News and Announcements - Article

Unemployment Rates Fall in All 12 Metro Areas

​11/21/2012

For Immediate Release | Greg Rivara, Phone: (312) 814-0095  PDF version​

Lowest October Rates Since 2008

CHICAGO - October local unemployment rates fell in every metro area compared to last year and were at their lowest levels for the month since 2008, according to preliminary data released today by the U.S. Department of Labor and the Illinois Department of Employment Security (IDES). Not seasonally adjusted data compares October 2012 to October 2011. The largest declines were in: Rockford (-1.8 points to 10.8 percent), Kankakee-Bradley (-1.5 points to 10.2 percent), Metro East (-1.5 points to 8.2 percent) and Chicago-Joliet-Naperville (-1.4 points to 8.4 percent).

Payrolls increased in eight metros and fell in four. The largest increases: Springfield (+1.6 percent, +1,800), Kankakee-Bradley (+1.4 percent, +600) and Peoria (+1.1 percent, +2,000). Chicago-Joliet-Naperville also added jobs (+0.7 percent, +24,200 jobs). Industry sectors increasing in the most metro areas were Manufacturing (10 of 12) and Leisure and Hospitality (nine of 12).

 "Falling unemployment rates across our state and the lowest October rates since 2008 show that that our steady economic progress continues," IDES Director Jay Rowell said. "We now look to Congress to address the fiscal cliff. If not resolved, our future economic progress will be in jeopardy."


Not seasonally adjusted data compares the current month to the same month of the previous year. The October 2012 not seasonally adjusted Illinois rate was 8.4 percent and 12.3 percent at its peak in this economic cycle in January 2010. Nationally, the unemployment rate was 7.5 percent in October 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.

Not Seasonally Adjusted Unemployment Rates

​Metropolitan Area  ​Oct. 2012* ​Oct. 2011
​Bloomington-Normal ​6.6% ​7.3%
​Champaign-Urbana ​7.6% ​8.5%
​Chicago-Joliet-Naperville ​8.4% ​9.8%
​Danville  ​9.9% ​10.9%
​Davenport-Moline-Rock Isl. ​6.9% ​7.6%
​Decatur ​10.1% ​10.3%
​Kankakee-Bradley ​10.2% ​11.7%
​Lake Kenosha, IL-WI ​7.8% ​8.9%
​Peoria  ​7.7% ​8.6%
​Rockford ​10.8% ​12.6%
​Springfield  ​7.1% ​7.9%
​St. Louis (IL Section) ​8.2% ​9.7%
​*Data subject to revision
 

Total Non-farm Jobs (Not Seasonally Adjusted) - October 2012

​Metrpolitan Area  ​October 2012* ​October 2011** ​Over the Year Change
​Bloomington-Normal MSA ​91,800 ​91,600 ​200
​Champaign-Urbana MSA ​106,600 ​105,800 ​800
​Chicago-Joliet-Naperville Metro Div. ​3,716,400 ​3,692,200 ​24,200
​Danville MSA ​28,600 ​29,400 ​-800
​Davenport-Moline-Rock Island MSA ​179,700 ​181,000 ​-1,300
​Decatur MSA ​53,500 ​53,900 ​-400
​Kankakee-Bradley MSA ​44,400 ​43,800 ​600
​Lake County Kenosha County Metro Div. ​384,600 ​380,900 ​3,700
​Peoria MSA ​186,500 ​184,500 ​2,000
​Rockford MSA ​149,000 ​148,400 ​600
​Springfield MSA ​113,900 ​112,100 ​1,800
​Illinois Section of St. Louis MSA ​233,600 ​234,900 ​-1,300
​*Preliminary  ​**Revised