Jobs Up, Unemployment Rates Down in All 14 Metro Areas
The unemployment rate decreased in all fourteen Illinois metropolitan areas in August according to preliminary data released today by the U.S. Bureau of Labor Statistics (BLS) and the Illinois Department of Employment Security (IDES). Jobs increased in all metros.
“Economic recovery, jobs growth, and consistent historically low unemployment claims data continues to signal a strong labor market throughout the state,” said Deputy Governor Andy Manar. “Whether you’re returning to the workforce or looking to switch career fields, the State of Illinois offers a suite of workforce development and job and training resources to those who are looking for it.”
The metro areas with the largest over-the-year percentage increases in total nonfarm jobs were the Rockford MSA (+5.2%, +7,200), the Chicago-Naperville-Arlington Heights MSA (+4.8%, +172,600), and the Davenport-Moline-Rock Island IA-IL MSA (+4.2%, +7,500). Industries that saw job growth in a majority of metro areas included: Mining and Construction and Leisure and Hospitality (fourteen areas each); Manufacturing (thirteen areas); Professional and Business Services and Education and Health Services (eleven areas each); Government (ten areas); Wholesale Trade, Retail Trade, Transportation, Warehousing and Utilities, and Other Services (nine areas each).
The metro areas with the largest unemployment rate decreases were the Chicago-Naperville-Arlington Heights Metropolitan Division (-1.6 points to 5.0%), the Carbondale-Marion MSA (-1.3 points to 4.5%), and the Davenport-Moline-Rock Island IA-IL MSA (-1.3 points to 3.8%). The unemployment rate decreased over-the-year in 97 counties, increased in 2, and was unchanged in 3.
Not Seasonally Adjusted Unemployment Rates
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Total Nonfarm Jobs (Not Seasonally Adjusted) – August 2022