Illinois Job Index:
MSA Report
Release
data
Issue
June 29/2014 Jan 1990 / May 2014
14.06
Note: IDES revised their estimates for the number of jobs at the beginning of 2014.
www.real.illinois.edu
As a companion to the June 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.
Total non-farm employment
June
2014
Nation
Rest of Midwest (RMW)
Illinois
Illinois Metro
Illinois non-Metro (Rural)
Illinois Chicago (Upstate)
Illinois non-Chicago
May 2014
Number of
Jobs
138,497,000
19,565,300
5,807,200
5,325,900
481,300
4,189,200
1,618,000
Apr 2014 – May 2014
Growth
Rate
(%)
0.17
0.15
0.01
0.12
-1.22
0.16
-0.39
Number
of Jobs
229,000
29,600
600
6,600
-6,000
6,900
-6,300
Last 12 months
Growth
Rate
(%)
1.77
1.21
0.39
0.44
-0.19
0.69
-0.39
Number
of Jobs
2,413,000
233,600
22,400
23,300
-900
28,700
-6,300
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 600 jobs in May 2014, compared with a job loss of 8,600 in April 2014. Compared to May 2013, Illinois
has added 22,400 jobs. The three-month moving average of jobs, a more stable measure of the labor market, was down
by 3,900 jobs per month.
Illinois has lost 180,700 jobs since the economic crisis developed in December 2007.
Since January 2010 when Illinois employment resumed after the national recession, Illinois has added 222,300 new jobs.
The major geographic divisions, Chicago-Downstate and Metro-Rural both had mixed performance.
Illinois Rural area shed 6,000 jobs at -1.22% this month, compared to a revised 7,000 job loss in April 2014. At
the same time, Metro added 6,600 jobs at 0.12% this month, compared to a revised 1,600 job loss in the previous
month.
Chicago gained 6,900 jobs at 0.16% in May 2014, compared to a revised 400 job loss last month. Meanwhile,
Downstate shed 6,300 jobs at -0.39%, compared to a revised 8,200 job loss in April 2014.
In terms of the 12-month aggregated account, Metro registered a positive 0.44 % growth by adding 23,300 jobs
whereas Rural shed 900 jobs at -0.19%. Chicago added 28,700 jobs at 0.69% whereas Downstate lost 6,300 jobs
at -0.39%.
Through May 2014, the cumulative job growth for Metro, Rural, Chicago and Downstate compared to January
1990 stood at 11.18%, 0.73%, 11.48% and 7.11% respectively.
Illinois Metro added 6,600 jobs at 0.12% in May of 2014. Five out of ten MSAs posted positive growth.
Since the job recovery resumed in Jan 2010 in Illinois, Chicago Upstate has shown an average growth rate of
10.19% which is the highest among all the IL MSAs; Champaign-Urbana-Rantoul has experienced the lowest
average growth rate, -6.63%.
In terms of growth performance, four MSAs posted a net improvement from April to May and five declined in
terms of rank.
Champaign-Urbana-Rantoul dropped to the last place in terms of monthly growth performance, while Rockford
climbed up to the first place.
Over the last 12-month period, Springfield remained in the first place while Bloomington-Normal remained in the
last place.
Illinois Jobs Index: MSA REPORT
release 6/29/2014
www.real.illinois.edu
page 1
Total non-farm Employment growth Jan 1990 – May 2014
130.00
125.00
120.00
115.00
110.00
105.00
100.00
95.00
US (1)
RMW (2)
IL (3)
90.00
IL_NonChicago (4)
Metro (5)
Rural (6)
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
Average Growth Rates for Illinois, RMW and the Nation
2010(%)
0.08
0.09
0.07
Illinois
RMW
Nation
2011(%)
0.08
0.13
0.13
2012(%)
0.12
0.12
0.14
2013(%)
0.07
0.12
0.14
2014(%)
-0.07
0.06
0.16
Talking Points

State,
Downstate
& Metro



While the average growth for Illinois between 1990 and 2008 was 0.04%, the average from December 2007 to
May 2014 was -0.04%. This is better than the performance during the 2000-2001 downturns which saw
declines of -0.09%.
