IllinoisJob Index: MSA Report

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IllinoisJob Index:
MSA Report
Release
data
Issue
Mar 25/2012
Jan 1990 / Jan 2013
16.02
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.
February
2013
Total non-farm employment
Jan 2012
Number of
Jobs
Nation
Rest of Midwest (RMW)
Illinois
Illinois Metro
Illinois non-Metro (Rural)
Illinois Chicago (Upstate)
Illinois non-Chicago
134,810,000
19,153,800
5,780,000
5,281,900
498,100
4,129,700
1,650,300
Dec 2012 – Jan 2012
Growth
Rate
(%)
0.09
0.14
0.12
0.40
-2.76
0.50
-0.80
Number
of Jobs
119,000
26,600
7,100
21,300
-14,200
20,400
-13,300
Last 12 months
Growth
Rate
(%)
1.51
0.97
1.10
1.11
0.96
1.46
0.19
Number
of Jobs
2,001,000
183,500
62,700
58,000
4,700
59,500
3,200
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 7100 jobs in Jan 2012, compared with a revised5,200 job losses in Dec 2012. Compared to Jan 2012,
Illinois has added 62,700 jobs. The three-month moving average of jobs, a more stable measure of labor market,
was up by 3,800 jobs per month.
Illinois has lost 207,900 jobs since the economic crisis developed in December 2007.
Since January 2010 when Illinois employment resumed after the national recession, Illinois has added 195,800 new jobs.
The major geographic divisions, Chicago-Downstate and Metro-Rural had mixed performance.
Illinois Rural area shed 14,200 jobs at -2.76% this month, compared to a revised 5,100 job gains in Dec 2012. At
the same time, Metro added 21,300 jobs at 0.40% this month, compared to a revised 10,300 job losses in the
previous month.
Chicago added 20,400 jobs at 0.50% in Jan 2013, compared to a revised 6,900 job losses last month. Meanwhile,
Downstate shed 13,300 jobs at -0.80%, compared to a revised 1,700 job gains in Dec.
In terms of the 12-month aggregated account, Metro registered a positive 1.11% growth by adding 58,000 jobs
whereas Rural added 4,700 jobs at 0.96%. Chicago added 59,500 jobs at 1.46% whereas Downstate added 3,200
jobs at 0.19%.
Through Jan 2013, the cumulative job growth for Metro, Rural, Chicago and Downstate compared to January
1990 stood at 10.26%, 4.26%, 9.90% and 9.24%, respectively.
Illinois Metro added 21,300 jobs at 0.40% in Dec of 2012. 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
15.41% which is the highest among all the IL MSAs; Champaign-Urbana-Rantoul has experienced the lowest
average growth rate -7.71%.
In terms of growth performance, four MSAs posted a net improvement from Dec to Jan, four declined in terms of
rank.
Metro-East dropped to the last place in terms of monthly growth performance, while Bloomington-Normal climbed
up to the first place.
Over the last 12-month period, Champaign-Urbana-Rantoul remained in the first place while Metro-East dropped
to the last place.
Illinois Jobs Index: MSA REPORT
release 03/25/2013
www.real.illinois.edu
page 1
Total non-farm Employment growth Jan 1990 – Jan 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
Jan 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 -0.05%.
Over the last 12-month period, the average growth rate for Metro was 0.09% and for Rural it was 0.09%.
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%.
Downstate registered 0.10% average job growth in 2012 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.
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
Jan 2013
Number of
Jobs
92,000
107,000
4,129,700
183,700
51,400
44,000
184,100
149,100
111,700
229,100
Dec 2012 – Jan 2013
Growth
compared
to Illinois
+
+
+
+
+
+
+
-
Growth
Rate %
1.21
0.51
0.50
0.52
-0.13
0.19
0.34
0.05
0.24
-1.17
0.12
release 03/25/2013
Number
Of Jobs
1,100
500
20,400
900
-70
80
600
80
300
-2,700
7,100
Last 12 months
Growth
Rate %
Number
of Jobs
1.36
2.48
1.46
1.23
-3.52
0.04
0.51
1.95
-0.95
-3.57
1.10
1,200
2,600
59,500
2,200
-1,900
20
900
2,800
-1,100
-8,500
62,700
www.real.illinois.edu
page 2
MSA League Tables*: Non-farm Employment Growth Rate
Monthly growth:
Rank
Dec 2012
Jan 2013
Rank
Change**
1
Champaign-Urbana-Rantoul (1.02%)
Bloomington-Normal (1.21%)
1
(+2)
2
Kankakee (0.25%)
Davenport-Rock Island-Moline (0.52%)
2
(+6)
3
Bloomington-Normal (-0.02%)
Champaign-Urbana-Rantoul (0.51%)
3
 (-2)
4
Metro-East (-0.04%)
Chicago (0.5%)
4
 (+1)
5
Chicago (-0.17%)
Peoria (0.34%)
5
(+5)
6
Springfield (-0.3%)
Springfield (0.24%)
6
 (+0)
7
Rockford (-0.37%)
Kankakee (0.19%)
7
 (-5)
8
Davenport-Rock Island-Moline (-0.6%)
Rockford (0.05%)
8
(-1)
9
Decatur (-1.01%)
Decatur (-0.13%)
9
(+0)
10
Peoria (-1.03%)
Metro-East (-1.17%)
10
 (-6)
Growth over last 12-months:
Rank
Dec 2012
Jan 2013
Rank
Change**
1
Champaign-Urbana-Rantoul (2.85%)
Champaign-Urbana-Rantoul (2.48%)
1
 (+0)
2
Rockford (2.27%)
Rockford (1.95%)
2
 (+0)
3
Chicago (1.22%)
Chicago (1.46%)
3
 (+0)
4
Kankakee (1.12%)
Bloomington-Normal (1.36%)
4
(+3)
5
Peoria (0.83%)
Davenport-Rock Island-Moline (1.23%)
5
 (+1)
6
Davenport-Rock Island-Moline (0.58%)
Peoria (0.51%)
6
(-1)
7
Bloomington-Normal (0.48%)
Kankakee (0.04%)
7
 (-3)
8
Metro-East (0.4%)
Springfield (-0.95%)
8
(+1)
9
Springfield (-1.03%)
Decatur (-3.52%)
9
 (+1)
10
Decatur (-3.09%)
Metro-East (-3.57%)
10
 (-2)
Talking Points



