News and Announcements - Unemployment Rates Continue Dropping in All...

News and Announcements : Unemployment Rates Continue Dropping in All Metro Areas

Unemployment Rates Continue Dropping in All Metro Areas

For Immediate Release | Media contact:  Anjali Julka, Phone: 312.793.9635​  (PDF version)

3/17/15 - ​January  was  the  eleventh  month  in  a  row  that unemployment rates fell in every metro area in the state compared to a year ago, according to preliminary data released today by the Illinois Department of Employment Security (IDES) and the U.S. Bureau of Labor Statistics (BLS). Rates also fell in all 102 counties for the sixth consecutive month and the seventh time out of the last eight months. Not seasonally adjusted data compares January 2015 with January 2014.

Illinois businesses added jobs  in eleven metros. Largest  increases: Danville  (+2.8  percent, +800),  Champaign-Urbana  (+2.0  percent, +2,100), Rockford (+1.7 percent, +2,400) and Chicago-Naperville- Arlington Heights Metro Division (+1.6 percent, +56,800). Decreases: Carbondale-Marion (-1.9 percent, -1,000), Decatur (-1.2 percent, -600) and Bloomington (-1.0 percent, -900). The industry sectors recording job growth in the majority of metros were Transportation, Warehousing and Utilities (10 of 14), Retail Trade (9 of 14), Leisure and Hospitality (9 of 14) and Education and Health Services (8 of 14). 

“Unemployment rates continue to decline across all metro areas and counties, primarily due to increased employment. Job growth is stronger among the larger urban areas such as Chicago and Rockford,” IDES Director Jeff Mays said. “Transportation, Warehousing and Public Utilities jobs increased in ten of the 14 metro areas in January.”

The January 2015 not seasonally adjusted Illinois rate was 6.9 percent and 12.2 percent at its peak in this economic cycle in January 2010. Nationally, the not seasonally adjusted unemployment rate was 6.1 percent in January 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.