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Saturday, November 2, 2024

Unemployment Rates Down for the Eleventh Consecutive Month, Jobs Up in All Metro Areas

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SPRINGFIELD – The unemployment rate decreased over-the-year in all fourteen Illinois metropolitan areas in February for the eleventh consecutive month according to preliminary data released today by the U.S. Bureau of Labor Statistics (BLS) and the Illinois Department of Employment Security (IDES). Jobs were up in all fourteen metro areas.

“We are encouraged by Illinois’ sustained growth across the economy,” said Deputy Governor Andy Manar.  “Job seekers are finding new opportunities across the state, and Illinois is ready to support them with resources that will continue strengthening Illinois’ workforce.”

The metro areas which had the largest over-the-year percentage increases in total nonfarm jobs were the Bloomington MSA (+6.9%, +6,000), the Elgin Metropolitan Division (+6.3%, +14,700), and the Chicago-Naperville-Arlington Heights Metropolitan Division (+5.4%, +186,800). Industries that saw job growth in a majority of metro areas included: Leisure and Hospitality and Government (fourteen areas each); Mining and Construction (thirteen areas); Manufacturing (twelve areas); Wholesale Trade and Other Services (eleven areas each); Retail Trade, Professional and Business Services and Education and Health Services (nine areas each).

The metro areas with the largest unemployment rate decreases were the Chicago-Naperville-Arlington Heights Metropolitan Division (-2.6 points to 4.9%), the Rockford MSA   (-2.5 points to 7.9%) and the Davenport-Moline-Rock Island IA-IL MSA (-2.2 points to 4.6%). The unemployment rate decreased over-the-year in all 102 counties for the fourth straight month.

Not Seasonally Adjusted Unemployment Rates

Metropolitan Area

February 2022*

February 2021**

Over-the-Year Change

Bloomington

3.9%

5.6%

-1.7

Carbondale-Marion

4.7%

6.6%

-1.9

Champaign-Urbana 

3.8%

5.7%

-1.9

Chicago-Naperville-Arlington Heights

4.9%

7.5%

-2.6

Danville 

6.0%

7.7%

-1.7

Davenport-Moline-Rock Island, IA-IL

4.6%

6.8%

-2.2

Decatur 

7.1%

9.1%

-2.0

Elgin

5.6%

7.6%

-2.0

Kankakee

6.5%

8.1%

-1.6

Lake-Kenosha, IL-WI

4.9%

6.6%

-1.7

Peoria

5.6%

7.5%

-1.9

Rockford

7.9%

10.4%

-2.5

Springfield

4.8%

6.7%

-1.9

St. Louis (IL-Section)

4.4%

6.2%

-1.8

Illinois Statewide

5.0%

7.3%

-2.3

* Preliminary  I  ** Revised 

Total Nonfarm Jobs (Not Seasonally Adjusted) – February 2022

Metropolitan Area

February

February

Over-the-Year

 

2022*

2021**

Change

Bloomington MSA

92,400

86,400

6,000

Carbondale-Marion MSA

57,100

54,800

2,300

Champaign-Urbana MSA

116,000

112,300

3,700

Chicago-Naperville-Arlington Heights Metro Division

3,659,600

3,472,800

186,800

Danville MSA

25,700

25,200

500

Davenport-Moline-Rock Island MSA

178,800

171,500

7,300

Decatur MSA

47,700

46,100

1,600

Elgin Metro Division

249,500

234,800

14,700

Kankakee MSA

41,900

41,800

100

Lake-County-Kenosha County Metro Division

406,400

396,400

10,000

Peoria MSA

162,800

158,400

4,400

Rockford MSA

141,700

135,800

5,900

Springfield MSA

106,700

101,300

5,400

Illinois Section of St. Louis MSA

231,800

228,900

2,900

Illinois Statewide

5,885,500

5,626,400

259,100

*Preliminary | **Revised

Not Seasonally Adjusted Unemployment Rates

(percent) for Local Counties and Areas

Labor Market Area

Feb 2022

Feb 2021

Over the Year Change

Chicago-Naperville-Arlington Heights, IL Metro Division  

Cook County

5.3 %

8.1 %

-2.8 

DuPage County

3.2 %

5.4 %

-2.2 %

Grundy County

4.9 %

7.1 %

-2.2

Kendall County

3.6 %

5.9 %

-2.3

McHenry County

3.7 %

6.1 %

-2.4

Will County

4.6 %

7.1 %

-2.5

Elgin, IL Metro Division

DeKalb County

5.1 %

7.4 %

-2.3

Kane County

5.7 %

7.7 %

-2.0 %

Lake & Kenosha, IL-WI Metro Division

Lake County (IL)

