Jobs up in Eight Metro Areas

Unemployment rates increased over-the-year in February in ten of Illinois’s metropolitan areas. It decreased in two, and was unchanged 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 eight of the metropolitan areas. Illinois businesses added jobs in eight metro areas, with the largest percentage increases in: Peoria (+2.4%, +4,000), Carbondale-Marion (+2.1%, +1,200), Chicago-Naperville-Arlington Heights (+1.4%, +51,600), and Lake-Kenosha (+1.4%, +5,600). The metro areas showing an over-the-year decrease in total nonfarm jobs were Danville (-2.2%, -600), Bloomington (-1.4%, -1,300), St. Louis-IL Section (-0.4%, -1,000), and Champaign-Urbana (-0.4%, -400) The industry sectors recording job growth in the majority of metro areas included Manufacturing (10 of 14), Professional and Business Services (9 of 14), Mining and Construction (8 of 14), and Government (8 of 14). Not seasonally adjusted data compares February 2019 with February 2018. The not seasonally adjusted Illinois rate was 4.7 percent in February 2019 and stood at 12.2 percent at its peak in this economic cycle in January 2010. Nationally, the not seasonally adjusted unemployment rate was 4.1 percent in February 2019 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. Non-farm employment increased by +1,200 compared to last February. Employment gains were posted in Government (+600) and the Private Service Providing sector (+600) in Carbondale.

 

 

 

 

 

 

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