IllinoisJob Index: MSA Report

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IllinoisJob Index:
MSA Report
Release
data
Issue
Jan 29/2014
Jan 1990 / December 2013
16.14
Note: IDES revised their estimates for the number of jobs at the beginning of 2013.
www.real.illinois.edu
As a companion to the June 2011 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.
Jan
2014
Total non-farm employment
December
2013 Number
of Jobs
Nation
Rest of Midwest (RMW)
Illinois
Illinois Metro
Illinois non-Metro (Rural)
Illinois Chicago (Upstate)
Illinois non-Chicago
136,877,000
19,359,600
5,835,100
5,323,300
511,800
4,178,400
1,656,800
Nov 2013 – Dec 2013
Growth
Rate
(%)
0.05
-0.03
-0.05
0.03
-0.89
0.08
-0.40
Number
of Jobs
74,000
-4,900
-3,200
1,400
-4,600
3,500
-6,700
Last 12 months
Growth
Rate
(%)
1.62
1.22
1.08
1.16
0.27
1.64
-0.31
Number
of Jobs
2,186,000
232,400
62,200
60,800
1,400
67,300
-5,100
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 shed 3,200 jobs in December 2013, compared with a job gain of 10,700 in November 2013. Compared to
December 2012, Illinois has added 62,200 jobs. The three-month moving average of jobs, a more stable measure of the
labor market, was up by 8,200 jobs per month.
Illinois has lost 159,400 jobs since the economic crisis developed in December 2007.
Since January 2010 when Illinois employment resumed after the national recession, Illinois has added 247,400 new jobs.
The major geographic divisions, Chicago-Downstate had a negative performance while Metro-Rural had mixed
performances.
Illinois Rural area shed 4,600 jobs at -0.89% this month, compared to a revised 5,900 job gain in November. At
the same time, Metro gained 1,400 jobs at 0.03% this month, compared to a revised 4,800 job gain in the previous
month.
Chicago added 3,500 jobs at 0.08% in December 2013, compared to a revised 4,800 job gain last month.
Meanwhile, Downstate shed 6,700 jobs at -0.27%, compared to a revised 5,900 job gain in November.
In terms of the 12-month aggregated account, Metro registered a positive 1.16% growth by adding 60,800 jobs
whereas Rural gained 1,400 jobs at 0.27%. Chicago added 67,300 jobs at 1.64% whereas Downstate lost 5,100
jobs at -0.31%.
Through December 2013, the cumulative job growth for Metro, Rural, Chicago and Downstate compared to
January 1990 stood at 11.12%, 7.12%, 11.19% and 9.67% respectively.
Illinois Metro added 1,400 jobs at 0.03% in December of 2013. Three out of the ten MSAs posted positive
growth.
Since the job recovery resumed in Jan 2010 in Illinois, Chicago Upstate has shown an average growth rate of
10.73% which is the highest among all the IL MSAs; Champaign-Urbana-Rantoul has experienced the lowest
average growth rate, -8.8%.
In terms of growth performance, five MSAs posted a net improvement from November to December and five
declined in terms of rank.
Champaign-Urbana-Rantoul dropped to the last place in terms of monthly growth performance, while Decatur
climbed up to the first place.
Over the last 12-month period, Chicago reached the first place while Decatur remained at the last place.
Illinois Jobs Index: MSA REPORT
release 1/29/2014
www.real.illinois.edu
page 1
Total non-farm Employment growth Jan 1990 – Dec 2013
130.0
125.0
120.0
115.0
110.0
105.0
100.0
95.0
US (1)
RMW (2)
IL (3)
90.0
IL_NonChicago (4)
Metro (5)
Rural (6)
85.0
1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013
Talking Points


