Illinois Job Index: MSA Report

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Illinois Job Index:
MSA Report
Release
data
Issue
Nov 29/2015
Jan 1990 / October 2015
15.11
Note: IDES revised their estimates for the number of jobs at the beginning of 2015.
www.real.illinois.edu
As a companion to the Sep 2014 Illinois Job Index that reports an positive rating, this MSA Report provides a localized picture on Illinois job growth
and allows for comparisons between local economies, Illinois, the Nation and the Rest of the Midwest.
Nov
2015
Total non-farm employment
October 2015
Number of
Jobs
Nation
Rest of Midwest (RMW)
Illinois
Illinois Metro
Illinois non-Metro (Rural)
Illinois Chicago (Upstate)
Illinois non-Chicago
142,654,000
20,015,200
5,927,200
5,192,900
734,300
4,041,700
1,885,500
Sep 2015 – Oct 2015
Growth
Rate
(%)
0.19
0.30
0.24
0.36
-0.63
0.44
-0.19
Number of
Jobs
271,000
59,400
14,100
18,800
-4,700
17,800
-3,700
Last 12 months
Growth
Rate
(%)
2.01
1.61
0.68
0.85
-0.48
1.14
-0.28
Number
of Jobs
2,814,000
317,800
40,300
43,900
-3,600
45,600
-53,300
The monthly Illinois Job Index and MSA Report are provided as tools for elected officials, policy leaders and the public. Understanding the
Illinois economy and business climate is enhanced by comparing and measuring Illinois employment growth rates against those of the Rest of the
Midwest (RMW: Indiana, Iowa, Michigan, Missouri, Ohio and Wisconsin) and the Nation. Data and analysis are provided by the Illinois
Economic Observatory / Regional Economics Applications Laboratory, University of Illinois. The MSA data (unless noted) were seasonally
adjusted to be consistent with state totals.
Talking Points



State,
Downstate
& Metro







MSA
page (2-4)



Illinois added 14,100 jobs in October 2015, compared with a 3,000 job loss in September 2015. Compared to
October 2014, Illinois has added 40,300 jobs. The three-month moving average, a more stable measure of labor
market, showed an increase of 2,000 jobs per month.
Illinois has a net loss of 60,700 jobs since the economic crisis developed in December 2007.
Since January 2010 when Illinois employment resumed after the national recession, Illinois has added 342,300 new
jobs.
Chicago-Downstate and Metro-Rural both had mixed performances.
Illinois Rural area shed 4,700 jobs at -0.63% this month, compared to a revised 10,400 job loss in September
2015. At the same time, Metro added 18,800 jobs at 0.36% in October, compared to a revised 7,400 job gain
in the previous month.
Chicago added 17,800 jobs at 0.44% in October 2015, compared to a revised 4,300 job gain last month.
Meanwhile, Downstate lost 3,700 jobs at -0.19%, compared to a revised 7,300 job gain last month.
In terms of the 12-month aggregated account, Metro registered a positive 0.85 % growth by adding 43,900 jobs
whereas Rural lost 3,600 jobs at -0.48%. Chicago added 45,600 jobs at 1.14% whereas Downstate lost 53,300
jobs at -0.28%.
Through October 2015, the cumulative job growth for Metro, Rural, Chicago and Downstate compared to
January 1990 stood at 12.70%, 11.18%, 13.19% and 11.06% respectively.
Illinois Metro added 18,800 jobs at 0.36% in October 2015. Seven out of ten MSAs posted positive growth.
Since the job recovery resumed in January 2010 in Illinois, Chicago Upstate has shown an average growth rate
of 11.29%, which is the highest among all the IL MSAs; Decatur has experienced the lowest average growth
rate, -2.77%.
In terms of growth performance, five MSAs posted net improvements from September to October, five
declined in terms of rank.
Davenport-Rock Island-Moline dropped to the last place in terms of monthly growth performance, while
Kankakee remained in the first place.
