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January Shows Increase in Jobs, Unemployment

3/14/2013

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

CHICAGO - January local unemployment rates increased in seven of 12 metro areas, decreased in three, and were unchanged in two compared to last year, 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 January 2013 to January 2012. Largest increases were in: Decatur MSA (+2.9 points to 14.0 percent), the Danville MSA (+0.9 point to 11.8 percent), and the Peoria MSA (+0.9 point to 10.0 percent). The Chicago-Joliet-Naperville Metropolitan Division rate was +0.4 point to 9.9 percent.

Jobs were added in six metro areas, declined in four and were unchanged in two. The largest increases were in: Champaign-Urbana (+2.6 percent, +2,600), Rockford (+2.0 percent, +2,800) and Chicago-Joliet-Naperville (+1.6 percent, +56,700). Industry sectors increasing in the most metro areas were Educational and Health Services (10 of 12), Financial Activities (eight of 12), Transportation, Warehousing and Utilities (seven of 12), and Leisure and Hospitality (seven of 12).

"Increases in the unemployment rate and newly created jobs are expected each January. The new year encourages employers to hire and workers to re-energize their work search," IDES Director Jay Rowell said. "We now need to better understand how the federal budget reductions through sequestration will pressure the economy, especially consumer confidence and hiring efforts."

Not seasonally adjusted data compares the current month to the same month of the previous year. The January 2013 not seasonally adjusted Illinois rate was 10.1 percent and 12.2 percent at its peak in this economic cycle in January 2010. Nationally, the unemployment rate was 8.5 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.

Not Seasonally Adjusted Unemployment Rates

Metropolitan Area Jan. 2013* Jan. 2012
Bloomington-Normal 7.7% 7.9%
Champaign-Urbana 9.1% 9.0%
Chicago-Joliet-Naperville 9.9% 9.5%
Danville 11.8% 10.9%
Davenport-Moline-Rock Isl. 8.4% 8.5%
Decatur 14.0% 11.1%
Kankakee-Bradley 12.8% 12.8%
Lake-Kenosha, IL-WI 10.2% 10.1%
Peoria 10.0% 9.1%
Rockford 13.0% 13.2%
Springfield 8.8% 8.5%
St. Louis (IL-Section) 10.3% 10.3%
* Data subject to revision.

Total Non-farm Jobs (Not Seasonally Adjusted) - January 2013

Metropolitan Area January 2013* January 2012** Over-the-Year Change
Bloomington-Normal MSA 89,500 88,300 1,200
Champaign-Urbana MSA 104,400 101,800 2,600
Chicago-Joliet-Naperville Metro Div. 3,670,600 3,613,900 56,700
Danville MSA 29,100 29,200 -100
Davenport-Moline-Rock Island MSA 179,500 177,400 2,100
Decatur MSA 50,100 52,000 -1,900
Kankakee-Bradley MSA 43,000 43,000 0
Lake County-Kenosha County Metro Div. 375,000 375,000 0
Peoria MSA 180,700 179,900 800
Rockford MSA 145,500 142,700 2,800
Springfield MSA 109,100 110,200 -1,100
Illinois Section of St. Louis MSA 224,600 227,000 -2,400
*Preliminary **Revised

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