5.2 %

6.8 %

-1.6  

Kankakee, IL MSA

Kankakee County

6.5 %

8.1 %

-1.6

Cities 

Aurora City

4.7 %

7.0 %

-2.3

Chicago City

5.4 %

8.6 %

-3.2 

Elgin City

8.7 %

10.0 %

-1.3  

Joliet City

6.2 %

9.1 %

-2.9

Kankakee City

9.7 %

12.2 %

-2.5 

Naperville City

2.3 %

4.5 %

-2.2

* Unemployment rates for cities with total population of 25,000 or more can be found at https://www2.illinois.gov/ides/lmi/Pages/Local_Area_Unemployment_Statistics.aspx

Chicago-Naperville-Arlington Heights, IL Metro Division

The not seasonally adjusted unemployment rate decreased to 4.9 percent in February 2022 from 7.5 percent in February 2021.  The last time the February rate was equal to or lower was in 2020 when it was 3.7 percent. 

Total nonfarm employment increased +186,800 compared to February 2021. The Leisure-Hospitality (+72,300), Professional-Business Services (+29,800), Transportation-Warehousing-Utilities (+20,400), Government  (+17,600),  and Educational-Health Services (+11,300) sectors had the largest payroll gains over the year.  No sectors had employment declines from a year ago.

Elgin, IL Metro Division

The not seasonally adjusted unemployment rate decreased to 5.6 percent in February 2022 from 7.6 percent in February 2021. The last time the February rate was equal to or lower was in 2020 when it was 4.1 percent. 

Total nonfarm employment increased +14,700 compared to February 2021.  The Leisure-Hospitality (+4,000), Professional-Business Services (+3,300), Government  (+1,700), Retail Trade  (+1,600), Manufacturing  (+1,300), and Educational-Health Services (+1,100) sectors had the largest payroll gains over the year.  No sectors had employment declines from a year ago.

Lake & Kenosha Counties, IL-WI Metro Division

The not seasonally adjusted unemployment rate decreased to 4.9 percent in February 2022 from 6.6 percent in February 2021. The last time the February rate was equal to or lower was in 2020 when it was 3.9 percent.   

Total nonfarm employment increased +10,000 compared to February 2021. The Professional-Business Services (-1,200) sector recorded employment declines compared to one year ago. Leisure-Hospitality (+4,900), Wholesale Trade  (+1,500), Government  (+1,400), Construction  (+900), and Manufacturing  (+800) sectors had the largest payroll gains over the year.

Kankakee, IL MSA

The not seasonally adjusted unemployment rate decreased to 6.5 percent in February 2022 from 8.1 percent in February 2021.  The last time the February rate was equal to or lower was in 2020 when it was 4.7 percent. 

Total nonfarm employment increased +100 compared to February 2021. The Professional-Business Services (-300), Educational-Health Services (-100), and Manufacturing  (-100) sectors recorded employment declines compared to one year ago.  The Leisure-Hospitality (+200), Construction (+100), Financial Activities  (+100), Wholesale Trade  (+100), and Government  (+100) sectors had the largest payroll gains over the year.

Note:  Monthly 2021 unemployment rates and total nonfarm jobs for Illinois metro areas were revised in February and March 2022, 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. The official monthly unemployment rate series for metro areas, counties and most cities begins in 1990. The official monthly nonfarm jobs series for metro areas begins in 1990 and for non-metropolitan counties it begins in 1999.

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Copyright © 2015 State of Illinois (www.illinois.gov)

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