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August Unemployment Drops in 11 of 12 Metro Areas

9/27/2012

For Immediate Release | Greg Rivara Phone: 312.814.0095 (pdf version)

Manufacturing Jobs up in 11 of 12 Metros; State Rate Drops Again

CHICAGO - The August local unemployment rate fell in 11 metro areas compared to last year, according to preliminary data released today by the U.S. Department of Labor and the Illinois Department of Employment Security (IDES). Not seasonally adjusted data compare August 2012 to August 2011. The largest declines: Rockford ( 2.1 points to 11.7 percent), Chicago-Joliet-Naperville (-1.7 points to 8.8 percent), Kankakee-Bradley (-1.0 point to 11.4 percent), and Peoria (-1.0 point to 8.0 percent). The state NSA rate has dropped every month this year.

Payrolls increased in seven metros, fell in three and were essentially unchanged in two. Largest increases: Peoria (+2.3 percent, +4,200), Rockford (+2.1 percent, +3,000) and Bloomington-Normal (+1.7 percent, +1,500). Chicago-Joliet-Naperville added jobs (+1.0 percent, +35,000 jobs). Sectors increasing in the most metros: Manufacturing (11 of 12) and Transportation, Warehousing and Utilities (nine of 12).

"This economic cycle is filled with small up-and-down movements in the monthly data, and August shows falling unemployment rates in nearly every corner of our state," IDES Director Jay Rowell said. "While the uneven movements shadow the progress that we have made, stronger economic growth will occur when consumer confidence improves."

Not seasonally adjusted data compares the current month to the same month of the previous year. The August 2012 not seasonally adjusted Illinois unemployment rate was 8.9 percent and 12.3 percent at its peak in this economic cycle in January 2010. Nationally, the unemployment rate was 8.2 percent in August 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 receiving benefits.

Not Seasonally Adjusted Unemployment Rates

Metropolitan Area August 2012* August 2011
Bloomington-Normal 7.3% 7.8%
Champaign-Urbana 8.8% 9.3%
Chicago-Joliet-Naperville 8.8% 10.5%
Danville 11.0% 11.1%
Davenport-Moline-Rock Isl. 7.2% 7.5%
Decatur 11.4% 11.2%
Kankakee-Bradley 11.4% 12.4%
Lake-Kenosha, IL-WI 8.8% 9.4%
Peoria 8.0% 9.0%
Rockford 11.7% 13.8%
Springfield 7.9% 8.0%
St. Louis (IL-Section) 9.4% 10.1%
* Data subject to revision.

Total Non-farm Jobs (Not Seasonally Adjusted) - August 2012

Metropolitan Area August 2012* August 2011** Over-the-Year
Change
Bloomington-Normal MSA 89,600 88,100 1,500
Champaign-Urbana MSA 98,600 98,400 200
Chicago-Joliet-Naperville Metro Div. 3,704,400 3,669,400 35,000
Danville MSA 28,400 29,000 -600
Davenport-Moline-Rock Island MSA 181,200 181,000 200
Decatur MSA 52,700 53,000 -300
Kankakee-Bradley MSA 42,600 42,500 100
Lake County-Kenosha County Metro Div. 382,300 380,700 1,600
Peoria MSA 186,100 181,900 4,200
Rockford MSA 148,400 145,400 3,000
Springfield MSA 114,200 114,200 0
Illinois Section of St. Louis MSA 231,400 234,700 -3,300
*Preliminary **Revised