Job Losses Reported in More Than Half of the Metro Areas

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Unemployment rate declines in most areas

CHICAGO, IL –Unemployment rates were down over-the-year in all but one of Illinois’s metro areas. Six of the metro areas had increases in nonfarm jobs and eight reported declines, according to preliminary data released today by the U.S. Bureau of Labor Statistics (BLS) and the Illinois Department of Employment Security (IDES).

“This month’s report almost mirrors last month’s,” said IDES Director Jeff Mays. “The only difference is the overall increase in jobs is down when compared to last month. Even though the unemployment rate is lower, we still don’t have enough people working.”

Illinois businesses added jobs in six metro areas, in which the largest increases were seen in: Kankakee (+1.1 percent, +500), Elgin (+0.6 percent, +1,500), and Springfield (+0.6 percent, +700). Total nonfarm jobs in the Chicago-Naperville-Arlington Heights Metro Division increased (+0.8 percent or +28,500). Illinois businesses lost jobs in eight metro areas including Carbondale-Marion (-2.6 percent, -1,500), Rockford (-2.3 percent, -3,500), and Peoria (-1.5 percent, -2,600). The industry sectors recording job growth in the majority of metro areas were: Education and Health Services (10 of 14), Professional and Business Services (nine of 14) and Mining and Construction (eight of 14).

Not seasonally adjusted data compares March 2017 with March 2016. The not seasonally adjusted Illinois rate was 4.7 percent in March 2017 and stood at 12.2 percent at its peak in this economic cycle in January 2010. Nationally, the not seasonally adjusted unemployment rate was 4.6 percent in March 2017 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.

 

 Not Seasonally Adjusted Unemployment Rates

 

Metropolitan Area

Mar.

2017

Mar.

2016

Over-the-Year Change

Bloomington

4.3%

5.5%

-1.2

Carbondale-Marion

5.0%

6.3%

-1.3

Champaign-Urbana

4.5%

5.4%

-0.9

Chicago-Naperville-Arlington Heights

4.2%

6.3%

-2.1

Danville

6.4%

7.9%

-1.5

Davenport-Moline-Rock Island, IA-IL

4.8%

6.0%

-1.2

Decatur

5.7%

7.1%

-1.4

Elgin

5.4%

6.4%

-1.0

Kankakee

5.9%

7.3%

-1.4

Lake-Kenosha, IL-WI

5.0%

6.0%

-1.0

Peoria

6.0%

7.1%

-1.1

Rockford

8.3%

7.2%

1.1

Springfield

4.4%

5.5%

-1.1

St. Louis (IL-Section)

4.7%

6.3%

-1.6

Illinois Statewide

4.7%

6.4%

-1.7

* Data subject to revision.

 

Total Nonfarm Jobs (Not Seasonally Adjusted) – March 2017

Metropolitan Area

Mar.
2017*

Mar.
2016**

Over-the-Year Change

Bloomington MSA

93,400

93,600

-200

Carbondale-Marion MSA

56,800

58,300

-1,500

Champaign-Urbana MSA

110,600

110,100

500

Chicago-Naperville-Arlington Heights Metro Division

3,682,100

3,653,600

28,500

Danville MSA

28,400

28,700

-300

Davenport-Moline-Rock Island MSA

181,500

180,700

800

Decatur MSA

51,100

51,200

-100

Elgin Metro Division

249,900

248,400

1,500

Kankakee MSA

44,000

43,500

500

Lake-County-Kenosha County Metro Division

400,600

402,300

-1,700

Peoria MSA

172,100

174,700

-2,600

Rockford MSA

146,600

150,100

-3,500

Springfield MSA

114,700

114,000

700

Illinois Section of St. Louis MSA

235,100

235,200

-100

Illinois Statewide

5,962,800

5,935,200

27,600

                  *Preliminary    **Revised

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

Labor Market Area

Mar-17

Mar-16

Over-the-Year Change

Chicago-Naperville-Elgin IL-IN-WI MSA

4.5%

6.3%

-1.8

Chicago-Naperville-Arlington Heights, IL Metro Division

Cook County

4.4%

6.5%

-2.1

DuPage County

3.4%

5.1%

-1.7

Grundy County

5.6%

7.9%

-2.3

Kendall County

3.9%

5.7%

-1.8

McHenry County

4.2%

6.0%

-1.8

Will County

4.6%

6.7%

-2.1

Elgin, IL Metro Division

DeKalb County

5.3%

6.0%

-0.7

Kane County

5.4%

6.5%

-1.1

Lake & Kenosha Counties, IL-WI Metro Division

Lake County

5.2%

6.1%

-0.9

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

Aurora City

4.8%

6.1%

-1.3

Chicago City

4.5%

6.8%

-2.3

Elgin City

6.8%

8.2%

-1.4

Joliet City

5.9%

8.4%

-2.5

Naperville City

3.1%

4.7%

-1.6

 

* Unemployment rates for cities with total population of 25,000 or more can be found atwww.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 5.0 percent in March 2017 from 6.0 percent in March 2016. The last time the March rate was equal to or lower than the current rate was in 2001 when it was 4.8 percent. For the month of March 2017, the estimated number of unemployed people in the labor force was 22,900.

Total nonfarm employment declined -1,700 compared to March 2016. The Leisure-Hospitality (-3,200) and Professional-Business Services (-2,200) sectors recorded the largest employment declines compared to one year ago. Manufacturing (+1,400), Government (+700), and Transportation-Warehousing-Utilities (+700) sectors reported the largest payroll gains.

 

Chicago-Naperville-Arlington Heights, IL Metro Division

The not seasonally adjusted unemployment rate decreased to 4.2 percent in March 2017 from 6.3 percent in March 2016. The March 2017 unemployment rate of 4.2 percent is the lowest March unemployment rate since 1990. For the month of March 2017, the estimated number of unemployed people in the labor force was 158,900.

Total nonfarm employment increased +28,500 compared to March 2016. Financial Activities (+10,200), Leisure-Hospitality (+9,200), and Educational-Health Services (+7,900) reported the largest payroll gains. The Manufacturing (-1,800), Construction (-1,500), and Retail Trade (-1,100) sectors recorded the largest employment declines compared to one year ago.

Elgin, IL Metro Division

The not seasonally adjusted unemployment rate decreased to 5.4 percent in March 2017 from 6.4 percent in March 2016. The last time the March rate was equal to or lower than the current rate was in 2007 when it was 4.3 percent. For the month of March 2017, the estimated number of unemployed people in the labor force was 17,400.

Total nonfarm employment increased +1,500 compared to March 2016. Educational-Health Services (+1,300), Government (+1,000), and Wholesale Trade (+800) reported the largest payroll gains. Construction (-600), Leisure-Hospitality
(-600), Manufacturing (-300), and Other Services
(-300) sectors recorded the largest employment declines compared to one year ago.

Note:
Monthly 2016 unemployment rates and total non-farm jobs for Illinois metro areas were revised in February and March 2017, 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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