Since the economic crisis in December 2007, the average growth for Metro is -0.04% while for Rural it is
-0.07%. The same rate for Chicago (Upstate) is -0.03% and for Downstate is -0.07%.
Over the last 12-month period, the average growth rate for Metro was 0.04% and for Rural it was -0.03%.
Downstate registered a -0.26% average job decline in 2014 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 and -0.03% decline in 2013.
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
May 2014
Number of
Jobs
87,600
105,800
4,189,200
182,700
51,000
43,800
177,900
147,700
111,200
228,700
Apr 2014 – May 2014
Growth
compared
to Illinois
+
+
+
+
+
-
Last 12 months
Growth
Rate %
Number
Of Jobs
Growth
Rate %
Number
of Jobs
0.12
-0.80
0.16
-0.06
-0.23
0.19
-0.18
0.57
0.15
-0.05
0.01
110
-900
6,900
-110
-120
80
-330
840
170
-100
600
-2.68
-0.20
0.69
-0.30
-1.55
1.17
-1.78
0.49
1.48
-0.47
0.39
-2,400
-220
28,700
-550
-800
510
-3,200
720
1,600
-1,100
22,400
release 6/29/2014
www.real.illinois.edu
page 2
MSA League Tables*: Non-farm Employment Growth Rate
Monthly growth:
Rank
Apr 2014
May 2014
Rank
Change**
1
Davenport-Rock Island-Moline(0.42%)
Rockford (0.57%)
1
(+7)
2
Springfield (0.39%)
Kankakee(0.19%)
2
(+4)
3
Chicago(-0.01%)
Chicago(0.16%)
3
(+0)
4
Champaign-Urbana-Rantoul(-0.13%)
Springfield (0.15%)
4
(-2)
5
Metro-East(-0.19%)
Bloomington-Normal(0.12%)
5
(+5)
6
Kankakee(-0.2%)
Metro-East(-0.04%)
6
(-1)
7
Decatur(-0.2%)
Davenport-Rock Island-Moline(-0.06%)
7
(-6)
8
Rockford (-0.24%)
Peoria(-0.18%)
8
(+1)
9
Peoria(-0.41%)
Decatur(-0.23%)
9
(-2)
10
Bloomington-Normal(-0.61%)
Champaign-Urbana-Rantoul(-0.8%)
10
(-6)
Growth over last 12-months:
Rank
Apr 2014
May 2014
Rank
Change**
1
Springfield (1.84%)
Springfield (1.48%)
1
(+0)
2
Champaign-Urbana-Rantoul (1.19%)
Kankakee (1.17%)
2
(+2)
3
Chicago (0.89%)
Chicago (0.69%)
3
(+0)
4
Kankakee (0.78%)
Rockford (0.49%)
4
(+2)
5
Davenport-Rock Island-Moline (0%)
Champaign-Urbana-Rantoul (-0.2%)
5
 (-3)
6
Rockford (-0.08%)
Davenport-Rock Island-Moline (-0.3%)
6
 (-1)
7
Metro-East (-0.67%)
Metro-East (-0.46%)
7
(+0)
8
Decatur (-1.13%)
Decatur (-1.55%)
8
(+0)
9
Peoria (-1.64%)
Peoria (-1.78%)
9
(+0)
10
Bloomington-Normal (-2.83%)
Bloomington-Normal (-2.68%)
10
(+0)
Talking Points


MSA League
Tables






Davenport-Rock Island-Moline (1st to 7th) and Champaign-Urbana-Rantoul (4th to 10th) experienced the
deepest fall this month.
Springfield (2nd to 4th), Metro-East (5st to 6th) and Decatur (7th to 9th) also dropped in terms of rank from
last month.
The most remarkable upward move in May was recorded for Rockford (8th to 1st).
