Unemployment Rates Down, Jobs Up in Most Metro Areas, Unchanged in One Compared to July 2020

The number of nonfarm jobs increased over-the-year in thirteen of the fourteen Illinois metropolitan areas in July according to preliminary data released today by the U.S. Bureau of Labor Statistics (BLS) and the Illinois Department of Employment Security (IDES). The unemployment rate decreased over-the-year in all metro areas. The number of nonfarm jobs increased in thirteen Illinois metropolitan area and was unchanged in one; the Rockford MSA saw no change in total nonfarm jobs. The metro areas which had the largest over-the-year percentage increases in total nonfarm jobs were the Davenport-Moline-Rock Island IA-IL MSA (+4.4%, +7,500), the Chicago Metro Division (+4.3%, +148,800) and the Peoria MSA (+4.3%, +6,800). The industries that saw job growth in a majority of metro areas included: Leisure & Hospitality (fourteen areas); Transportation, Warehousing & Public Utilities, Other Services and Government (eleven areas each); Mining & Construction, Manufacturing, Wholesale Trade, Professional & Business Services and Educational &  Health Services (nine areas each).Over-the-year, the unemployment rate decreased in all 14 metropolitan areas; the metro areas with the largest unemployment rate decreases were the Rockford MSA (-7.3 points to 8.7%), the Elgin Metro Division (-6.6 points to 5.6%) and the Decatur MSA (-6.2 points to 7.5%). The Chicago-Naperville-Arlington Heights Metropolitan Division unemployment rate fell -5.3 points to 8.0%.

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