In the 12 months growth league table, Davenport-Rock Island-Moline remained in the last place while Chicago
climbed to the first place.
Illinois Jobs Index: MSA REPORT
release 11/29/2015
www.real.illinois.edu
page 1
Total non-farm Employment growth Jan 1990 – October 2015
155.00
145.00
US (1)
RMW (2)
IL (3)
IL_NonChicago (4)
Metro (5)
Rural (6)
135.00
125.00
115.00
105.00
95.00
85.00
1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015
Talking Points

State,
Downstate
& Metro
Illinois
RMW
Nation



While the average growth for Illinois between 1990 and 2008 was 0.04%, the average from December 2007 to
October 2015 was -0.01%. This is better than the performance during the 2000-2001 downturns which saw a
decline of -0.09%.
Since the economic crisis in December 2007, the average growth for Metro is 0.00% while for Rural it is 0.05%. The same rate for Chicago (Upstate) is 0.01% and for Downstate it is -0.05%.
Over the last 12-month period, the average growth rate for Metro was 0.07% and for Rural it was -0.03%.
Downstate registered a -0.10% average job loss in 2015 compared to an average gain of 0.04% in 2007, 0.11% decline in 2008, -0.35% decline in 2009, 0.13% growth in 2010, 0.01% growth in 2011, 0.11% growth
in 2012, -0.03% decline in 2013 and 0.08% job growth in 2014.
Average Growth Rates for Illinois, RMW and the Nation
2011(%)
2012(%)
2013(%)
2014(%)
0.08
0.12
0.07
0.09
0.13
0.12
0.12
0.12
0.13
0.14
0.14
0.19
2015(%)
0.03
0.12
0.15
By MSA
Market Area
Bloomington-Normal (B-N)
Champaign-Urbana (C-U-R)
Chicago
Davenport-Rock Island-Moline (D-R-M)
Decatur
Kankakee
Peoria
Rockford
Springfield
Metro-East
Illinois
Illinois Jobs Index: MSA REPORT
Oct 2015
Number of
Jobs
94,900
108,600
4,041,700
180,100
50,600
45,100
177,500
151,100
113,000
230,300
Sep 2015 – Oct 2015
Growth
compared
to Illinois
+
+
+
+
-
Last 12 months
Growth
Rate %
Number
Of Jobs
Growth
Rate %
-0.18
-0.14
0.44
-0.53
0.56
0.82
0.07
0.46
0.63
0.05
0.24
-200
-200
17,800
-1,000
300
400
100
700
700
100
14,100
0.76
1.00
1.14
-2.13
-0.39
-0.05
-1.00
-0.42
1.07
0.79
0.68
release 11/29/2015
www.real.illinois.edu
Number
of Jobs
700
1,100
45,600
-3,900
-200
-20
-1,800
-600
1,200
1,800
40,300
page 2
MSA League Tables*: Non-farm Employment Growth Rate
Monthly growth:
Rank
September 2015
October 2015
Rank
Change**
1
Kankakee(1.88%)
Kankakee(0.82%)
1
(+0)
2
Champaign-Urbana-Rantoul(0.31%)
Springfield (0.63%)
2
(+6)
3
Peoria(0.28%)
Decatur(0.56%)
3
(+6)
4
Metro-East(0.24%)
Rockford (0.46%)
4
(+6)
5
Bloomington-Normal(0.05%)
Chicago(0.44%)
5
(+1)
6
Chicago(-0.02%)
Peoria(0.07%)
6
(-3)
7
Davenport-Rock Island-Moline(-0.11%)
Metro-East(0.05%)
7
(-3)
8
Springfield (-0.17%)
Champaign-Urbana-Rantoul(-0.14%)
8
(-6)
9
Decatur(-0.27%)
Bloomington-Normal(-0.18%)
9
(-4)
10
Rockford (-0.36%)
Davenport-Rock Island-Moline(-0.53%)
10
(-3)
Growth over last 12-months:
Rank
September 2015
October 2015
Rank
Change**
1
Champaign-Urbana-Rantoul (1.73%)
Chicago (1.14%)
1
(+1)
2
Chicago (0.84%)
Springfield (1.07%)
2
(+3)
3
Bloomington-Normal (0.71%)
Champaign-Urbana-Rantoul (1%)
3
(-2)
4
Metro-East (0.62%)
Metro-East (0.79%)
4
(+0)
5
Springfield (0.06%)
Bloomington-Normal (0.76%)
5
(-2)
6
Rockford (-0.15%)
Kankakee (-0.05%)
6
(+1)
7
Kankakee (-0.7%)
Decatur (-0.39%)
7
(+1)
8
Decatur (-0.73%)
Rockford (-0.42%)
8
 (-2)
9
Peoria (-0.82%)
Peoria (-1%)
9
(+0)
10
Davenport-Rock Island-Moline (-2.25%)
Davenport-Rock Island-Moline (-2.13%)
10
(+0)
Talking Points


MSA League
Tables




Champaign-Urbana-Rantoul (2nd to 8th) experienced the deepest fall in October 2015.
