News and Announcements - Article

January Unemployment Falls in 11 of 12 Metro Areas

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

Chicago, Lake, Champaign, Kankakee Lead Job Growth​

CHICAGO - January unemployment rates fell in 11 of 12 metropolitan areas in Illinois, according to preliminary data released today by the U.S. Bureau of Labor Statistics (BLS) and the Illinois Department of Employment Security (IDES). Not seasonally adjusted data compares January 2014 to January 2013.

Illinois businesses added jobs in five metros. Largest increases: Lake-Kenosha (+3.1 percent, +11,700), Champaign-Urbana (+1.3 percent, +1,400), Kankakee-Bradley (+1.2 percent, +500) and Chicago-Joliet-Naperville (+1.1 percent, +42,000). Largest decreases: Bloomington-Normal (-2.7 percent, -2,400) and Peoria (-1.9 percent, -3,400). Much of these decreases continue to reflect a temporary slowdown in global manufacturing demand. Industry sectors recording job growth in the most metros: Leisure and Hospitality (10 of 12), Retail Trade (seven of 12) and Transportation, Warehousing and Utilities (seven of 12).

Not seasonally adjusted data compares the current month to the same month of the previous year. The January 2014 not seasonally adjusted Illinois rate was 9.1 percent and 12.2 percent at its peak in this economic cycle in January 2010. Nationally, the unemployment rate was 7.0 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. Historically, the state unemployment rate is higher than the national rate.

Not Seasonally Adjusted Unemployment Rates

Metropolitan Area Jan. 2014*​ Jan. 2013​​
Bloomington-Normal
 


7.7% 7.8%

Champaign-Urbana 8.5% 9.1%

Chicago-Joliet-Naperville 8.6% 10.0%

Danville 12.5% 11.9%

Davenport-Moline-Rock Isl. 8.0% 8.2%

Decatur 12.9% 13.9%

Kankakee-Bradley 11.9% 12.9%

Lake-Kenosha, IL-WI 9.2% 10.1%

Peoria 9.8% 10.1%

Rockford 12.9% 13.0%

Springfield 8.2% 8.8%

St. Louis (IL-Section) 9.1% 10.0%

* Data subject to revision.

Total Non-farm Jobs (Not Seasonally Adjusted) - January 2014

Metropolitan Area January

2014* January

2013** Over-the-

Year Change

Bloomington-Normal MSA 86,700 89,100 -2,400

Champaign-Urbana MSA 105,200 103,800 1,400

Chicago-Joliet-Naperville Metro Div. 3,711,500 3,669,500 42,000

Danville MSA 28,300 28,500 -200

Davenport-Moline-Rock Island MSA 178,200 179,900 -1,700

Decatur MSA 50,400 50,700 -300

Kankakee-Bradley MSA 43,400 42,900 500

Lake County-Kenosha County Metro Div. 390,600 378,900 11,700

Peoria MSA 174,800 178,200 -3,400

Rockford MSA 144,100 144,800 -700

Springfield MSA 108,900 108,800 100

Illinois Section of St. Louis MSA 224,600 225,700 -1,100

*Preliminary **Revised