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September Unemployment Rates Drop in Every Metro Area

10/25/2012

For Immediate Release | Contact: Greg Rivara, Phone: (312) 814-0095 (pdf version)

Last Time Rates Were Lower was Pre-Crash in 2008

CHICAGO - September local unemployment rates fell in every metro area 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 compares September 2012 to September 2011. The largest declines were in: Rockford ( 2.6 points to 11.0 percent), Chicago-Joliet-Naperville (-2.1 points to 8.0 percent) and Kankakee-Bradley (-1.3 points to 10.5 percent). The state not seasonally adjusted rate has dropped every month this year.

Payrolls increased in seven metros and fell in five. The largest increases: Rockford (+1.5 percent, +2,200), Kankakee-Bradley (+1.4 percent, +600) and Springfield (+1.0 percent, +1,100). Chicago-Joliet-Naperville also added jobs (+0.9 percent, +34,600 jobs). Sectors increasing in the most metros were Manufacturing (11 of 12), Professional and Business Services (eight of 12) and Leisure and Hospitality (eight of 12).

"This month's report highlights that we have made steady progress in lowering the unemployment rate, but more needs to be done," IDES Director Jay Rowell said. "Hiring managers need to see consistent, long-term tax policy and spending priorities by the federal government before we will see stronger hiring increases."

Not seasonally adjusted data compares the current month to the same month of the previous year. The September 2012 not seasonally adjusted Illinois unemployment rate was 8.1 percent and 12.3 percent at its peak in this economic cycle in January 2010. Nationally, the unemployment rate was 7.6 percent in September 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 Sept. 2012* Sept. 2011
Bloomington-Normal 6.7% 7.4%
Champaign-Urbana 7.7% 8.6%
Chicago-Joliet-Naperville 8.0% 10.1%
Danville 10.0% 10.6%
Davenport-Moline-Rock Isl. 6.5% 7.3%
Decatur 10.2% 10.4%
Kankakee-Bradley 10.5% 11.8%
Lake-Kenosha, IL-WI 8.0% 8.9%
Peoria 7.5% 8.7%
Rockford 11.0% 13.6%
Springfield 7.3% 7.9%
St. Louis (IL-Section) 8.2% 9.4%
* Data subject to revision.

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

Metropolitan Area September 2012* September 2011** Over-the-Year Change
Bloomington-Normal MSA 90,900 90,600 300
Champaign-Urbana MSA 104,800 104,900 -100
Chicago-Joliet-Naperville Metro Div. 3,702,400 3,667,800 34,600
Danville MSA 28,500 29,100 -600
Davenport-Moline-Rock Island MSA 180,600 181,400 -800
Decatur MSA 53,100 53,800 -700
Kankakee-Bradley MSA 43,700 43,100 600
Lake County-Kenosha County Metro Div. 383,100 380,400 2,700
Peoria MSA 184,500 183,200 1,300
Rockford MSA 147,600 145,400 2,200
Springfield MSA 112,200 111,100 1,100
Illinois Section of St. Louis MSA 232,900 235,300 -2,400
*Preliminary **Revised