Peoria (3rd to 6th), Metro-East (4th to 7th), Bloomington-Normal (5th to 9th) and Davenport-Rock IslandMoline (7th to 10th) also dropped in terms of rank from last month.
The most remarkable upward moves in October were recorded for Springfield (8th to 2nd), Decatur (9th to
3rd) and Rockford (10th to 4th).
In the 12-month growth league table, upward moves were recorded for Chicago (2nd to 1st), Springfield (5th
to 2nd), Decatur (8th to 7th) and Kankakee (7th to 6th).
Downward moves were recorded for Champaign-Urbana-Rantoul (1st to 3rd), Bloomington-Normal (3rd to
5th) and Rockford (6th to 8th).
In the 12 months growth league table, Davenport-Rock Island-Moline remained in the last place while
Chicago climbed to the first place.
*MSA League Tables are based on revised employment data. For instances of equal growth rate for multiple MSAs ranks are decided based on change of
growth rate from previous month.
**Changes indicate change in rank position compared to previous month and correspond to the MSA at the right column. Rise is indicated by a ‘’ and
decline by a ‘’ and for an unchanged position a ‘’ is used. Figures in parenthesis indicate relative rank change from previous month
Illinois Jobs Index: MSA REPORT
release 11/29/2015
www.real.illinois.edu
page 3
October 2015 MSA Employment by Sectors (000s) *
Market Area
Trade,
Construc- Manufac- transportat Information
turing
ion &
tion
(CON)
(MAN)
utilities
(INF)
(TTU)
Financial
activities
(FIN)
Profession
al &
Education Leisure &
Other
business & health hospitality Services
services
(EDU)
(LEI)
(OTH)
(PRO)
BloomingtonNormal
2.46
4.76
16.13
0.71
12.03
17.53
10.81
11.38
(2.6%)
(5%)
(17%)
(0.7%)
(12.7%) (18.5%) (11.4%)
(12%)
3.23
7.98
16.9
2.52
4.32
8.24
14.66
11.48
Champaign-Urbana
(3%)
(7.4%)
(15.6%)
(2.3%)
(4%)
(7.6%)
(13.5%) (10.6%)
134.63
334.99
812.07
74.71
267.49
752.36
624.67
386.04
Chicago
(3.3%)
(8.3%)
(20.1%)
(1.8%)
(6.6%)
(18.6%) (15.5%)
(9.6%)
8.88
23.13
39.72
2.32
7.89
21.77
25.32
18.31
Davenport-Rock
Island-Moline
(4.9%)
(12.8%) (22.1%)
(1.3%)
(4.4%)
(12.1%) (14.1%) (10.2%)
3.33
10.18
10.65
0.6
1.91
3.48
8.21
4.81
Decatur
