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Prairie State Wire

Sunday, December 22, 2024

ILLINOIS DEPARTMENT OF EMPLOYMENT SECURITY: Unemployment Rate Up Slightly in most Metros

Unemployment

Illinois Department of Employment Security issued the following announcement on Nov. 21.

Unemployment rates increased over-the-year in October in twelve of Illinois's metropolitan areas and decreased in two, 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 ten of the metropolitan areas.

"The unemployment rate increased over the year in most metro areas across the state," said IDES Director Jeff Mays. "The increases were mostly due to more people reentering the job market and not immediately securing a job."

Illinois businesses added jobs in ten metro areas, with the largest increases in: Kankakee (+5.7 percent, +2,700), the Quad Cities (+2.0 percent, + 3,700), and Lake (+1.8 percent, +7,400). Total nonfarm jobs in the Chicago-Naperville-Arlington Heights Metro Division increased (+0.8 percent or +29,400). Illinois businesses lost jobs in three metro areas: Carbondale-Marion (-0.7 percent, -400), Springfield (-0.4 percent, -400), and Peoria (-0.1 percent, -100). Bloomington was unchanged.

The industry sectors recording job growth in the majority of metro areas included Manufacturing (11 of 14), Professional and Business Services (11 of 14), Transportation, Warehousing and Utilities (9 of 14), Education and Health Services (9 of 14), Mining and Construction (8 of 14), and Wholesale Trade (8 of 14).

Not seasonally adjusted data compares October 2018 with October 2017. The not seasonally adjusted Illinois rate was 4.2 percent in October 2018 and stood at 12.2 percent at its peak in this economic cycle in January 2010. Nationally, the not seasonally adjusted unemployment rate was 3.5 percent in October 2018 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. 2018

Oct. 2017

Over-the-Year Change

Bloomington

4.1%

3.6%

0.5

Carbondale-Marion

4.6%

4.1%

0.5

Champaign-Urbana

4.3%

3.8%

0.5

Chicago-Naperville-Arlington Heights

3.9%

4.8%

-0.9

Danville

5.5%

5.6%

-0.1

Davenport-Moline-Rock Island, IA-IL

3.9%

3.8%

0.1

Decatur

5.3%

4.8%

0.5

Elgin

4.4%

3.9%

0.5

Kankakee

4.6%

4.4%

0.2

Lake-Kenosha, IL-WI

3.9%

3.6%

0.3

Peoria

4.8%

4.5%

0.3

Rockford

5.2%

4.7%

0.5

Springfield

4.1%

3.8%

0.3

St. Louis (IL-Section)

4.4%

4.1%

0.3

Illinois Statewide

4.2%

4.5%

-0.3

     * Data subject to revision.

Total Nonfarm Jobs (Not Seasonally Adjusted) - October 2018

Metropolitan Area

October

2018*

October

2017**

Over-the-Year Change

Bloomington MSA

95,500

95,500

0

Carbondale-Marion MSA

58,200

58,600

-400

Champaign-Urbana MSA

114,700

113,500

1,200

Chicago-Naperville-Arlington Heights Metro Division

3,818,400

3,789,000

29,400

Danville MSA

28,500

28,300

200

Davenport-Moline-Rock Island MSA

189,700

186,000

3,700

Decatur MSA

52,400

51,700

700

Elgin Metro Division

266,100

262,800

3,300

Kankakee MSA

50,200

47,500

2,700

Lake-County-Kenosha County Metro Division

428,500

421,100

7,400

Peoria MSA

173,300

173,400

-100

Rockford MSA

153,600

152,400

1,200

Springfield MSA

112,500

112,900

-400

Illinois Section of St. Louis MSA

244,000

242,200

1,800

Illinois Statewide

6,207,000

6,147,900

59,100

                *Preliminary    **Revised

 

 

Original source can be found here.

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