News and Announcements - Article

Unemployment Falls in Every Metro for Fourth Consecutive Month

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

All 102 Counties Record Over-the-Year Declines for Second Consecutive Month​

CHICAGO – July unemployment rates fell in every Illinois metro area for the fourth consecutive month and most are at six year lows, according to preliminary data released today by the U.S. Bureau of Labor Statistics (BLS) and the Illinois Department of Employment Security (IDES). Rates also fell in all 102 counties for the second consecutive month. Not seasonally adjusted data compares July 2014 with July 2013.

Illinois businesses added jobs in six metros. Largest increases: Champaign-Urbana (+2.0 percent, +2,000), Lake-Kenosha (+1.8 percent, +7,400), Chicago-Joliet-Naperville (+1.0 percent, +36,000) and Danville (+1.0 percent, +300). Largest decreases: Peoria (-1.6 percent, -2,800), Bloomington-Normal (-0.7 percent, -600), Kankakee-Bradley (-0.7 percent, -300) and Decatur (-0.6 percent, -300).

“Falling unemployment rates reflect a growing Illinois economy, although more still needs to be done,” IDES Director Jay Rowell said. “As companies do more with less, changes in federal job training strategies to ensure programs impart specific skills needed by local employers also will help with long- term economic growth.” 

Not seasonally adjusted data compares the current month to the same month of the previous year. The July 2014 not seasonally adjusted Illinois rate was 7.0 percent and 12.2 percent at its peak in this economic cycle in January 2010. Nationally, the unemployment rate was 6.5 percent in July 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

July
2014*

July
2013

Bloomington-Normal

6.5%

8.0%

Champaign-Urbana

7.2%

9.0%

Chicago-Joliet-Naperville

6.8%

9.6%

Danville

9.5%

12.0%

Davenport-Moline-Rock Isl.

6.6%

6.8%

Decatur

9.5%

13.0%

Kankakee-Bradley

8.7%

11.3%

Lake-Kenosha, IL-WI

6.8%

8.4%

Peoria

7.6%

9.6%

Rockford

9.4%

11.6%

Springfield

6.5%

8.1%

St. Louis (IL-Section)

6.9%

8.7%

* Data subject to revision.

 

 




























Total Non-farm Jobs (Not Seasonally Adjusted) – July 2014

Metropolitan Area​

July
2014*

July
2013**

Over-the-Year Change

Bloomington-Normal MSA

86,800

87,400

-600

Champaign-Urbana MSA

103,400

101,400

2,000

Chicago-Joliet-Naperville Metro Div.

3,822,800

3,786,800

36,000

Danville MSA

29,000

28,700

300

Davenport-Moline-Rock Island MSA

184,900

184,400

500

Decatur MSA

50,800

51,100

-300

Kankakee-Bradley MSA

43,000

43,400

-300

Lake County-Kenosha County Metro Div.

408,000

400,600

7,400

Peoria MSA

176,400

179,200

-2,800

Rockford MSA

148,100

147,700

400

Springfield MSA

110,600

110,700

-100

Illinois Section of St. Louis MSA

225,600

225,800

-200

 

                *Preliminary    **Revised