(6.6%)
(20.1%)
(21%)
(1.2%)
(3.8%)
(6.9%)
(16.2%)
(9.5%)
1.17
5.83
10.53
0.39
1.88
3.86
8.53
4.22
Kankakee
(2.6%)
(12.9%) (23.3%)
(0.9%)
(4.2%)
(8.6%)
(18.9%)
(9.3%)
7.61
25.33
32.37
2.21
7.58
18.83
34.68
20.11
Peoria
(4.3%)
(14.3%) (18.2%)
(1.2%)
(4.3%)
(10.6%) (19.5%) (11.3%)
4.45
31.69
28.96
1.43
5.6
16.39
23.7
13.54
Rockford
(2.9%)
(21%)
(19.2%)
(0.9%)
(3.7%)
(10.8%) (15.7%)
(9%)
4.52
2.92
17.98
1.55
6.91
10.44
20.99
11.26
Springfield
(4%)
(2.6%)
(15.9%)
(1.4%)
(6.1%)
(9.2%)
(18.6%)
(10%)
211.61
569.3
1184.87
98.24
367.87
938.7
908.35
565.65
IL
(3.6%)
(9.6%)
(20%)
(1.7%)
(6.2%)
(15.8%) (15.3%)
(9.5%)
* The Illinois Department of Employment Security does not collect sector employment data for Metro-East
3.78
(4%)
3.38
(3.1%)
174.56
(4.3%)
7.35
(4.1%)
2.23
(4.4%)
1.7
(3.8%)
7.86
(4.4%)
8.72
(5.8%)
6.6
(5.8%)
254.06
(4.3%)
Government
(GOV)
15.44
(16.3%)
35.81
(33%)
478.68
(11.8%)
25.46
(14.1%)
5.38
(10.6%)
6.85
(15.2%)
21.09
(11.9%)
16.62
(11%)
29.77
(26.3%)
830.83
(14%)
Total non-farm Employment growth rate Jan 1990 – October 2015
160.00
150.00
IL(1)
Bloomington-Normal (2)
Champaign-Urbana-Rantoul (3)
Chicago (4)
Davenport-Rock Island-Moline (5)
Decatur (6)
Kankakee (7)
Peoria (8)
Rockford (9)
Springfield (10)
St.Louis (11)
140.00
130.00
120.00
110.00
100.00
90.00
1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015
MSA DESCRIPTION: Bloomington-Normal (B-N): McLean Co.Champaign-Urbana (C-U-R): Champaign Co.,
Ford Co. & Piatt Co. Chicago: Cook Co. IL, DeKalb Co. IL, DuPage Co. IL, Grundy Co. IL, Kane Co. IL, Kendall Co.
IL, Lake Co. IL, McHenry Co. IL, Will Co. IL & Kenosha Co. WI Davenport-Moline-Rock Island (D-R-M): Henry
Co. IL, Mercer Co. IL, Rock Island Co. IL & Scott Co. IA Decatur: Macon Co.Kankakee: Kankakee Co. Metro-East:
Bond Co., Calhoun Co., Clinton Co., Jersey Co., Macoupin Co., Madison Co., Monroe Co. & St. Clair Co. Peoria-Pekin
(Peoria): Marshall Co., Peoria Co., Stark Co., Tazewell Co. & Woodford Co.Rockford: Boone Co. & Winnebago Co.
Springfield: Menard Co. &SangamonCo.The MSA data (unless noted) were seasonally adjusted to be consistent with state
totals.