State,
Downstate
& Metro



While the average growth for Illinois between 1990 and 2008 was 0.04%, the average from December 2007 to
December 2013 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
0.01%. The same rate for Chicago (Upstate) is -0.03% and for Downstate is also -0.04%.
Over the last 12-month period, the average growth rate for Metro was 1.16% and for Rural it was 0.27 %.
In 2010, Illinois’s performance was better than the RMW and compared favorably to the nation. In 2011,
Illinois has performed as well as the RMW but not as well as the nation. In 2011, the average growth rate for
Illinois and the RMW was 0.05% while for the nation it was 0.12%. In 2012, the average growth rate for
Illinois was 0.10%, 0.09% for the RMW and for 0.14%. for the nation. In 2013, the average growth rate for
Illinois has been 0.09%, 0.10% for the RMW and 0.13% for the nation.
Downstate registered a -0.02% average job decline in 2013 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 and 0.11%
growth in 2012.
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
Dec 2013
Number of
Jobs
89,400
105,300
4,178,400
184,100
50,500
43,800
182,300
148,800
112,300
228,500
Nov 2013 – Dec 2013
Growth
compared
to Illinois
+
+
+
+
+
+
Last 12 months
Growth
Rate %
Number
Of Jobs
Growth
Rate %
Number
of Jobs
-0.56
-0.92
0.08
-0.04
0.27
-0.47
0.03
-0.17
-0.23
-0.03
-0.05
-500
-1,000
3,500
-100
100
-200
50
-250
-260
-100
-3,200
-1.50
-0.88
1.64
0.70
-2.03
-0.47
-0.67
-0.18
0.77
-1.53
1.08
-1,400
-1,000
67,300
1,300
-1,000
-300
-1,200
-300
1,000
-3,600
62,200
release 1/29/2014
www.real.illinois.edu
page 2
MSA League Tables*: Non-farm Employment Growth Rate
Monthly growth:
Rank
Nov 2013
Dec 2013
Rank
Change**
1
Kankakee(0.5%)
Decatur(0.27%)
1
(+2)
2
Springfield (0.39%)
Chicago(0.08%)
2
(+5)
3
Decatur (0.37%)
Peoria (0.03%)
3
(+5)
4
Rockford (0.25%)
Metro-East (-0.03%)
4
(+5)
5
Bloomington-Normal (0.18%)
Davenport-Rock Island-Moline (-0.04%)
5
(+5)
6
Champaign-Urbana-Rantoul (0.17%)
Rockford (-0.17%)
6
(-2)
7
Chicago (0.12%)
Springfield (-0.23%)
7
(-5)
8
Peoria (0.05%)
Kankakee (-0.47%)
8
(-7)
9
Metro-East(-0.17%)
Bloomington-Normal (-0.56%)
9
(-4)
10
Davenport-Rock Island-Moline (-0.7%)
Champaign-Urbana-Rantoul (-0.92%)
10
(-4)
Growth over last 12-months:
Rank
Nov 2013
Dec 2013
Rank
Change**
1
Chicago (1.38%)
Chicago (1.64%)
1
(+0)
2
Champaign-Urbana-Rantoul (1.01%)
Springfield (0.77%)
2
(+1)
3
Springfield (0.55%)
Davenport-Rock Island-Moline (0.7%)
3
(+2)
4
Kankakee (0.22%)
Rockford (-0.18%)
4
(+2)
5
Davenport-Rock Island-Moline (0.1%)
Kankakee (-0.47%)
5
 (-1)
6
Rockford (-0.31%)
Peoria (-0.67%)
6
(+3)
7
Bloomington-Normal (-1.02%)
Champaign-Urbana-Rantoul (-0.88%)
7
 (-5)
8
Metro-East (-1.46%)
Bloomington-Normal (-1.5%)
8
 (-1)
9
Peoria (-1.64%)
Metro-East (-1.53%)
9
 (-1)
10
Decatur (-3.24%)
Decatur (-2.03%)
10
(+0)
Talking Points



