IllinoisJob Index: MSA Report

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IllinoisJob Index:
MSA Report
Release
data
Issue
05/06/2013
Jan 1990 / Mar 2013
16.04
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
April
2013
Nation
Rest of Midwest (RMW)
Illinois
Illinois Metro
Illinois non-Metro (Rural)
Illinois Chicago (Upstate)
Illinois non-Chicago
Mar 2012
Number of
Jobs
135,195,000
19,157,900
5,776,200
5,280,500
495,700
4,131,700
1,644,500
Feb 2013 – Mar 2013
Growth
Rate
(%)
0.07
-0.32
-0.31
-0.14
-2.09
-0.08
-0.88
Number
of Jobs
88,000
-62,000
-17,800
-7,200
-10,600
-3,100
-14,700
Last 12 months
Growth
Rate
(%)
1.43
0.52
0.64
0.78
-0.81
1.10
-0.52
Number
of Jobs
1,910,000
99,800
36,600
40,600
-4,000
45,100
-8,500
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 -17,800 jobs in Mar 2013, compared with a revised 15,300 job gains in Feb 2013. Compared to Mar
2012, Illinois has added 36,600 jobs. The three-month moving average of jobs, a more stable measure of labor
market, was up by 1,100 jobs per month.
Illinois has lost 211,700 jobs since the economic crisis developed in December 2007.
Since January 2010 when Illinois employment resumed after the national recession, Illinois has added 192,000 new jobs.
The major geographic divisions, Chicago-Downstate and Metro-Rural had negative performance.
Illinois Rural area shed 10,600 jobs at -2.09% this month, compared to a revised 8,800 job gains in Feb. At the
same time, Metro shed 7,200 jobs at -0.14% this month, compared to a revised 6,500 job loss in the previous
month.
Chicago shed 3,100 jobs at -0.08% in Mar 2013, compared to a revised 5,300 job gain last month. Meanwhile,
Downstate shed 14,700 jobs at -0.88%, compared to a revised 10,000 job gains in Feb.
In terms of the 12-month aggregated account, Metro registered a positive 0.78% growth by adding 40,600 jobs
whereas Rural shed 7,000 jobs at -0.81%. Chicago added 45,100 jobs at 1.10% whereas Downstate shed 8,500
jobs at -0.52%.
Through Mar 2013, the cumulative job growth for Metro, Rural, Chicago and Downstate compared to January
1990 stood at 10.38%, 5.97%, 10.04% and 9.83% respectively.
Illinois Metro shed -7,200 jobs at -0.14% in Mar of 2013. One 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
14.85% which is the highest among all the IL MSAs; Champaign-Urbana-Rantoul has experienced the lowest
average growth rate -9.09%.
In terms of growth performance, five MSAs posted a net improvement from Feb to Mar, three declined in terms
of rank.
Decatur remained in the last place in terms of monthly growth performance, while Kankakee climbed up to the
first place.
Over the last 12-month period, Rockford reached the first place while Decatur remained in the last place.
Illinois Jobs Index: MSA REPORT
release 05/06/2013
www.real.illinois.edu
page 1
Total non-farm Employment growth Jan 1990 – Mar 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
Mar 2013 is -0.06%. 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 -0.06% while for Rural it is
-0.04%. The same rate for Upstate it is -0.06% while for Downstate is -0.06%.
Over the last 12-month period, the average growth rate for Metro was 0.06% and for Rural it was -0.06%.
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
0.02%, for the RMW is 0.05% while for the nation is 0.12%.
