IllinoisJob Index: MSA Report

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IllinoisJob Index:
MSA Report
Release
data
Issue
April 02/2012 Jan 1990 / Feb 2012
16.03
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
March
2013
Nation
Rest of Midwest (RMW)
Illinois
Illinois Metro
Illinois non-Metro (Rural)
Illinois Chicago (Upstate)
Illinois non-Chicago
Feb 2012
Number of
Jobs
135,046,000
19,221,600
5,789,900
5,283,400
506,500
4,130,100
1,659,800
Jan 2012 – Feb 2012
Growth
Rate
(%)
0.18
0.29
0.21
0.08
1.66
0.07
0.59
Number
of Jobs
236,000
55,700
12,400
4,100
8,300
2,700
9,700
Last 12 months
Growth
Rate
(%)
1.48
1.07
1.12
1.10
1.40
1.36
0.53
Number
of Jobs
1,966,000
202,700
64,300
57,300
7,000
55,500
8,800
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 12,400 jobs in Feb 2013, compared with a revised 4,600 job gains in Jan 2013. Compared to Feb
2012, Illinois has added 64,300 jobs. The three-month moving average of jobs, a more stable measure of labor
market, was up by 3,900 jobs per month.
Illinois has lost 198,000 jobs since the economic crisis developed in December 2007.
Since January 2010 when Illinois employment resumed after the national recession, Illinois has added 205,700 new
jobs.
The major geographic divisions, Chicago-Downstate and Metro-Rural all had positive performance.
Illinois Rural area added 8,300 jobs at 1.66% this month, compared to a revised 14,200 job losses in Jan. At the
same time, Metro added 4,100 jobs at 0.08% this month, compared to a revised 18,800 job gains in the previous
month.
Chicago added 2,700 jobs at 0.07% in Feb 2013, compared to a revised 17,400 job gains last month. Meanwhile,
Downstate added 9,700 jobs at 0.59%, compared to a revised 12,800 job losses in Nov.
In terms of the 12-month aggregated account, Metro registered a positive 1.10% growth by adding 57,300 jobs
whereas Rural added 7,000 jobs at 1.40%. Chicago added 55,500 jobs at 1.36% whereas Downstate added 8,800
jobs at 0.53%.
Through Feb 2013, the cumulative job growth for Metro, Rural, Chicago and Downstate compared to January
1990 stood at 10.29%, 6.01%, 9.91% and 9.87%, respectively.
Illinois Metro added 4,100 jobs at 0.08% in Feb of 2013. Eight 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
14.77% which is the highest among all the IL MSAs; Champaign-Urbana-Rantoul has experienced the lowest
average growth rate -8.49%.
In terms of growth performance, five MSAs posted a net improvement from Jan to Feb, four declined in terms of
rank.
Bloomington 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, Rockford reached the first place while Decatur remained in the last place.
Illinois Jobs Index: MSA REPORT
release 04/02/2013
www.real.illinois.edu
page 1
Total non-farm Employment growth Jan 1990 – Feb 2012
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
Feb 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 -0.06% while for Rural it is
-0.01%. The same rate for Upstate it is -0.06% while for Downstate is -0.04%.
Over the last 12-month period, the average growth rate for Metro was 0.09% and for Rural it was 0.13%.
In 2010, Illinois’s performance was better than the nation and compared favorably to the RMW. In 2011,
Illinois has performed worse than the RMW and the nation. In 2011, the average growth rate for Illinois is
0.08% while for the RMW and the nation is 0.13%. 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 0.15%, for
the RMW is 0.25% while for the nation is 0.13%.