MSA League
Tables





Kankakee (1st to 8th) experienced the deepest fall this month.
Springfield (2nd to 7rd), Rockford (4th to 6th), Bloomington-Normal (5th to 9th) and Champaign-UrbanaRantoul (6th to 10th) also dropped in terms of rank from last month.
The most remarkable upward move in December was recorded for Peoria (8th to 3rd), Chicago (7th to 2nd),
Metro-East (9th to 4th) and Davenport-Rock Island-Moline (10th to 5th).
Decatur (3rd to 1st) also gained in terms of rank from last month.
In the 12 months growth league table, upward moves were recorded for Springfield (3rd to 2nd), DavenportRock Island-Moline (5th to 3rd), Rockford (6th to 4th) and Peoria (9th to 6th).
Downward moves were recorded for Kankakee (4th to 5th), Champaign-Urbana-Rantoul (2nd to 7th),
Bloomington-Normal (7th to 8th) and Metro-East (8th to 9th).
Chicago and Decatur remained in the same place.
In the 12 months growth league table, Decatur is in the last place and Chicago is 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 1/29/2014
www.real.illinois.edu
page 3
December 2013 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
2.33
4.26
13.47
0.81
12.67
17.63
10.61
10.24
(2.6%)
(4.8%)
(15.1%)
(0.9%)
(14.2%) (19.7%) (11.9%) (11.5%)
3.54
7.91
17.55
2.25
4.35
8.87
13.57
10.68
Champaign-Urbana
(3.4%)
(7.5%)
(16.7%)
(2.1%)
(4.1%)
(8.4%)
(12.9%) (10.1%)
124.63
376.69
842.56
80.79
280.44
751.39
629.98
396.44
Chicago
(3%)
(9%)
(20.2%)
(1.9%)
(6.7%)
(18%)
(15.1%)
(9.5%)
8.76
24.05
39.62
2.48
7.95
23.71
26.23
18.7
Davenport-Rock
Island-Moline
(4.8%)
(13.1%) (21.5%)
(1.3%)
(4.3%)
(12.9%) (14.3%) (10.2%)
3.48
9.27
10.58
0.7
1.88
3.38
8.44
4.77
Decatur
(6.9%)
(18.4%)
(21%)
(1.4%)
(3.7%)
(6.7%)
(16.7%)
(9.5%)
1.11
5.45
9.94
0.4
2.1
3.39
8.96
3.98
Kankakee
(2.5%)
(12.4%) (22.7%)
(0.9%)
(4.8%)
(7.8%)
(20.5%)
(9.1%)
7.47
27.47
34.69
2.49
7.37
21.46
34.89
17.43
Peoria
(4.1%)
(15.1%)
(19%)
(1.4%)
(4%)
(11.8%) (19.1%)
(9.6%)
3.51
32.5
27.88
1.61
5.29
15.99
24.48
13.24
Rockford
(2.4%)
(21.8%) (18.7%)
(1.1%)
(3.6%)
(10.7%) (16.4%)
(8.9%)
4.34
3
17.37
1.43
7.56
11.7
20.16
10.12
Springfield
(3.9%)
(2.7%)
(15.5%)
(1.3%)
(6.7%)
(10.4%)
(18%)
(9%)
181.95
575.82
1178.27
100.81
370.49
897.41
881.53
544.34
IL
(3.1%)
(9.9%)
(20.2%)
(1.7%)
(6.4%)
(15.4%) (15.1%)
(9.3%)
* The Illinois Department of Employment Security does not collect sector employment data for Metro-East
Government
(GOV)
3.5
(3.9%)
3.24
(3.1%)
181.32
(4.3%)
7.44
(4%)
2.22
(4.4%)
1.7
(3.9%)
8.26
(4.5%)
8.82
(5.9%)
6.7
(6%)
256.36
(4.4%)
14.02
(15.7%)
33.15
(31.5%)
514.5
(12.3%)
25.39
(13.8%)
5.7
(11.3%)
6.81
(15.6%)
20.98
(11.5%)
15.57
(10.5%)
29.98
(26.7%)
829.14
(14.2%)
Total non-farm Employment growth rate Jan 1990 – Dec 2013
150.0
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)
140.0
130.0
120.0
110.0
100.0
90.0
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
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 1/29/2014
www.real.illinois.edu
page 4
Employment Forecast for MSAs
MSAs
Dec 2013*
Dec 2014
(p)*
89,400
BloomingtonNormal
Champaign-UrbanaRantoul
Sector with
Highest
Growth
Rate
(p)
Sector with
Lowest
Growth Rate
(p)
INF (-10.42%)
Number of
Jobs *
Growth Rate
%
Growth
88,800
-600 ~ -550
-0.69%~ -0.62%
-
LEI (2.37%)
105,300
104,800
-500~200
-0.48%~-0.15%
-
PRO (1.64%)
CON (-3.15%)
Chicago
4,178,300
4,185,500
7,200~15,000
0.17%~0.36%
+
INF(1.80%)
FIN (-2.37%)
Davenport-Rock
Island-Moline
184,100
184,000
-100~500
-0.01%~ 0.24%
-
EDU (1.82%)
INF (-3.80%)
Decatur
50,500
50,400
-100~50
-0.08%~0.09%
-
PRO (4.90%)
MAN (-4.07%)
Kankakee
43,800
44,000
200~400
0.51%~ 0.99%
+
OTH (2.33%)
FIN (-0.95%)
Peoria
182,300
183,500
1,150~1,300
0.63 %~ 0.67%
+
PRO (5.37%)
FIN (-0.72%)
Rockford
148,800
149,300
500~700
0.35%~0.47%
+
PRO (2.44%)
CON (-13.09%)
Springfield
112,270
112,350
80~ 200
0.07%~ 0.15%
+
PRO (4.07%)
INF (-9.11%)
*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
1992
1994
1996
1998
2000
2002
2004
2006
2008
2010
2012
85000
2014
1990
Year
Number of Jobs
(in thousands)
4400000
Total Non-farm Employment Forecast
Champaign-Urbana-Rantoul (CU)
120000
1992
1994
Number of Jobs
(in thousands)
195000
Total Non-farm Employment Forecast
Chicago (CHI)
1996
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 1/29/2014
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)
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
30000
1990
1992
1994
1996
1998
2000
2002
2004
2006
2008
2010
2012
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 1/29/2014
www.real.illinois.edu
page 6
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