Downstate registered a -0.36% 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
Mar 2013
Number of
Jobs
89,700
105,700
4,131,700
184,000
50,700
44,400
183,400
149,300
111,800
229,800
Feb 2013 – Mar 2013
Growth
compared
to Illinois
+
+
+
+
+
Growth
Rate %
-0.19
-0.41
-0.08
-0.64
-0.70
0.28
-0.32
-0.27
-0.52
-0.20
-0.31
release 05/06/2013
Number
Of Jobs
-200
-400
-3,100
-1,200
-400
100
-600
-400
-600
-500
-17,800
Last 12 months
Growth
Rate %
Number
of Jobs
-1.40
1.06
1.10
0.11
-4.87
1.18
-0.89
1.87
-0.68
-1.20
0.64
-1,300
1,100
45,100
200
-2,600
500
-1,600
2,700
-800
-2,800
36,600
www.real.illinois.edu
page 2
MSA League Tables*: Non-farm Employment Growth Rate
Monthly growth:
Rank
Feb 2013
Mar 2013
Rank
Change**
1
Decatur (0.98%)
Kankakee (0.28%)
1
(+4)
2
Davenport-Rock Island-Moline (0.63%)
Chicago (-0.08%)
2
(+5)
3
Peoria (0.59%)
Bloomington-Normal (-0.19%)
3
 (+7)
4
Metro-East (0.54%)
Metro-East (-0.2%)
4
 (+0)
5
Kankakee (0.36%)
Rockford (-0.27%)
5
(+1)
6
Rockford (0.26%)
Peoria (-0.32%)
6
 (-3)
7
Chicago (0.13%)
Champaign-Urbana-Rantoul (-0.41%)
7
 (+2)
8
Springfield (0.13%)
Springfield (-0.52%)
8
 (+0)
9
Champaign-Urbana-Rantoul (-1.52%)
Davenport-Rock Island-Moline (-0.64%)
9
 (-7)
10
Bloomington-Normal (-1.93%)
Decatur (-0.7%)
10
 (-9)
Growth over last 12-months:
Rank
Feb 2013
Mar 2013
Rank
Change**
1
Rockford (2.24%)
Rockford (1.87%)
1
 (+0)
2
Champaign-Urbana-Rantoul (1.74%)
Kankakee (1.18%)
2
 (+3)
3
Davenport-Rock Island-Moline (1.51%)
Chicago (1.1%)
3
 (+1)
4
Chicago (1.48%)
Champaign-Urbana-Rantoul (1.06%)
4
 (-2)
5
Kankakee (0.96%)
Davenport-Rock Island-Moline (0.11%)
5
 (-2)
6
Peoria (-0.13%)
Springfield (-0.68%)
6
 (+1)
7
Springfield (-0.33%)
Peoria (-0.89%)
7
 (-1)
8
Metro-East (-1.15%)
Metro-East (-1.2%)
8
 (+0)
9
Bloomington-Normal (-1.17%)
Bloomington-Normal (-1.4%)
9
 (+0)
10
Decatur (-4.37%)
Decatur (-4.87%)
10
 (+0)
Talking Points




MSA League
Tables





Decatur (1st to 10th) experienced the deepest fall this month.
Davenport-Rock Island-Moline (2nd to 9th) and Peoria (3rd to 6th) dropped in terms of rank from last
month.
The most remarkable upward move in March was recorded for Bloomington-Normal (10th to 3rd).
Champaign-Urbana-Rantoul (9th to 7th), Rockford (6th to 5th), Chicago (7th to 2nd) and Kankakee (5th to
1st) also gained in terms of rank from last month.
Springfield and Metro-East remained in the same place.
In the 12 months growth league table, upward moves were recorded for Springfield (7th to 6th), Chicago (4th
to 3rd) and Kankakee (5th to 2nd).
In the 12 months growth league table, downward moves were recorded for Champaign-Urbana-Rantoul (2nd
to 4th), Davenport-Rock Island-Moline (4th to 5th) and Peoria (6th to 7th).
Decatur, Bloomington-Normal, Metro-East and Rockford remained in the same place.
Decatur remained in the last place while Rockford 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.
Shaded area on above chart represents Illinois growth.
Illinois Jobs Index: MSA REPORT
release 05/06/2013
www.real.illinois.edu
page 3
Mar 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)
2.26
4.35
13.29
0.8
13.03
17.56
10.52
10.31
(2.5%)
(4.8%)
(14.8%)
(0.9%)
(14.5%) (19.6%) (11.7%) (11.5%)
3.37
7.98
17.47
1.99
4.42
8.45
13.49
10.77
Champaign-Urbana
(3.2%)
(7.6%)
(16.5%)
(1.9%)
(4.2%)
(8%)
(12.8%) (10.2%)
125.55
380.8
826.7
80.34
282.33
723.29
627.27
388.29
Chicago
(3%)
(9.2%)
(20%)
(1.9%)
(6.8%)
(17.5%) (15.2%)
(9.4%)
8.2
24.64
38.81
2.39
8.08
23.28
26.24
18.53
Davenport-Rock
Island-Moline
(4.5%)
(13.4%) (21.1%)
(1.3%)
(4.4%)
(12.6%) (14.3%) (10.1%)
3.2
9.76
10.54
0.7
1.94
3.23
8.65
4.89
Decatur
(6.3%)
(19.3%) (20.8%)
(1.4%)
(3.8%)
(6.4%)
(17.1%)
(9.6%)
1.16
5.39
9.88
0.4
2.13
3.44
9.33
4.05
Kankakee
(2.6%)
(12.1%) (22.3%)
(0.9%)
(4.8%)
(7.8%)
(21%)
(9.1%)
7.58
27.65
34.93
2.53
7.42
23
34.01
17.2
Peoria
(4.1%)
(15.1%)
(19%)
(1.4%)
(4%)
(12.5%) (18.5%)
(9.4%)
3.77
32.55
27.86
1.58
5.36
15.56
24.34
13.35
Rockford
(2.5%)
(21.8%) (18.7%)
(1.1%)
(3.6%)
(10.4%) (16.3%)
(8.9%)
3.77
3.01
17.09
1.39
7.62
11.56
19.98
9.91
Springfield
(3.4%)
(2.7%)
(15.3%)
(1.2%)
(6.8%)
(10.3%) (17.9%)
(8.9%)
184.04
582.94
1159.47
99.89
371.71
868.87
879.05
536.6
IL
(3.2%)
(10.1%) (20.1%)
(1.7%)
(6.4%)
(15%)
(15.2%)
(9.3%)
* The Illinois Department of Employment Security does not collect sector employment data for Metro-East
BloomingtonNormal
Government
(GOV)
3.51
(3.9%)
3.28
(3.1%)
180.46
(4.4%)
7.47
(4.1%)
2.43
(4.8%)
1.61
(3.6%)
8.2
(4.5%)
8.71
(5.8%)
6.56
(5.9%)
253.78
(4.4%)
14.08
(15.7%)
34.68
(32.8%)
514.2
(12.4%)
26.41
(14.3%)
5.4
(10.6%)
7.01
(15.8%)
20.85
(11.4%)
16.13
(10.8%)
30.9
(27.6%)
830.75
(14.4%)
Total non-farm Employment growth rate Jan 1990 – Mar 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.