Downstate registered a near -0.09% average job growth in 2013 compared to an average of 0.04% growth in
2007, -0.11% decline in 2008, -0.35% decline in 2009, 0.14% growth in 2010, 0.01% growth in 2011 and
0.10% 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
Feb 2012
Number of
Jobs
90,100
106,000
4,130,100
185,400
51,100
44,100
183,900
149,700
112,400
230,400
Jan 2012 – Feb 2012
Growth
compared
to Illinois
+
+
+
+
+
Growth
Rate %
-1.72
-1.59
0.07
0.64
1.05
0.19
0.56
0.26
0.11
0.61
0.21
release 04/02/2013
Number
Of Jobs
-1,600
-1,700
2,700
1,200
500
80
1,000
400
100
1,400
12,400
Last 12 months
Growth
Rate %
Number
of Jobs
-0.83
1.57
1.36
1.63
-4.36
0.73
-0.17
2.25
-0.32
-1.14
1.12
-800
1,600
55,500
3,000
-2,300
300
-300
3,300
-400
-2,700
64,300
www.real.illinois.edu
page 2
MSA League Tables*: Non-farm Employment Growth Rate
Monthly growth:
Rank
Jan 2013
Feb 2013
Rank
Change**
1
Champaign-Urbana-Rantoul (1.9%)
Decatur (1.05%)
1
(+9)
2
Bloomington-Normal (0.94%)
Davenport-Rock Island-Moline (0.64%)
2
(+2)
3
Springfield (0.82%)
Metro-East (0.61%)
3
 (+6)
4
Davenport-Rock Island-Moline (0.79%)
Peoria (0.56%)
4
 (+4)
5
Chicago (0.42%)
Rockford (0.26%)
5
(+2)
6
Kankakee (0.22%)
Kankakee (0.19%)
6
 (+0)
7
Rockford (0.15%)
Springfield (0.11%)
7
 (-4)
8
Peoria (-0.34%)
Chicago (0.07%)
8
(-3)
9
Metro-East (-1.15%)
Champaign-Urbana-Rantoul (-1.59%)
9
 (-8)
10
Decatur (-1.83%)
Bloomington-Normal (-1.72%)
10
 (-8)
Growth over last 12-months:
Rank
Jan 2013
Feb 2013
Rank
Change**
1
Champaign-Urbana-Rantoul (2.43%)
Rockford (2.25%)
1
 (+1)
2
Rockford (2.02%)
Davenport-Rock Island-Moline (1.63%)
2
 (+2)
3
Chicago (1.4%)
Champaign-Urbana-Rantoul (1.57%)
3
 (-2)
4
Davenport-Rock Island-Moline (1.4%)
Chicago (1.36%)
4
 (-1)
5
Bloomington-Normal (1.01%)
Kankakee (0.73%)
5
 (+1)
6
Kankakee (0.04%)
Peoria (-0.17%)
6
 (+1)
7
Peoria (-0.16%)
Springfield (-0.32%)
7
 (+1)
8
Springfield (-0.4%)
Bloomington-Normal (-0.83%)
8
 (-3)
9
Metro-East (-3.57%)
Metro-East (-1.14%)
9
 (+0)
10
Decatur (-5.09%)
Decatur (-4.36%)
10
 (+0)
Talking Points




MSA League
Tables





Champaign-Urbana-Rantoul (1st to 9th) and Bloomington-Normal (2nd to 10th) experienced the deepest fall
this month.
Springfield (3rd to 7th) and Chicago (5th to 8th) dropped in terms of rank from last month.
The most remarkable upward move in December was recorded for Decatur (10th to 1st).
Metro-East (9th to 3rd), Peoria (8th to 4th), Davenport-Rock Island-Moline (4th to 2nd), and Rockford (7th
to 5th) also gained in terms of rank from last month.
Kankakee remained in the same place.
In the 12 months growth league table, upward moves were recorded for Rockford (2nd to 1st), DavenportRock Island-Moline (4th to 2nd), Kankakee (6th to 5th), Peoria (6th to 7th) and Springfield (7th to 8th).
In the 12 months growth league table, downward moves were recorded for Champaign-Urbana-Rantoul (1st
to 3rd), Chicago (3rd to 4th) and Bloomington-Normal (5th to 8th).
Champaign-Urbana-Rantoul, Rockford and Chicago remained in the same place.
In the 12 months growth league table, Decatur remained in the last place and 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.
Illinois Jobs Index: MSA REPORT
release 04/02/2013
www.real.illinois.edu
page 3
Shaded area on above chart represents Illinois growth.
