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Job Growth Increases in Most Metro Areas But Still Below National Growth Rate

Press Release - Thursday, July 27, 2017

Not Seasonally Adjusted Unemployment Rates

 

Metropolitan Area

June

2017

June

2016

Over-the-Year Change

Bloomington

4.4%

5.3%

-0.9

Carbondale-Marion

5.2%

5.8%

-0.6

Champaign-Urbana

4.8%

5.3%

-0.5

Chicago-Naperville-Arlington Heights

5.1%

6.2%

-1.1

Danville

6.8%

7.0%

-0.2

Davenport-Moline-Rock Island, IA-IL

4.5%

5.4%

-0.9

Decatur

5.9%

6.6%

-0.7

Elgin

4.8%

5.2%

-0.4

Kankakee

5.4%

6.0%

-0.6

Lake-Kenosha, IL-WI

4.3%

4.9%

-0.6

Peoria

5.5%

6.2%

-0.7

Rockford

5.8%

6.3%

-0.5

Springfield

4.3%

4.6%

-0.3

St. Louis (IL-Section)

5.0%

5.7%

-0.7

Illinois Statewide

5.0%

6.0%

-1.0

* Data subject to revision.

 

 

 

CHICAGO-Unemployment rates decreased over-the-year in June in all of Illinois's metropolitan areas and all but two counties, according to data released today by the U.S. Bureau of Labor Statistics and the Illinois Dept. of Employment Security (IDES).

 

Data also show more nonfarm jobs in eleven of the metropolitan areas while one was unchanged and two reported declines.

 

"We gained jobs but at about half the rate than the rest of the country," said IDES Director Jeff Mays. "Although the unemployment rates are lower compared to last year, the labor force continues to shrink in most metro areas across the state."

 

Illinois businesses added jobs in eleven metro areas, with the largest increases in: Bloomington (+3.4 percent, +3,100), Lake (+2.8 percent, +11,700), and Kankakee (+2.7 percent, +1,200). Total nonfarm jobs in the Chicago-Naperville-Arlington Heights Metro Division increased (+1.1 percent or +39,600). Illinois businesses lost jobs in two metro areas: Danville (-0.7 percent, -200) and Rockford (-0.1 percent, -200).

 

The industry sectors recording job growth in the majority of metro areas included Professional and Business Services (11 of 14), Leisure and Hospitality (10 of 14), Government (10 of 14), and Mining and Construction (nine of 14).

 

Not seasonally adjusted data compares June 2017 with June 2016. The not seasonally adjusted Illinois rate was 5.0 percent in June 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 4.5 percent in June 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.

 

Total Nonfarm Jobs (Not Seasonally Adjusted) - June 2017

 

Metropolitan Area

June
2017*

June
2016**

Over-the-Year Change

Bloomington MSA

94,500

91,400

3,100

Carbondale-Marion MSA

57,000

55,700

1,300

Champaign-Urbana MSA

106,000

105,600

400

Chicago-Naperville-Arlington Heights Metro Division

3,780,000

3,740,400

39,600

Danville MSA

28,300

28,500

-200

Davenport-Moline-Rock Island MSA

185,200

184,400

800

Decatur MSA

51,500

51,500

0

Elgin Metro Division

257,800

256,300

1,500

Kankakee MSA

45,700

44,500

1,200

Lake-County-Kenosha County Metro Division

429,300

417,600

11,700

Peoria MSA

177,500

176,100

1,400

Rockford MSA

153,100

153,300

-200

Springfield MSA

116,700

114,700

2,000

Illinois Section of St. Louis MSA

237,800

236,500

1,300

Illinois Statewide

6,101,100

6,044,500

56,600

 

                *Preliminary    **Revised


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

 

 

June2017

 