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 05/06/2013
www.real.illinois.edu
page 4
Employment Forecast for MSAs
Sector with
Lowest
Growth Rate
(p)
Number of
Jobs *
Growth Rate
%
Growth
Sector with
Highest
Growth
Rate
(p)
90,200
500~700
0.56%~-0.81%
+
GOV (4.3%)
INF (-8.1%)
105,700
105,500
-200~600
-0.13%~-0.57%
-
INF (10.3%)
MAN (-4.1%)
Chicago
4,131,700
4,163,800
25,800~32,100
0.62%~0.78%
+
INF (2.4%)
TTU (-1.6%)
Davenport-Rock
Island-Moline
184,000
184,800
800~-1,300
0.40%~-0.72%
+
PRO (2.0%)
INF (-5.3%)
Decatur
50,700
50,900
200~300
0.46%~0.73%
+
MAN (4.1%)
ING (-3.0%)
Kankakee
44,400
44,400
0~200
0.00%~0.45%
+
OTH (5.6%)
LEI (-1.9%)
Peoria
183,400
185,100
1,100~1,700
0.60%~0.93%
+
PRO (3.1%)
CON (-1.6%)
Rockford
149,300
150,800
1,200~1,500
0.80%~1.00%
+
PRO (3.5%)
CON (-10.1%)
Springfield
111,800
112,000
-200~200
-0.18%~0.18%
-
PRO (3.0%)
INF (-12.5%)
MSAs
Mar 2013*
Mar 2014
(p)*
89,700
BloomingtonNormal
Champaign-UrbanaRantoul
*Total Non-Farm Jobs
Number of Jobs
(in thousands)
95000
Total Non-farm Employment Forecast
Bloomington (BN)
Number of Jobs
(in thousands)
Total Non-farm Employment Forecast
Champaign-Urbana-Rantoul (CU)
120000
90000
115000
85000
110000
80000
105000
75000
100000
70000
95000
65000
90000
60000
1990
1992
1994
Number of Jobs
(in thousands)
4400000
1996
1998
2000
2002
2004
2006
2008
2010
2012
2014
Year
85000
1990
1992
1994
Number of Jobs
(in thousands)
195000
Total Non-farm Employment Forecast
Chicago (CHI)
1996
1998
2000
2002
2004
2006
2008
2010
2012
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
1990
1992
1994
1996
1998
2000
2002
2004
Illinois Jobs Index: MSA REPORT
2006
2008
2010
2012
2014
Year
150000
1990
1992
1994
release 05/06/2013
1996
1998
2000
2002
2004
2006
2008
www.real.illinois.edu
2010
2012
2014
Year
page 5
Number of Jobs
(in thousands)
62000
Total Non-farm Employment Forecast
Decatur (DE)
Number of Jobs
(in thousands)
46000
60000
Total Non-farm Employment Forecast
Kankakee (KA)
44000
58000
42000
56000
40000
54000
38000
52000
36000
50000
48000
34000
46000
32000
44000
1990
1992
1994
Number of Jobs
(in thousands)
200000
1996
1998
2000
2002
2004
2006
2008
2010
2012
2014
Year
30000
1990
1992
1994
Number of Jobs
(in thousands)
170000
Total Non-farm Employment Forecast
Peoria (PE)
1996
1998
2000
2002
2004
2006
2008
2010
2012
2014
Year
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
Number of Jobs
(in thousands)
120000
1996
1998
2000
2002
2004
2006
2008
2010
2012
2014
Year
2008
2010
2012
2014
Year
1990
1992
1994
1996
1998
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
Illinois Jobs Index: MSA REPORT
2006
release 05/06/2013
www.real.illinois.edu
page 6
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