IllinoisJob Index: MSA Report

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IllinoisJob Index:
MSA Report
Release
data
Issue
Jul 1/2013
Jan 1990 / May 2013
16.07
Note: IDES revised their estimates for the number of jobs at the beginning of 2012.
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.
Total non-farm employment
Jun
2013
Nation
Rest of Midwest (RMW)
Illinois
Illinois Metro
Illinois non-Metro (Rural)
Illinois Chicago (Upstate)
Illinois non-Chicago
May 2013
Number of
Jobs
135,637,000
19,235,500
5,781,200
5,289,500
491,700
4,143,900
1,637,300
Apr 2013 – May 2013
Growth
Rate
(%)
0.13
0.41
0.10
0.21
-1.15
0.26
-0.31
Number
of Jobs
175,000
78,000
5,600
11,300
-5,700
10,700
-5,100
Last 12 months
Growth
Rate
(%)
1.58
0.92
0.86
1.08
-1.47
1.55
-0.85
Number
of Jobs
2,115,000
176,100
49,100
56,400
-7,300
63,100
-14,000
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 5,600 jobs in May 2013, compared with a revised 1,900 job loss in Apr 2013. Compared to May
2012, Illinois has added 49,100 jobs. The three-month moving average of jobs, a more stable measure of labor
market, was down by 4,300 jobs per month.
Illinois has lost 206,700 jobs since the economic crisis developed in December 2007.
Since January 2010 when Illinois employment resumed after the national recession, Illinois has added 197,000 new jobs.
The major geographic divisions, Chicago-Downstate and Metro-Rural both had mixed performance.
Illinois Rural area shed 5,700 jobs at -1.15% this month, compared to a revised 900 job gains in Apr. At the same
time, Metro added 11,300 jobs at 0.21% this month, compared to a revised 2,800 job loss in the previous month.
Chicago added 10,700 jobs at 0.26% in May 2013, compared to a revised 300 job gains last month. Meanwhile,
Downstate shed 5,100 jobs at -0.31%, compared to a revised 2,200 job loss in Apr.
In terms of the 12-month aggregated account, Metro registered a positive 1.08% growth by adding 56,400 jobs
whereas Rural shed 7,300 jobs at -1.47%. Chicago added 63,100 jobs at 1.55% whereas Downstate shed 14,000
jobs at -0.85%.
Through May 2013, the cumulative job growth for Metro, Rural, Chicago and Downstate compared to January
1990 stood at 10.42%, 2.92%, 10.28% and 8.39% respectively.
Illinois Metro added 11,300 jobs at 0.21% in May of 2013. Five out of the ten MSAs posted positive growth.
Since the job recovery resumes in Jan 2010 in the IL state, MSA Peoria has shown an average growth rate of
11.06% which is the highest among all the IL MSAs; Champaign-Urbana-Rantoul has experienced the lowest
average growth rate -10.28%.
In terms of growth performance, four MSAs posted a net improvement from Apr to May, four declined in terms
of rank.
Rockford remained in the last place in terms of monthly growth performance, while Bloomington-Normal
climbed up to the first place.
Over the last 12-month period, Chicago reached the first place while Decatur remained in the last place.
Illinois Jobs Index: MSA REPORT
release 07/01/2013
www.real.illinois.edu
page 1
Total non-farm Employment growth Jan 1990 – May 2013
130.0
125.0
120.0
115.0
110.0
105.0
100.0
95.0
90.0
US (1)
RMW (2)
IL (3)
IL_NonChicago (4)
Metro (5)
Rural (6)
85.0
199019911992199319941995199619971998199920002001200220032004200520062007200820092010201120122013
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 2013 is -0.05%. 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 -0.05% while for Rural it is
-0.05%. The same rate for Upstate it is -0.05% while for Downstate is -0.05%.
Over the last 12-month period, the average growth rate for Metro was 0.09% and for Rural it was -0.1%.
In 2010, Illinois’s performance was better than the RMW and compared favorably to the nation. In 2011,
Illinois has performed as good as the RMW but worse than the nation. In 2011, the average growth rate for
Illinois and the RMW is 0.05% while for the nation is 0.12%. In 2012, the average growth rate for Illinois is
0.10%, for the RMW is 0.09% while for the nation is 0.14%. In 2013, the average growth rate for Illinois is
0.03%, for the RMW is -0.08% while for the nation is 0.14%.