June2016

Over- the-Year Change

Bloomington MSA

DeWitt County

4.4%

5.3%

-0.9

McLean County

4.4%

5.2%

-0.8

Peoria MSA

Marshall County

5.0%

5.7%

-0.7

Peoria County

5.9%

6.6%

-0.7

Stark County

5.5%

6.5%

-1.0

Tazewell County

5.4%

6.0%

-0.6

Woodford County

4.3%

5.1%

-0.8

Ottawa-Streator Area

5.4%

6.1%

-0.7

Bureau County

4.7%

5.6%

-0.9

LaSalle County

5.6%

6.3%

-0.7

Putnam County

4.6%

5.1%

-0.5

Galesburg Area

5.0%

5.5%

-0.5

Knox County

5.0%

5.5%

-0.5

Warren County

4.6%

5.3%

-0.7

Cities

Bloomington City

4.4%

5.2%

-0.8

Galesburg City

5.3%

5.9%

-0.6

Normal City

4.6%

5.5%

-0.9

Pekin City

6.3%

7.0%

-0.7

Peoria City

6.2%

6.8%

-0.6

Counties

Fulton County

6.6%

7.1%

-0.5

Henderson County

4.8%

5.2%

-0.4

Henry County

5.1%

5.6%

-0.5

Livingston County

4.6%

5.2%

-0.6

Logan County

4.9%

5.0%

-0.1

Mason County

6.5%

7.4%

-0.9

Pontiac Area:The not seasonally adjusted unemployment rate decreased to 4.6 percent in June 2017 from 5.2 percent in June 2016. Nonfarm payroll employment decreased by  (-125). Wholesale Trade (+125) had the largest increase while Information (-100) had the largest decline from a yearago.

 

 

Central Illinois Highlights

Help Wanted

Area employers advertised for 7,400 positions in June and approximately 83 percent sought full-time employment, according to Help Wanted OnLine data compiled by the Conference Board, which is a global, independent business membershipandresearchassociation.Employersactuallyneed more workers than the help wanted advertising indicates becausesomeindustries,suchasConstruction,typicallydonot post advertised jobopenings.

Bloomington MSA:The not seasonally adjusted unemploymentratedecreasedto 4.4percentinJune2017when comparedto5.3percentin June2016.Therewerean estimated 4,300 unemployed people in the labor force in June2017.

Over the year, nonfarm payroll employment increased by (+3,100). Job gains were reported in Construction (+1,900), Professional & Business Services (+700), Educational & Health Services (+500), Financial Activities (+200), Leisure&Hospitality(+200), and Government (+100). Declines were reported in Retail Trade (-500). All other major industry sectors were little changed compared to a yearago.

 

Peoria MSA:The not seasonally adjusted unemployment rate decreased to 5.5 percent in June 2017 from 6.2 percent in June 2016. There were an estimated 10,000 unemployed people in the labor force in June 2017.

Over the year, nonfarm payroll employment increased by (+1,400). Job gains were reported in Professional & Business Services (+1,200), Leisure & Hospitality (+1,100), Construction (+500), and Financial Activities, Manufacturing, Wholesale Trade, andGovernment each increased by (+100).DeclineswerereportedinRetailTrade (-1,000), Educational & Health Services (-700), and Transportation, Warehousing, & Utilities(-100). All other major industry sectors were stable compared to last year.

Ottawa-Streator Area:The not seasonally adjusted unemployment rate decreased to 5.4 percent in June 2017 from

6.1 percent in June 2016. There were an estimated 4,100 unemployed people in the labor force in June 2017. Nonfarm payrolls increased by (+250) compared to a year ago. The largest gains occurred in Transportation, Warehousing, & Utilities (+125), while Construction and Financial Activities each increased by (+100). Declines were reported in Professional & Business Services (-125), while Information and Manufacturing each declined by (-50). All other major industry sectors were stable compared to last year.

Galesburg Area:The not seasonally adjusted unemployment rate decreased to 5.0 percent in June 2017 from 5.5 percent in June 2016. Nonfarm payroll employment increased by (+350). Job gains were led by Leisure & Hospitality (+250), Retail Trade (+100), and Transportation, Warehousing, & Utilities (+75). Educational & Health Services (-150) had the largest employment decline over the year.


 

Note:

Monthly 2016 unemployment rates and total nonfarm 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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