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Pace of Job Growth Moderates in Most Metro Areas - Unemployment rate drops second month in a row in all metro areas

Contact: Bob Gough 217-685-4454 Bob.Gough@illinois.gov​ | July2017_Metro.pdfPDF Version

8/24/17 - Unemployment rates decreased over-the-year in July in all of Illinois’ metropolitan areas and all but two counties, according to preliminary data released today by the U.S. Bureau of Labor Statistics (BLS) and the Illinois Department of Employment Security (IDES). Data also show nonfarm jobs increased in nine of the metropolitan areas, decreased in four and were unchanged in one.

“The rate of job growth has lessened in most metros that showed gains,” said IDES Director Jeff Mays. “While the gains in the Chicago area over the past year are promising, the drop in the unemployment rate is mostly due to the decline in the labor force.”

Illinois businesses added jobs in nine metro areas, with the largest increases in: Carbondale-Marion (+2.3 percent, +1,300), Springfield (+2.2 percent, +2,500), Bloomington (+2.1 percent, +1,900), and Lake (+2.1 percent, +8,800). Total nonfarm jobs in the Chicago- Naperville-Arlington Heights Metro Division increased  (+0.6 percent or +23,800). Illinois businesses lost jobs in four metro areas including: Danville (-1.4 percent, -400), Decatur (-0.8 percent, -400), and the Quad Cities (-0.5 percent, -900).

The industry sectors recording job growth in the majority of metro areas included Mining and Construction (nine of 14), Professional and Business Services (nine of 14), and Leisure and Hospitality (eight of 14).

Not seasonally adjusted data compares July 2017 with July 2016. The not seasonally adjusted Illinois rate was 4.9 percent in July 2017 and stood at 12.2 percent at its peak in this economic cycle in January 2010. Nationally, the not seasonally adjusted unemployment rate was 4.6 percent in July 2017 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 it is not tied to collecting unemployment insurance benefits.

Not Seasonally Adjusted Unemployment Rates

 

Metropolitan Area

 

July 2017

 

July 2016

Over-the- Year Change

Bloomington

4.5%

5.3%

-0.8

Carbondale-Marion

5.1%

5.9%

-0.8

Champaign-Urbana

4.8%

5.2%

-0.4

Chicago-Naperville-Arlington Heights

4.8%

6.0%

-1.2

Danville

7.1%

7.3%

-0.2

Davenport-Moline-Rock Island, IA-IL

4.4%

5.3%

-0.9

Decatur

5.9%

6.7%

-0.8

Elgin

4.7%

5.2%

-0.5

Kankakee

5.4%

6.2%

-0.8

Lake-Kenosha, IL-WI

4.3%

4.9%

-0.6

Peoria

5.5%

6.4%

-0.9

Rockford

5.8%

6.4%

-0.6

Springfield

4.4%

4.8%

-0.4

St. Louis (IL-Section)

5.0%

5.9%

-0.9

Illinois Statewide

4.9%

5.9%

-1.0

* Data subject to  revision.


Total Nonfarm Jobs (Not Seasonally Adjusted) – July 2017

​​​

Metropolitan Area                                                               July 2017*           July 2016**   Over the Year Change

Bloomington MSA

 

92,400

90,500

1,900

Carbondale-Marion MSA

 

58,200

56,900

1,300

Champaign-Urbana  MSA

 

105,200

105,000

200

Chicago-Naperville-Arlington Heights Metro Division

 

3,763,700

3,739,900

23,800

Danville MSA

 

27,800

28,200

-400

Davenport-Moline-Rock Island MSA

 

183,400

184,300

-900

Decatur MSA

 

50,900

51,300

-400

Elgin  Metro Division

 

254,600

255,000

-400

Kankakee MSA

 

44,500

43,700

800

Lake-County-Kenosha  County Metro Division

 

426,700

417,900

8,800

Peoria MSA

 

176,300

175,600

700

Rockford MSA

 

151,300

151,300

0

Springfield MSA

 

115,900

113,400

2,500

Illinois Section of St. Louis MSA

 

234,800

233,100

1,700

Illinois Statewide

 

6,067,700

6,028,300

39,400

 

 

*Preliminary

**Revised