Kankakee (6th to 2nd), Bloomington-Normal 10th to 5th), and Peoria (9th to 8th) also gained in terms of
rank from last month.
In the 12 months growth league table, upward moves were recorded for Kankakee (4th to 2nd) and Rockford
(6th to 4th).
Downward moves were recorded for Champaign-Urbana-Rantoul (2nd to 5th) and Davenport-Rock IslandMoline (5th to 6th).
Springfield, Chicago, Metro-East, Decatur, Peoria and Bloomington-Normal remained in the same place.
In the 12 months growth league table, Bloomington-Normal remained in the last place and Springfield
remained in 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 6/29/2014
www.real.illinois.edu
page 3
May 2014 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
2.26
4.3
13.09
0.69
12.31
16.65
10.18
10.86
(2.6%)
(4.9%)
(14.9%)
(0.8%)
(14.1%)
(19%)
(11.6%) (12.4%)
3.24
7.96
17.04
2.46
4.44
8.4
13.85
11.38
Champaign-Urbana
(3.1%)
(7.5%)
(16.1%)
(2.3%)
(4.2%)
(7.9%)
(13.1%) (10.8%)
133.99
368.84
841.88
76.86
277.03
756.83
639.19
396.61
Chicago
(3.2%)
(8.8%)
(20.1%)
(1.8%)
(6.6%)
(18.1%) (15.3%)
(9.5%)
0.78
4.78
7.17
0.2
1.51
1.79
2.72
2.31
Davenport-Rock
Island-Moline
(2.8%)
(16.7%) (25.1%)
(0.7%)
(5.3%)
(6.3%)
(9.5%)
(8.1%)
8.36
24.03
39.81
2.5
7.91
23.46
26.08
18.39
Decatur
(4.6%)
(13.1%) (21.8%)
(1.4%)
(4.3%)
(12.8%) (14.3%) (10.1%)
0.78
4.78
7.17
0.2
1.51
1.79
2.72
2.31
Kankakee
(2.8%)
(16.7%) (25.1%)
(0.7%)
(5.3%)
(6.3%)
(9.5%)
(8.1%)
8.36
24.03
39.81
2.5
7.91
23.46
26.08
18.39
Peoria
(4.6%)
(13.1%) (21.8%)
(1.4%)
(4.3%)
(12.8%) (14.3%) (10.1%)
3.47
9.95
10.75
0.6
1.89
3.16
8.25
5.23
Rockford
(6.8%)
(19.5%) (21.1%)
(1.2%)
(3.7%)
(6.2%)
(16.2%) (10.3%)
1.31
5.56
9.96
0.5
2.04
3.07
9.02
3.8
Springfield
(3%)
(12.7%) (22.7%)
(1.1%)
(4.6%)
(7%)
(20.6%)
(8.7%)
194.28
571.36
1164.15
96.42
367.27
893.81
884.59
547.86
IL
(3.3%)
(9.9%)
(20.1%)
(1.7%)
(6.3%)
(15.4%) (15.3%)
(9.4%)
* The Illinois Department of Employment Security does not collect sector employment data for Metro-East
Government
(GOV)
3.5
(4%)
3.38
(3.2%)
178.57
(4.3%)
1.19
(4.2%)
7.29
(4%)
1.19
(4.2%)
7.29
(4%)
2.29
(4.5%)
1.7
(3.9%)
252.06
(4.3%)
13.82
(15.8%)
33.58
(31.7%)
517.7
(12.4%)
6.04
(21.2%)
24.87
(13.6%)
6.04
(21.2%)
24.87
(13.6%)
5.49
(10.8%)
6.81
(15.5%)
832.47
(14.4%)
Total non-farm Employment growth rate Jan 1990 – May 2014
150.00
IL(1)
Bloomington-Normal (2)
Champaign-Urbana-Rantoul (3)
140.00
Chicago (4)
Davenport-Rock Island-Moline (5)
Decatur (6)
Kankakee (7)
Peoria (8)
130.00
Rockford (9)
Springfield (10)
St.Louis (11)
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
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 6/29/2014
www.real.illinois.edu
page 4
Employment Forecast for MSAs