Downstate registered a -0.29% average job decline in 2013 compared to an average gain of 0.04% growth 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
May 2013
Number of
Jobs
90,600
105,400
4,143,900
183,400
50,500
44,100
181,900
148,100
111,800
229,800
Apr 2013 – May 2013
Growth
compared
to Illinois
+
+
+
+
+
-
Growth
Rate %
1.21
-0.10
0.26
0.54
-0.11
0.15
-0.20
-0.30
0.10
-0.30
0.10
release 07/01/2013
Number
Of Jobs
1,100
-100
10,700
1,000
-50
70
-400
-500
100
-700
5,600
Last 12 months
Growth
Rate %
Number
of Jobs
-0.87
1.19
1.55
0.16
-4.70
0.73
-1.86
0.96
-0.35
-1.19
0.86
-800
1,200
63,100
300
-2,500
300
-3,500
1,400
-400
-2,800
49,100
www.real.illinois.edu
page 2
MSA League Tables*: Non-farm Employment Growth Rate
Monthly growth:
Rank
Apr 2013
May 2013
Rank
Change**
1
Metro-East (0.27%)
Bloomington-Normal (1.21%)
1
(+1)
2
Bloomington-Normal (0.11%)
Davenport-Rock Island-Moline (0.54%)
2
 (+7)
3
Chicago (0.01%)
Chicago (0.26%)
3
 (+0)
4
Champaign-Urbana-Rantoul (-0.19%)
Kankakee (0.15%)
4
 (+6)
5
Decatur (-0.22%)
Springfield (0.1%)
5
(+1)
6
Springfield (-0.26%)
Champaign-Urbana-Rantoul (-0.1%)
6
 (-2)
7
Rockford (-0.39%)
Decatur (-0.11%)
7
 (-2)
8
Peoria (-0.57%)
Peoria (-0.2%)
8
 (+0)
9
Davenport-Rock Island-Moline (-0.69%)
Metro-East (-0.3%)
9
 (-8)
10
Kankakee (-0.76%)
Rockford (-0.3%)
10
 (-3)
Growth over last 12-months:
Rank
Apr 2013
May 2013
Rank
Change**
1
Champaign-Urbana-Rantoul (1.16%)
Chicago (1.55%)
1
 (+1)
2
Chicago (1.15%)
Champaign-Urbana-Rantoul (1.19%)
2
 (-1)
3
Rockford (1.13%)
Rockford (0.96%)
3
 (+0)
4
Kankakee (0.95%)
Kankakee (0.73%)
4
 (+0)
5
Davenport-Rock Island-Moline (-0.33%)
Davenport-Rock Island-Moline (0.16%)
5
 (+0)
6
Springfield (-0.68%)
Springfield (-0.35%)
6
 (+0)
7
Metro-East (-1.05%)
Bloomington-Normal (-0.87%)
7
 (+2)
8
Peoria (-1.37%)
Metro-East (-1.19%)
8
 (-1)
9
Bloomington-Normal (-1.83%)
Peoria (-1.86%)
9
 (-1)
10
Decatur (-5.24%)
Decatur (-4.7%)
10
 (+0)
Talking Points


MSA League
Tables






Metro-East (1st to 9th) experienced the deepest fall this month.
Champaign-Urbana-Rantoul (4th to 6th), Decatur (5th to 7th) and Rockford (7th to 10th) dropped in terms
of rank from last month.
The most remarkable upward move in May was recorded for Davenport-Rock Island-Moline (9th to 2nd).
Bloomington-Normal (2nd to 1st), Kankakee (10th to 4th) and Springfield (6th to 5th) also gained in terms of
rank from last month.
In the 12 months growth league table, upward moves were recorded for Chicago (2nd to 1st), BloomingtonNormal (9th to 7th).
Downward moves were recorded for Champaign-Urbana-Rantoul (1st to 2nd), Metro-East (7th to 8th) and
Peoria (8th to 9th).
Rockford, Kankakee, Davenport-Rock Island-Moline, Springfield and Decatur remained in the same place.
In the 12 months growth league table, Decatur remained in the last place and Chicago climbed up 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 07/01/2013
www.real.illinois.edu
page 3
May 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)
2.25
4.28
13.07
0.79
12.97
18.16
10.55
10.53
(2.5%)
(4.7%)
(14.4%)
(0.9%)
(14.3%)
(20%)
(11.6%) (11.6%)
3.27
8.00
17.28
2.12
4.37
8.41
13.46
10.75
Champaign-Urbana
(3.1%)
(7.6%)
(16.4%)
(2%)
(4.1%)
(8%)
(12.8%) (10.2%)
123.96
379.5
825.22
80.11
284.5
741.85
630.63
388.17
Chicago
(3%)
(9.2%)
(19.9%)
(1.9%)
(6.9%)
(17.9%) (15.2%)
(9.4%)
8.51
24.43
39.04
2.40
8.11
23.08
26.17
18.10
Davenport-Rock
Island-Moline
(4.6%)
(13.3%) (21.3%)
(1.3%)
(4.4%)
(12.6%) (14.3%)
(9.9%)
3.05
9.67
10.50
0.70
1.90
3.27
8.63
4.88
Decatur
(6%)
(19.2%) (20.8%)
(1.4%)
(3.8%)
(6.5%)
(17.1%)
(9.7%)
1.17
5.41
9.77
0.39
2.14
3.39
9.01
4.01
Kankakee
(2.7%)
(12.3%) (22.1%)
(0.9%)
(4.9%)
(7.7%)
(20.4%)
(9.1%)
7.31
27.4
34.56
2.52
7.39
22.54
34.12
17.33
Peoria
(4%)
(15.1%)
(19%)
(1.4%)
(4.1%)
(12.4%) (18.8%)
(9.5%)
3.68
32.32
27.82
1.57
5.40
15.42
24.25
13.23
Rockford
(2.5%)
(21.8%) (18.8%)
(1.1%)
(3.6%)
(10.4%) (16.4%)
(8.9%)
3.68
3.05
17.08
1.39
7.60
11.73
20.05
9.87
Springfield
(3.3%)
(2.7%)
(15.3%)
(1.2%)
(6.8%)
(10.5%) (17.9%)
(8.8%)
181.5
580.3
1155.6
100.3
372.1
879.7
880
540.5
IL
(3.1%)
(10%)
(20%)
(1.7%)
(6.4%)
(15.2%) (15.2%)
(9.3%)
* The Illinois Department of Employment Security does not collect sector employment data for Metro-East
BloomingtonNormal
3.51
(3.9%)
3.29
(3.1%)
181.16
(4.4%)
7.47
(4.1%)
2.39
(4.7%)
1.69
(3.8%)
8.23
(4.5%)
8.64
(5.8%)
6.63
(5.9%)
255.2
(4.4%)
Government
(GOV)
14.51
(16%)
34.54
(32.8%)
513.36
(12.4%)
26.22
(14.3%)
5.37
(10.6%)
7.03
(15.9%)
20.63
(11.3%)
16.07
(10.8%)
30.78
(27.5%)
825.7
(14.3%)
Total non-farm Employment growth rate Jan 1990 – May 2013
150.0
140.0
130.0
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)
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.
