News and Announcements - Article

Unemployment Falls in All Metros for Sixth Consecutive Month

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

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

CHICAGO – September unemployment rates fell in every metro area for the sixth consecutive month and most are at six or seven 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 fell in all 102 counties for the fourth consecutive month.

“More people say they are working and fewer people describe themselves as unemployed in every metro across our state. That’s great progress to build upon as we move forward,” IDES Director Jay Rowell said. “Private employers have added more than 300,000 new jobs since our economy began to improve in 2010. Better still, more job creation is on the horizon given that these same employers consistently post more than 200,000 help wanted ads each month.”

Illinois businesses added jobs in eight metros. Largest increases: Champaign-Urbana (+2.2 percent, +2,400), Springfield (+1.9 percent, +2,100), Danville (+1.4 percent, +400) and Kankakee-Bradley (+1.4 percent, +600). Chicago-Joliet-Naperville rose 1.1 percent or +40,100. Largest decreases: Bloomington-Normal (-0.8 percent, -700), Peoria (-0.6 percent, -1,100), Quad Cities (-0.5 percent, -900). Industry sectors recording job growth in the majority of metros were Leisure and Hospitality (8 of 12), Mining and Construction (7 of 12) and Wholesale Trade (7 of 12).

Not seasonally adjusted data compare the current month to the same month of the previous year. The September 2014 not seasonally adjusted Illinois rate was 6.2 percent and 12.2 percent at its peak in this economic cycle in January 2010. Nationally, the unemployment rate was 5.7 percent in September and 10.6 percent in January 2010 at its peak. The rate identifies those who are out of work and looking for work. Historically, the state unemployment rate is higher than the national rate.

Total Non-farm Jobs (Tables, Not Seasonally Adjusted) – September 2014​