Press Release - Thursday, August 23, 2018
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Unemployment Rate Falls in All Metros - Jobs Increase in Ten Metros
CHICAGO-Unemployment rates decreased over-the-year in July in all of Illinois's metropolitan areas, according to preliminary data released today by the U.S. Bureau of Labor Statistics (BLS) and the Illinois Department of Employment Security (IDES). Data also show nonfarm jobs increased in ten of the metropolitan areas.
"The number of employed people increased in all metro areas, which contributed to the decrease in the unemployment rate," said IDES Director Jeff Mays. "This has driven the unemployment rate down to near record lows across the state. In fact, the Chicago metro area had its lowest July unemployment rate on record."
Illinois businesses added jobs in ten metro areas, with the largest increases in: Kankakee (+5.9 percent, +2,700), Elgin (+2.0 percent, +5,100), and Champaign-Urbana (+1.5 percent, +1,600). Total nonfarm jobs in the Chicago-Naperville-Arlington Heights Metro Division increased (+1.2 percent or +46,500). Illinois businesses lost jobs in three metro areas: Carbondale-Marion (-0.7 percent, -400), Danville (-0.4 percent, -100), and Bloomington (-0.3 percent, -300).
The industry sectors recording job growth in the majority of metro areas included Leisure and Hospitality (12 of 14), Manufacturing (10 of 14), Transportation, Warehousing and Utilities (10 of 14), Professional and Business Services (10 of 14), and Education and Health Services (8 of 14).
Not seasonally adjusted data compares July 2018 with July 2017. The not seasonally adjusted Illinois rate was 4.3 percent in July 2018 and stood at 12.2 percent at its peak in this economic cycle in January 2010. Nationally, the not seasonally adjusted unemployment rate was 4.1 percent in July 2018 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 | July 2018 | July 2017 | Over-the-Year Change |
Bloomington | 4.2% | 4.3% | -0.1 |
Carbondale-Marion | 4.9% | 5.0% | -0.1 |
Champaign-Urbana | 4.5% | 4.6% | -0.1 |
Chicago-Naperville-Arlington Heights | 4.1% | 5.3% | -1.2 |
Danville | 5.9% | 6.8% | -0.9 |
Davenport-Moline-Rock Island, IA-IL | 3.7% | 4.2% | -0.5 |
Decatur | 5.6% | 5.7% | -0.1 |
Elgin | 4.4% | 4.6% | -0.2 |
Kankakee | 4.7% | 5.1% | -0.4 |
Lake-Kenosha, IL-WI | 4.0% | 4.2% | -0.2 |
Peoria | 4.9% | 5.5% | -0.6 |
Rockford | 5.0% | 5.6% | -0.6 |
Springfield | 4.0% | 4.3% | -0.3 |
St. Louis (IL-Section) | 4.6% | 4.9% | -0.3 |
Illinois Statewide | 4.3% | 5.1% | -0.8 |
* Data subject to revision. | |||
Total Nonfarm Jobs (Not Seasonally Adjusted) - July 2018
Metropolitan Area | July 2018* | July 2017** | Over-the-Year Change |
Bloomington MSA | 91,900 | 92,200 | -300 |
Carbondale-Marion MSA | 56,200 | 56,600 | -400 |
Champaign-Urbana MSA | 108,000 | 106,400 | 1,600 |
Chicago-Naperville-Arlington Heights Metro Division | 3,812,000 | 3,765,500 | 46,500 |
Danville MSA | 28,000 | 28,100 | -100 |
Davenport-Moline-Rock Island MSA | 186,700 | 186,100 | 600 |
Decatur MSA | 51,600 | 50,900 | 700 |
Elgin Metro Division | 263,100 | 258,000 | 5,100 |
Kankakee MSA | 48,700 | 46,000 | 2,700 |
Lake-County-Kenosha County Metro Division | 429,000 | 425,600 | 3,400 |
Peoria MSA | 172,000 | 171,500 | 500 |
Rockford MSA | 152,100 | 151,100 | 1,000 |
Springfield MSA | 113,100 | 113,100 | 0 |
Illinois Section of St. Louis MSA | 237,200 | 234,800 | 2,400 |
Illinois Statewide | 6,151,300 | 6,075,400 | 75,900 |
*Preliminary **Revised |
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Not Seasonally Adjusted Unemployment Rates (percent) for Local Counties and Areas
Labor Market Area | July 2018 | July 2017 | Over-the-Year Change |
Champaign-Urbana MSA | 4.5% | 4.6% | -0.1% |
Champaign County | 4.5% | 4.6% | -0.1% |
Ford County | 4.6% | 4.8% | -0.2% |
Piatt County | 4.1% | 3.9% | 0.2% |
Danville MSA | 5.9% | 6.8% | -0.9% |
Vermilion County | 5.9% | 6.8% | -0.9% |
Cities |
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Champaign City | 4.5% | 4.6% | -0.1% |
Urbana City | 4.8% | 5.2% | -0.4% |
Danville City | 7.4% | 8.4% | -1.0% |
Counties |
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Clark County | 4.8% | 4.8% | 0.0% |
Coles County | 5.2% | 5.2% | 0.0% |
DeWitt County | 4.4% | 4.4% | 0.0% |
Douglas County | 4.1% | 4.4% | -0.3% |
Edgar County | 4.5% | 5.0% | -0.5% |
Iroquois County | 3.6% | 4.0% | -0.4% |
McLean County | 4.2% | 4.3% | -0.1% |
Macon County | 5.6% | 5.7% | -0.1% |
Moultrie County | 3.7% | 3.9% | -0.2% |
Sangamon County | 4.1% | 4.3% | -0.2% |
Shelby County | 4.1% | 4.1% | 0.0% |
Other Areas |
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LWA 17 | 4.4% | 4.5% | -0.1% |
LWA 18 | 5.9% | 6.8% | -0.9% |
East Central EDR | 4.6% | 5.0% | -0.4% |
East Central Illinois Highlights
Help Wanted
Area employers advertised for 4,700 positions in July 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 membership and research association. Employers need more workers than the help wanted advertising indicates because some industries, such as Construction, typically do not post advertised job openings.
Champaign-Urbana MSA
The not seasonally adjusted unemployment rate decreased to 4.5 percent in July 2018 from 4.6 percent in July 2017.
Non-farm employment increased from its year-ago level by +1,600.
Employment gains over the year were posted in Government (+900), Education and Health Services (+700), Leisure and Hospitality (+500), Professional and Business Services (+100), Financial Activities (+100), Transportation, Warehousing, and Utilities (+100), and Durable Goods Manufacturing (+100).
Trade, Transportation, and Utilities (-400), Wholesale Trade
(-300), Retail Trade (-200), Mining and Construction (-200), Information (-100), and Non-Durable Manufacturing (-100) recorded payroll losses from July 2017.
Danville MSA
The not seasonally adjusted unemployment rate declined to 5.9 percent in July 2018 from 6.8 percent in July 2017.
Non-farm employment decreased from its year-ago level by
-100.
Job gains were reported in Professional and Business Services (+100), Education and Health Services (+100), and Leisure and Hospitality (+100) over the year.
Trade, Transportation, and Utilities (-100), Wholesale Trade
(-100), Information (-100), Financial Activities (-100), and Government (-100) recorded an employment loss since July 2017.
Note: Monthly 2017 unemployment rates and total nonfarm jobs for Illinois metro areas were revised in February and March 2018, as required by the U.S. 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.
LWA— Local Workforce Area 17 is composed of Champaign, Ford, Iroquois and Piatt Counties.
LWA— Local Workforce Area 18 is composed of Vermillion County.
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