August Unemployment Drops in 11 of 12 Metro Areas in Illinois

Manufacturing Jobs up in 11 of 12 Metros; State Rate Drops Again

CHICAGO–(ENEWSPF)–September 27, 2012.  The August local unemployment rate fell in 11 metro areas 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 compare August 2012 to August 2011. The largest declines: Rockford ( 2.1 points to 11.7 percent), Chicago-Joliet-Naperville (-1.7 points to 8.8 percent), Kankakee-Bradley (-1.0 point to 11.4 percent), and Peoria (-1.0 point to 8.0 percent). The state NSA rate has dropped every month this year.

Payrolls increased in seven metros, fell in three and were essentially unchanged in two. Largest increases: Peoria (+2.3 percent, +4,200), Rockford (+2.1 percent, +3,000) and Bloomington-Normal (+1.7 percent, +1,500). Chicago-Joliet-Naperville added jobs (+1.0 percent, +35,000 jobs). Sectors increasing in the most metros: Manufacturing (11 of 12) and Transportation, Warehousing and Utilities (nine of 12).

“This economic cycle is filled with small up-and-down movements in the monthly data, and August shows falling unemployment rates in nearly every corner of our state,” IDES Director Jay Rowell said. “While the uneven movements shadow the progress that we have made, stronger economic growth will occur when consumer confidence improves.”

Not seasonally adjusted data compares the current month to the same month of the previous year. The August 2012 not seasonally adjusted Illinois unemployment rate was 8.9 percent and 12.3 percent at its peak in this economic cycle in January 2010. Nationally, the unemployment rate was 8.2 percent in August 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 receiving benefits.

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Not Seasonally Adjusted Unemployment Rates

Metropolitan Area

August 2012*

August 2011

Bloomington-Normal

7.3%

7.8%

Champaign-Urbana

8.8%

9.3%

Chicago-Joliet-Naperville

8.8%

10.5%

Danville

11.0%

11.1%

Davenport-Moline-Rock Isl.

7.2%

7.5%

Decatur

11.4%

11.2%

Kankakee-Bradley

11.4%

12.4%

Lake-Kenosha, IL-WI

8.8%

9.4%

Peoria

8.0%

9.0%

Rockford

11.7%

13.8%

Springfield

7.9%

8.0%

St. Louis (IL-Section)

9.4%

10.1%

* Data subject to revision.

Total Non-farm Jobs (Not Seasonally Adjusted) – August 2012

Metropolitan Area

August 2012*

August 2011**

Over-the-Year
Change

Bloomington-Normal MSA

89,600

88,100

1,500

Champaign-Urbana MSA

98,600

98,400

200

Chicago-Joliet-Naperville Metro Div.

3,704,400

3,669,400

35,000

Danville MSA

28,400

29,000

-600

Davenport-Moline-Rock Island MSA

181,200

181,000

200

Decatur MSA

52,700

53,000

-300

Kankakee-Bradley MSA

42,600

42,500

100

Lake County-Kenosha County Metro Div.

382,300

380,700

1,600

Peoria MSA

186,100

181,900

4,200

Rockford MSA

148,400

145,400

3,000

Springfield MSA

114,200

114,200

0

Illinois Section of St. Louis MSA

231,400

234,700

-3,300

*Preliminary

**Revised

Source: illinois.gov