The Illinois Economic Observatory and Illinois Jobs Indexis part of the Institute of Government and Public Affairs
at the University of Illinois.
Illinois Jobs Index: MSA REPORT
release 07/01/2013
www.real.illinois.edu
page 4
Employment Forecast for MSAs
MSAs
May 2013*
May 2014
(p)*
90,600
BloomingtonNormal
Champaign-UrbanaRantoul
Sector with
Highest
Growth
Rate
(p)
Sector with
Lowest
Growth Rate
(p)
Number of
Jobs *
Growth Rate
%
Growth
89,800
-800~-100
-0.91%~-0.07%
-
PRO (0.4%)
INF (-9.3%)
105,400
104,900
-400~-300
-0.40%~-0.26%
-
INF (3.3%)
MAN (-4.1%)
Chicago
4,143,900
4,162,000
11,200~18,700
0.27%~0.45%
+
EDU (2.2%)
MAN (-2.3%)
Davenport-Rock
Island-Moline
183,400
183,200
-100~400
-0.07%~0.23%
-
EDU (1.9%)
INF (-4.7%)
Decatur
50,500
50,100
-300~-100
-0.67%~-0.10%
-
PRO (3.6%)
INF (-3.7%)
Kankakee
44,100
44,500
300~400
0.76%~0.98%
+
INF (3.2%)
TTU (-1.4%)
Peoria
181,900
183,300
1,400~1,600
0.76%~0.86%
+
PRO (3.9%)
TTU (-0.6%)
Rockford
148,100
147,200
-900~-300
-0.61%~-0.19%
-
PRO (1.9%)
CON (-10.6%)
Springfield
111,800
111,800
0~200
0.00%~0.17%
+
PRO (3.4%)
INF (-13.5%)
*Total Non-Farm Jobs
Number of Jobs
(in thousands)
95000
Total Non-farm Employment Forecast
Bloomington (BN)
Number of Jobs
(in thousands)
120000
90000
115000
85000
110000
80000
105000
75000
100000
70000
95000
65000
90000
60000
1990
1992
1994
1996
1998
2000
2002
2004
2006
Total Non-farm Employment Forecast
Champaign-Urbana-Rantoul (CU)
2008
2010
2012
85000
2014
1990
1992
1994
1996
1998
2000
2002
2004
2006
2008
2010
2012
2014
2010
2012
2014
Year
Number of Jobs
(in thousands)
4400000
Number of Jobs
(in thousands)
195000
Total Non-farm Employment Forecast
Chicago (CHI)
Year
Total Non-farm Employment Forecast
Davenport-Rock-Island-Moline (DRM)
190000
4200000
185000
180000
4000000
175000
3800000
170000
165000
3600000
160000
3400000
155000
150000
3200000
1990
1992
1994
1996
1998
2000
2002
2004
2006
2008
2010
2012
1990
2014
1992
1994
1996
1998
2000
2002
2004
2006
2008
Year
Year
Illinois Jobs Index: MSA REPORT
release 07/01/2013
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
30000
44000
1990
1992
1994
1996
1998
2000
2002
2004
2006
2008
2010
2012
1990
2014
1992
1994
1996
1998
2000
2002
2004
2006
2008
2010
2012
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
1990
2014
1992
1994
1996
1998
2000
2002
2004
2006
2008
2010
2012
2014
Year
Year
Number of Jobs
(in thousands)
120000
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 07/01/2013
www.real.illinois.edu
page 6
Illinois Jobs Index: MSA REPORT
release 07/01/2013
www.real.illinois.edu
page 7
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