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Unemployment Rate Continues Falling in All Metro Areas

Unemployment rates decreased over-the-year in May in all of Illinois’s metropolitan areas, 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 eleven of the metropolitan areas.

“For the third consecutive month, the unemployment rate is below the previous year levels in all metro areas,” said IDES Director Jeff Mays. “And, job growth was reported in 11 of the state’s 14 metro areas with many downstate metros now showing improvement.”

Illinois businesses added jobs in eleven metro areas, with the largest increases in: Kankakee (+3.9 percent, +1,800), the Quad Cities (+1.5 percent, +2,700), and Champaign-Urbana (+1.2 percent, +1,300). Total nonfarm jobs in the Chicago-Naperville-Arlington Heights Metro Division increased (+0.9 percent or +32,500). Illinois businesses lost jobs in three metro areas: Danville (-1.4 percent, -400), Carbondale-Marion (-1.2 percent, -700), and Springfield (-0.7 percent, -800).

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

Not seasonally adjusted data compares May 2018 with May 2017. The not seasonally adjusted Illinois rate was 3.5 percent in May 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 3.6 percent in May 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

May 2018

May 2017

Over-the-Year Change

Bloomington

3.3%

3.7%

-0.4

Carbondale-Marion

4.2%

4.3%

-0.1

Champaign-Urbana

3.6%

3.8%

-0.2

Chicago-Naperville-Arlington Heights

3.3%

4.5%

-1.2

Danville

5.1%

5.7%

-0.6

Davenport-Moline-Rock Island, IA-IL

3.5%

4.0%

-0.5

Decatur

4.5%

4.7%

-0.2

Elgin

3.8%

4.1%

-0.3

Kankakee

4.2%

4.6%

-0.4

Lake-Kenosha, IL-WI

3.4%

3.8%

-0.4

Peoria

4.2%

4.8%

-0.6

Rockford

4.4%

5.8%

-1.4

Springfield

3.4%

3.6%

-0.2

St. Louis (IL-Section)

3.8%

4.1%

-0.3

Illinois Statewide

3.5%

4.4%

-0.9

     * Data subject to revision.

Total Nonfarm Jobs (Not Seasonally Adjusted) – May 2018

Metropolitan Area

May

2018*

May

2017**

Over-the-Year Change

Bloomington MSA

95,000

94,500

500

Carbondale-Marion MSA

56,500

57,200

-700

Champaign-Urbana MSA

112,900

111,600

1,300

Chicago-Naperville-Arlington Heights Metro Division

3,786,800

3,754,300

32,500

Danville MSA

28,200

28,600

-400

Davenport-Moline-Rock Island MSA

188,000

185,300

2,700

Decatur MSA

51,800

51,300

500

Elgin Metro Division

262,400

260,900

1,500

Kankakee MSA

48,300

46,500

1,800

Lake-County-Kenosha County Metro Division

423,200

418,400

4,800

Peoria MSA

174,800

174,500

300

Rockford MSA

152,300

151,500

800

Springfield MSA

113,500

114,300

-800

Illinois Section of St. Louis MSA

243,200

241,500

1,700

Illinois Statewide

6,143,000

6,085,200

57,800

                *Preliminary    **Revised

 

 

 

Southern Illinois Highlights

Help Wanted

Area employers advertised for 2,400 positions in May and approximately 82 percent sought full-time employment, according to Help Wanted Online data compiled by the Conference Board, which is a global, independent business membership and research association.  Employers need more workers than the help wanted advertising indicated because some industries, such as Construction, typically do not post advertised job openings.

The not seasonally adjusted unemployment rate was 4.2 percent in May 2018 in the Carbondale-Marion Metropolitan Statistical Area (Jackson and Williamson Counties). This is a (-0.1%) decrease compared to May 2017, when the jobless rate was 4.3 percent. Unemployment decreased in 19 counties in the Southern Region and increased in two compared to one year-ago.

Area employers continued to show demand in Professional and Business Services, Educational and Health Services, Retail Trade, Manufacturing, and Other Services in May 2018.

Decreased hiring demand occurred in Government, Mining, Financial, Information, and Leisure & Hospitality. Wholesale Trade, Transportation, and Construction remained stable.

Top occupations for hire included Transportation occupations, Healthcare, Sales, and Office Support in May 2018. In Transportation the occupation with the most openings was truck drivers, and in Healthcare the occupation with the most openings was registered nurses.

The unemployment rate identifies those who are out of work and seeking employment. A person who exhausts benefits, or is ineligible, still will be reflected in the unemployment rate if they actively seek work.

Not Seasonally Adjusted Unemployment Rates
(percent) for Local Counties and Areas

Labor Market Area

May 2018

May 2017

Over-the-Year Change

Carbondale-Marion MSA

4.2%

4.3%

-0.1%

   Jackson County

3.8%

3.9%

-0.1%

   Williamson County

4.5%

4.6%

-0.1%

Other Area Counties

   Alexander County

6.8%

7.3%

-0.5%

   Franklin County

5.2%

5.8%

-0.6%

   Johnson County

6.7%

6.6%

 0.1%

   Massac County

6.0%

5.7%

 0.3%

   Perry County

5.1%

5.4%

-0.3%

   Pulaski County

7.0%

7.4%

-0.4%

   Randolph County

3.5%

3.9%

-0.4%

   Union County

5.5%

5.9%

-0.4%

Harrisburg Area

   Gallatin County

4.7%

5.3%

-0.6%

   Hamilton County

3.4%

4.2%

-0.8%

   Hardin County

6.8%

7.3%

-0.5%

   Pope County

5.1%

6.1%

-1.0%

   Saline County

5.7%

5.9%

-0.2%

   White County

3.5%

4.3%

-0.8%

Olney – Mt. Carmel Area

   Edwards County

3.2%

3.8%

-0.6%

   Lawrence County

4.5%

5.3%

-0.8%

   Richland County

3.7%

4.2%

-0.5%

   Wabash County

3.6%

4.5%

-0.9%

   Wayne County

4.5%

5.6%

-1.1%

 

Note: Monthly 2017 unemployment rates and total nonfarm jobs for Illinois metro areas were revised in February and March 2018, as required by the U.S. BLS.  Comments and tables distributed for prior metro area news releases should be discarded as any records or historical analysis previously cited may no longer be valid.