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Job Growth, Unemployment Increase in February

3/28/2013

For Immediate Release | Greg Rivara, Media: (312) 793-9635 -  (pdf) version

Job Seekers Kick-Start Work Search, Push Up Unemployment Rate

CHICAGO - In February, Illinois recorded job growth in five metropolitan statistical areas while declines occurred in seven, according to preliminary data released today by the U.S. Department of Labor and the Illinois Department of Employment Security (IDES).

February local unemployment rates increased in 10 of 12 metros and decreased in two. More people looking for work this February compared to last February contributed to the higher unemployment rates.

The not seasonally adjusted data compares February 2013 to February 2012.

The largest job increases: Rockford (+2.2 percent, +3,200), Quad Cities (+1.6 percent, +2,800), Champaign-Urbana (+1.5 percent, +1,600) and Chicago-Joliet-Naperville (+1.5 percent, +55,000). Sectors increasing in the most metros were Educational and Health Services (nine of 12), Financial Activities and Transportation, Warehousing and Utilities (both eight of 12) and Leisure and Hospitality (seven of 12).

Largest increases in unemployment: Decatur (+2.8 points to 13.7 percent), Danville (+1.5 point to 12.4 percent), and Peoria (+1.4 point to 10.4 percent). The Chicago-Joliet-Naperville Metropolitan Division rate was up +1.2 point to 10.3 percent.

Not seasonally adjusted data compares the current month to the same month of the previous year. The February 2013 not seasonally adjusted Illinois rate was 10.5 percent and 12.2 percent at its peak in this economic cycle in January 2010. Nationally, the unemployment rate was 8.1 percent in February 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 Feb. 2013* Feb. 2012
Bloomington-Normal 8.1% 7.5%
Champaign-Urbana 9.3% 8.6%
Chicago-Joliet-Naperville 10.3% 9.1%
Danville 12.4% 10.9%
Davenport-Moline-Rock Isl. 8.2% 8.3%
Decatur 13.7% 10.9%
Kankakee-Bradley 13.3% 12.9%
Lake-Kenosha, IL-WI 10.7% 10.1%
Peoria 10.4% 9.0%
Rockford 13.4% 13.0%
Springfield 9.2% 8.4%
St. Louis (IL-Section) 10.0% 10.5%
* Data subject to revision.

Total Non-farm Jobs (Not Seasonally Adjusted) - February 2013

Metropolitan Area February 2013* February 2012** Over-the-Year Change
Bloomington-Normal MSA 90,000 90,800 -800
Champaign-Urbana MSA 105,800 104,200 1,600
Chicago-Joliet-Naperville Metro Div. 3,674,200 3,619,200 55,000
Danville MSA 29,200 29,300 -100
Davenport-Moline-Rock Island MSA 181,100 178,300 2,800
Decatur MSA 50,000 52,300 -2,300
Kankakee-Bradley MSA 43,200 42,900 300
Lake County-Kenosha County Metro Div. 373,100 375,700 -2,600
Peoria MSA 180,500 180,900 -400
Rockford MSA 146,800 143,600 3,200
Springfield MSA 110,200 110,600 -400
Illinois Section of St. Louis MSA 226,900 228,700 -1,800
*Preliminary **Revised