Feb 2013 MSA Employment by Sectors (000s) *
Trade,
Construc- Manufac- transportat Information
turing
ion &
tion
(CON)
(MAN)
utilities
(INF)
(TTU)
Market Area
Financial
activities
(FIN)
Profession
al &
Education Leisure &
Other
business & health hospitality Services
services
(EDU)
(LEI)
(OTH)
(PRO)
2.32
4.42
13.23
0.80
12.99
17.73
10.57
10.3
(2.6%)
(4.9%)
(14.7%)
(0.9%)
(14.4%) (19.7%) (11.7%) (11.4%)
3.40
8.04
17.38
2.13
4.33
8.58
13.49
10.79
Champaign-Urbana
(3.2%)
(7.6%)
(16.4%)
(2.0%)
(4.1%)
(8.1%)
(12.7%) (10.2%)
125.81
380.07
828.37
79.71
282.03
723.22
623.69
390.24
Chicago
(3%)
(9.2%)
(20.1%)
(1.9%)
(6.8%)
(17.5%) (15.1%)
(9.4%)
8.14
24.85
39.26
2.39
8.06
23.62
26.18
18.63
Davenport-Rock
Island-Moline
(4.4%)
(13.4%) (21.2%)
(1.3%)
(4.3%)
(12.7%) (14.1%)
(10%)
3.23
9.71
10.69
0.70
1.94
3.26
8.64
4.99
Decatur
(6.3%)
(19.0%) (20.9%)
(1.4%)
(3.8%)
(6.4%)
(16.9%)
(9.8%)
1.15
5.37
9.9
0.40
2.12
3.35
9.07
4.06
Kankakee
(2.6%)
(12.2%) (22.4%)
(0.9%)
(4.8%)
(7.6%)
(20.5%)
(9.2%)
7.55
27.65
34.85
2.52
7.46
23.09
33.99
17.36
Peoria
(4.1%)
(15%)
(18.9%)
(1.4%)
(4.1%)
(12.6%) (18.5%)
(9.4%)
3.78
32.37
27.97
1.60
5.38
15.74
24.16
13.32
Rockford
(2.5%)
(21.6%) (18.7%)
(1.1%)
(3.6%)
(10.5%) (16.1%)
(8.9%)
3.90
3.03
17.32
1.41
7.66
11.66
19.88
10.03
Springfield
(3.5%)
(2.7%)
(15.4%)
(1.2%)
(6.8%)
(10.4%) (17.7%)
(8.9%)
185.03
581.17
1162.3
99.28
371.51
870.73
878.82
539.37
IL
(3.2%)
(10%)
(20.1%)
(1.7%)
(6.4%)
(15.0%) (15.2%)
(9.3%)
* The Illinois Department of Employment Security does not collect sector employment data for Metro-East
BloomingtonNormal
3.46
(3.8%)
3.27
(3.1%)
179.23
(4.3%)
7.46
(4.0%)
2.44
(4.8%)
1.63
(3.7%)
8.12
(4.4%)
8.71
(5.8%)
6.56
(5.8%)
252.36
(4.4%)
Government
(GOV)
14.29
(15.9%)
34.65
(32.7%)
515.57
(12.5%)
26.73
(14.4%)
5.44
(10.6%)
6.99
(15.8%)
21.04
(11.4%)
16.27
(10.9%)
30.92
(27.5%)
832.89
(14.4%)
Total non-farm Employment growth rate Jan 1990 – Feb 2012
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 04/02/2013
www.real.illinois.edu
page 4
Employment Forecast for MSAs
MSAs
Feb 2013*
Feb 2014
(p)*
90,100
BloomingtonNormal
Champaign-UrbanaRantoul
Sector with
Highest
Growth
Rate
(p)
Sector with
Lowest
Growth Rate
(p)
Number of
Jobs *
Growth Rate
%
Growth
90,200
100~-500
0.06%~0.58%
+
GOV (2.8%)
INF (-8.5%)
106,000
107,200
1,200~2,300
1.14%~-2.13%
+
INF (5.2%)
MAN (-2.3%)
Chicago
4,130,100
4,170,900
22,400~40,800
0.54%~0.99%
+
MAN (2.1%)
CON (-10.7%)
Davenport-Rock
Island-Moline
185,400
185,900
500~-1,900
0.25%~-1.00%
+
PRO (1.8%)
INF (-5.8%)
Decatur
51,100
51,300
200~400
0.46%~0.83%
+
MAN (4.6%)
ING (-3.5%)
Kankakee
44,100
44,400
300~400
0.63%~0.92%
+
OTH (6.3%)
LEI (-1.3%)
Peoria
183,900
185,100
1,200~2,000
0.66%~1.07%
+
PRO (2.3%)
CON (-0.6%)
Rockford
149,700
150,800
1,200~2,100
0.80%~1.44%
+
PRO (3.3%)
CON (-12.3%)
Springfield
112,400
112,200
-300~300
-0.23%~0.23%
-
PRO (3.5%)
INF (-14.5%)
*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
2014
Year
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
Illinois Jobs Index: MSA REPORT
2006
2008
2010
2012
2014
Year
1990
1992
release 04/02/2013
1994
1996
1998
2000
2002
2004
2006
2008
www.real.illinois.edu
page 5
Number of Jobs
(in thousands)
62000
Number of Jobs
(in thousands)
46000
Total Non-farm Employment Forecast
Decatur (DE)
60000
Total Non-farm Employment Forecast
Kankakee (KA)
44000
58000
42000
56000
40000
54000
38000
52000
36000
50000
34000
48000
32000
46000
30000
44000
1990
1992
1994
Number of Jobs
(in thousands)
200000
1996
1998
2000
2002
2004
2006
2008
2010
2012
2014
Year
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
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
2008
2010
2012
2014
Year
release 04/02/2013
www.real.illinois.edu
page 6
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