Illinois Jobs Index: MSA REPORT
release 11/29/2015
www.real.illinois.edu
page 4
Employment Forecast for MSAs
MSAs
BloomingtonNormal
ChampaignUrbana-Rantoul
October
2015*
October
2016 (p)*
94,900
Sector with
Highest
Growth Rate
(p)
Sector with
Lowest
Growth Rate
(p)
Number of
Jobs *
Growth Rate
%
Growth
95,200
300 ~ 400
0.27%~ 0.42%
+
GOV (3.69%)
INF (-14.49%)
108,600
109,000
400~500
0.39%~0.46%
+
EDU (2.39%)
CON (-2.11%)
Chicago
4,041,700
4,095,000
53,200~57,600
1.32%~1.42%
+
CON (4.00%)
MAN (-0.72%)
Davenport-Rock
Island-Moline
180,100
179,500
-600~ 400
-0.33%~ 0.24%
-
EDU (0.77%)
INF (-4.69%)
Decatur
50,600
49,900
-700~-500
-1.45%~-0.95%
-
PRO (-0.02%)
INF (-6.56%)
Kankakee
45,100
44,700
-400~-100
-0.94%~ -0.27%
-
INF (4.19%)
LEI (-2.61%)
Peoria
177,500
178,300
800~900
0.47%~ 0.48%
+
PRO (2.18%)
CON (-1.30%)
Rockford
151,100
150,000
-1,100~-700
-0.70%~-0.45%
-
EDU (1.63%)
CON (-7.79%)
Springfield
113,000
112,700
-300~-100
-0.27%~ -0.08%
-
FIN (1.91%)
INF (-4.81%)
*Total Non-Farm Jobs
Number of Jobs
(in thousands)
105000
Total Non-farm Employment Forecast
Bloomington (BN)
Number of Jobs
(in thousands)
120000
Total Non-farm Employment Forecast
Champaign-Urbana-Rantoul (CU)
100000
115000
95000
110000
90000
85000
105000
80000
100000
75000
95000
70000
90000
65000
60000
1990
1992
1994
1996
1998
2000
2002
2004
2006
2008
2010
2012
2014
85000
2016
Year
Number of Jobs
(in thousands)
4200000
1990
1992
1994
1996
Number of Jobs
(in thousands)
195000
Total Non-farm Employment Forecast
Chicago (CHI)
4100000
1998
2000
2002
2004
2006
2008
2010
2012
2014
2016
Year
Total Non-farm Employment Forecast
Davenport-Rock-Island-Moline (DRM)
190000
4000000
185000
3900000
180000
3800000
3700000
175000
3600000
170000
3500000
165000
3400000
160000
3300000
155000
3200000
150000
3100000
1990
1992
1994
1996
1998
2000
2002
2004
2006
2008
2010
2012
2014
1990
2016
1992
1994
1996
1998
2000
2002
2004
2006
2008
2010
2012
2014
Illinois Jobs Index: MSA REPORT
release 11/29/2015
2016
Year
Year
www.real.illinois.edu
page 5
Number of Jobs
(in thousands)
62000
Number of Jobs
(in thousands)
50000
Total Non-farm Employment Forecast
Decatur (DE)
Total Non-farm Employment Forecast
Kankakee (KA)
48000
60000
46000
58000
44000
56000
42000
54000
40000
52000
38000
50000
36000
48000
34000
46000
32000
44000
1990
1992
1994
1996
1998
2000
2002
2004
2006
2008
2010
2012
2014
30000
2016
1990
1992
1994
1996
1998
2000
2002
2004
2006
2008
2010
2012
2014
2016
Year
Year
Number of Jobs
(in thousands)
200000
Number of Jobs
(in thousands)
170000
Total Non-farm Employment Forecast
Peoria (PE)
Total Non-farm Employment Forecast
Rockford (RO)
165000
190000
160000
180000
155000
170000
150000
145000
160000
140000
150000
135000
140000
130000
130000
125000
120000
120000
1990
1992
1994
1996
1998
2000
2002
2004
2006
2008
2010
2012
2014
1990
2016
1992
1994
1996
1998
2000
2002
2004
2006
2008
2010
2012
2014
Number of Jobs
(in thousands)
120000
2016
Year
Year
Total Non-farm Employment Forecast
Springfield (SP)
118000
116000
114000
112000
110000
108000
106000
104000
102000
100000
98000
1990
1992
1994
1996
1998
2000
2002
2004
2006
2008
2010
2012
2014
2016
Year
Illinois Jobs Index: MSA REPORT
release 11/29/2015
www.real.illinois.edu
page 6
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