

Kankakee-Bradley

10.1

10.2

10.1

10.3

Lake-Kenosha, IL-WI

7.6

7.8

7.4

7.8

Peoria

8.7

7.6

8.5

7.3

Rockford

10.5

10.6

10.5

10.7

Springfield

7.1

7.2

7.0

7.2

St. Louis (IL-Section)

7.9

8.1

7.6

8.1

* Data subject to revision.

Total Non-farm Jobs (Not Seasonally Adjusted) – September/October 2013

Metropolitan Area

Oct.
2013*

Oct.
2012**

Oct. Over-the-
Year Change

Sept.
2013*

Sept.
2012**

Bloomington-Normal MSA

90,900

92,100

-1,200

90,600

91,100

Champaign-Urbana MSA

109,200

108,200

1,000

107,400

106,200

Chicago-Joliet-Naperville Metro Div.

3,810,700

3,756,700

54,000

3,789,600

3,741,600

Danville MSA

29,500

29,500

0

29,400

29,700

Davenport-Moline-Rock Island MSA

186,200

184,600

1,600

185,000

185,100

Decatur MSA

50,800

53,100

-2,300

50,400

52,900

Kankakee-Bradley MSA

44,200

44,300

-100

43,800

44,100

Lake County-Kenosha County Metro Div.

397,400

392,600

4,800

394,900

392,500

Peoria MSA

183,700

187,800

-4,100

183,600

186,700

Rockford MSA

149,600

151,000

-1,400

149,400

150,300

Springfield MSA

112,500

112,300

200

111,900

112,000

Illinois Section of St. Louis MSA

230,000

231,100

-1,100

230,900

232,100

*Preliminary

**Revised

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