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Downstate Illinois Still Lagging in Job Growth

Posted by Admin On July - 24 - 2015

Unemployment Rates Continue Falling in All Metro Areas

Not Seasonally Adjusted Unemployment Rates

CHICAGO, IL – June was the 16th month in a row that unemployment rates fell in every metro area in Illinois compared to a year ago, but job growth is still slow downstate, according to preliminary data released today by the Illinois Department of Employment Security (IDES) and the U.S. Bureau of Labor Statistics (BLS).  Unemployment rates also fell in all of Illinois’s 102 counties for the 14th time in the last fifteen months. Not seasonally adjusted data compares June 2015 with June 2014.

Illinois businesses added jobs in eight metros. The largest increases were seen in: Elgin Metro Division (+1.9 percent, +4,900), Danville (+1.7 percent, +500) and Chicago-Naperville-Arlington Heights Metro Division (+1.3 percent or +47,900).  Decreases were seen in: Carbondale-Marion (-2.2 percent, -1,200), Peoria (-1.3 percent, -2,400) and Decatur (-1.0 percent, -500).  The industry sectors recording job growth in the majority of metros were Retail Trade (nine of 14) Transportation, Warehousing and Public Utilities (nine of 14), Professional and Business Services (eight of 14), and Leisure and Hospitality (eight of 14).

“In looking at the metro data, collar counties gained more net jobs than the total statewide gain. Given the statewide gain of 44,500 jobs total, the rest of the state had a net loss,” IDES Director Jeff Mays said. “The need for a full statewide recovery remains.”

The not seasonally adjusted Illinois rate was 5.9 percent in June 2015 and stood at 12.2 percent at its peak in this economic cycle in January 2010.  Nationally, the not seasonally adjusted unemployment rate was 5.5 percent in June 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.


Metropolitan Area June 2015 June 2014 Over-the-Year Change
Bloomington 4.6% 5.8% -1.2
Carbondale-Marion 5.7% 6.9% -1.2
Champaign-Urbana 4.9% 6.2% -1.3
Chicago-Naperville-Arlington Heights 6.3% 7.3% -1.0
Danville 6.5% 8.5% -2.0
Davenport-Moline-Rock Island, IA-IL 5.0% 6.0% -1.0
Decatur 6.6% 8.6% -2.0
Elgin 5.0% 6.6% -1.6
Kankakee 6.0% 7.9% -1.9
Lake-Kenosha, IL-WI 4.7% 6.1% -1.4
Peoria 5.7% 7.0% -1.3
Rockford 6.1% 7.9% -1.8
Springfield 4.6% 5.8% -1.2
St. Louis (IL-Section) 5.5% 7.1% -1.6
Illinois Statewide 5.9% 7.1% -1.2
* Data subject to revision.

Total Nonfarm Jobs (Not Seasonally Adjusted) – June 2015

Metropolitan Area June
2015*
June
2014**
Over-the-Year Change
Bloomington MSA 93,800 93,300 500
Carbondale-Marion MSA 54,100 55,300 -1,200
Champaign-Urbana MSA 104,600 103,400 1,200
Chicago-Naperville-Arlington Heights Metro Div. 3,667,600 3,619,700 47,900
Danville MSA 29,600 29,100 500
Davenport-Moline-Rock Island IA-IL MSA 185,000 186,600 -1,600
Decatur MSA 50,700 51,200 -500
Elgin Metro Division 257,500 252,600 4,900
Kankakee MSA 44,900 44,500 400
Lake County-Kenosha County IL-WI Metro Div. 414,300 409,900 4,400
Peoria MSA 179,000 181,400 -2,400
Rockford MSA 153,500 152,000 1,500
Springfield MSA 112,700 112,900 -200
Illinois Section of St. Louis MSA 230,200 232,400 -2,200
Illinois Statewide 5,973,200 5,928,700 44,500
*Preliminary    **Revised

(continued)

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

Labor Market Area Jun-15 Jun-14 Over-the-Year Change
Chicago-Naperville-Elgin IL-IN-WI MSA 6.0% 7.1% -1.1
Chicago-Naperville-Arlington Heights, IL Metro Division
Cook County 6.5% 7.6% -1.1
DuPage County 5.1% 5.9% -0.8
Grundy County 7.1% 8.7% -1.6
Kendall County 5.5% 6.6% -1.1
McHenry County 5.5% 6.4% -0.9
Will County 6.4% 7.6% -1.2
Elgin, IL Metro Division
DeKalb County 5.0% 6.4% -1.4
Kane County 5.0% 6.6% -1.6
Lake & Kenosha Counties, IL-WI Metro Division
Lake County 4.6% 6.1% -1.5
Cities (with total population of at least 100,000) *
Aurora City 5.5% 7.0% -1.5
Chicago City 6.9% 7.9% -1.0
Elgin City 5.5% 7.1% -1.6
Joliet City 8.0% 9.2% -1.2
Naperville City 5.2% 6.1% -0.9

* 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

Lake & Kenosha Counties, IL-WI Metro Division

The not seasonally adjusted unemployment rate decreased to 4.7 percent in June 2015 from 6.1 percent in June 2014. The last time the June rate was equal to or lower was in 2006 when it was 4.4 percent. For the month of June 2015, the estimated number of unemployed people in the labor force was 21,800.

Total nonfarm employment increased +4,400 compared to June 2015. Retail Trade (+1,400), Professional-Business Services (+1,100), and Financial Activities (+1,100) reported the largest payroll gains. The Leisure-Hospitality (-2,200) sector recorded the largest employment decline compared to one year ago.


Chicago-Naperville-Arlington Heights, IL Metro Division

The not seasonally adjusted unemployment rate decreased to 6.3 percent in June 2015 from 7.3 percent in June 2014. The last time the June rate was equal to or lower was in 2007 when it was 5.5 percent. For the month of June 2015, the estimated number of unemployed people in the labor force was 240,100.

Total nonfarm employment increased +47,900 compared to June 2014. Professional-Business Services (+15,300), Educational-Health Services (+14,900), and Construction (+5,800) reported the largest payroll gains. Manufacturing (-4,500) and Financial Activities (-3,400) sectors recorded employment declines compared to one year ago.

Elgin, IL Metro Division

The not seasonally adjusted unemployment rate decreased to 5.0 percent in June 2015 from 6.6 percent in June 2014. The last time the June rate was equal to or lower was in 2007 when it was 4.7 percent. For the month of June 2015, the estimated number of unemployed people in the labor force was 16,100.

Total nonfarm employment increased +4,900 compared to June 2014. Professional-Business Services (+1,600), Wholesale Trade (+1,600), and Educational-Health Services (+800) reported the largest payroll gains. The Other Services (-200), Manufacturing (-100), and Financial Activities
(-100) sectors recorded employment declines compared to one year ago.


Note:

  • Monthly 2014 unemployment rates and total non-farm jobs for Illinois metro areas were revised in February 2015, as required by the U.S. Dept. of Labor, Bureau of Labor Statistics (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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