MSAs
INF (-7.41%)
Number of
Jobs *
Growth Rate
%
Growth
85,800
-1,800 ~ -1,500
-2.10%~ -1.74%
-
LEI (-0.22%)
105,800
106,200
400~500
0.39%~ 0.50%
+
GOV (2.26%)
MAN (-5.09%)
May 2014*
May 2015
(p)*
87,600
BloomingtonNormal
Champaign-UrbanaRantoul
Sector with
Lowest
Growth Rate
(p)
Sector with
Highest
Growth
Rate
(p)
Chicago
4,189,200
4,226,600
37,300~42,800
0.89%~1.02%
+
EDU (2.66%)
MAN (-2.43%)
Davenport-Rock
Island-Moline
182,700
182,500
-300~ 600
-0.15%~ 0.46%
-
PRO (2.34%)
INF (-4.59%)
Decatur
51,000
50,500
-500~-50
-1.04%~-0.09%
-
PRO (3.36%)
INF (-5.32%)
Kankakee
43,800
44,000
200~300
0.35%~ 0.62%
+
EDU (2.18%)
CON (-2.19%)
Peoria
177,900
177,600
-300~900
-0.19 %~ 0.48%
-
TTU (1.65%)
INF (-3.23%)
Rockford
147,700
148,000
300~700
0.20%~0.45%
+
PRO (2.56%)
INF (-9.13%)
Springfield
111,200
111,300
100~300
0.10%~ 0.27%
+
PRO (6.23%)
INF (-12.26%)
*Total Non-Farm Jobs
Number of Jobs
(in thousands)
95000
Total Non-farm Employment Forecast
Bloomington (BN)
Number of Jobs
(in thousands)
90000
115000
85000
110000
80000
105000
75000
100000
70000
95000
65000
90000
60000
1990
Total Non-farm Employment Forecast
Champaign-Urbana-Rantoul (CU)
120000
1992
1994
1996
1998
2000
2002
2004
2006
2008
2010
2012
85000
2014
1990
Year
Number of Jobs
(in thousands)
4400000
1992
1994
1996
Number of Jobs
(in thousands)
195000
Total Non-farm Employment Forecast
Chicago (CHI)
1998
2000
2002
2004
2006
2008
2010
2012
2014
2010
2012
2014
Year
Total Non-farm Employment Forecast
Davenport-Rock-Island-Moline (DRM)
190000
4200000
185000
4000000
180000
175000
3800000
170000
3600000
165000
160000
3400000
155000
3200000
150000
1990
1992
1994
1996
1998
2000
2002
2004
2006
2008
2010
2012
2014
1990
1992
1994
1996
1998
Year
Illinois Jobs Index: MSA REPORT
2000
2002
2004
2006
2008
Year
release 6/29/2014
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)
60000
48000
58000
46000
Total Non-farm Employment Forecast
Kankakee (KA)
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
30000
2014
1990
1992
1994
1996
1998
2000
2002
2004
2006
2008
2010
2012
2014
Year
Number of Jobs
(in thousands)
200000
Year
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
160000
145000
140000
150000
135000
140000
130000
130000
125000
120000
120000
1990
1992
1994
1996
1998
2000
2002
2004
2006
2008
2010
2012
2014
1990
1992
1994
1996
1998
Year
Number of Jobs
(in thousands)
120000
2000
2002
2004
2006
2008
2010
2012
2014
Year
Total Non-farm Employment Forecast
Springfield (SP)
118000
116000
114000
112000
110000
108000
106000
104000
102000
100000
1990
1992
1994
1996
1998
2000
2002
2004
2006
2008
2010
2012
2014
Year
Illinois Jobs Index: MSA REPORT
release 6/29/2014
www.real.illinois.edu
page 6