Quantcast

Prairie State Wire

Tuesday, November 5, 2024

Illinois sees mixed job growth across metro areas

Webp 2v06jv8nxmha14f8d9o5qjezt58n

Jeffrey D. Mays | Director of Employment Security | IDES website

Jeffrey D. Mays | Director of Employment Security | IDES website

Over the past year, total nonfarm jobs increased in eight metropolitan areas, decreased in five, and remained unchanged in one for the year ending December 2023. This data was released by the U.S. Bureau of Labor Statistics (BLS) and the Illinois Department of Employment Security (DES). During this period, the unemployment rate rose in thirteen metropolitan areas and fell in one.

"We are pleased to see continued positive economic trends across Illinois," said Deputy Governor Andy Manar. "IDES remains committed to sustaining a viable workforce ecosystem in which jobseekers and employers remain engaged and connected."

The Danville Metropolitan Statistical Area (MSA) saw the largest percentage increase in total nonfarm jobs at 1.8%, adding 500 jobs. The Springfield MSA followed with a 1.7% increase, equating to 1,900 additional jobs. In contrast, the Chicago Metro area experienced an increase of 0.8%, adding 31,600 jobs.

On the other hand, Kankakee MSA experienced a decline of 1.6%, losing 700 jobs, while Decatur MSA saw a decrease of 1.4%, also losing 700 jobs. Peoria MSA reported no change in total nonfarm employment.

Industries contributing to job growth across most metro areas included Education and Health Services (in eleven areas), Leisure and Hospitality as well as Government (in ten areas each), Mining and Construction (in nine areas), and Other Services (in eight areas).

Regarding unemployment rates, Rockford MSA recorded the largest increase at +1.3 points reaching 5.9%. Decatur MSA's rate increased by +1.2 points to reach 5.7%, while Kankakee MSA also saw an increase of +1.2 points bringing it to 5.9%. Meanwhile, Chicago Metro's unemployment rate decreased by -0.3 point down to 3.9%.

MORE NEWS