MSA League
Tables






Kankakee (2nd to 7th) and Metro-East (4th to 10th) experienced the deepest fall this month.
Champaign-Urbana-Rantoul (1st to 3rd) and Rockford (7th to 8th) dropped in terms of rank from last
month.
The most remarkable upward move in December was recorded for Davenport-Rock Island-Moline (8th
to 2nd).
Peoria (10th to 5th) also gained in terms of rank from last month.
Springfield and Decatur remained in the same place.
In the 12 months growth league table, upward moves were recorded for Bloomington-Normal (7th to
4th), Davenport-Rock Island-Moline (6th to 5th), Springfield (9th to 8th) and Decatur (10th to 9th).
In the 12 months growth league table, downward moves were recorded for Peoria (5th to 6th), Kankakee
(4th to 7th) and Metro-East (8th to 10th).
Champaign-Urbana-Rantoul, Rockford and Chicago remained in the same place.
In the 12 months growth league table, Metro-East remained in the last place and Champaign-UrbanaRantoul 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 03/25/2013
www.real.illinois.edu
page 3
Jan 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)
2.27
4.41
13.33
0.81
13.04
18.08
10.61
10.38
(2.5%)
(4.8%)
(14.5%)
(0.9%)
(14.2%) (19.7%) (11.5%) (11.3%)
3.36
8.21
17.68
2.16
4.44
8.52
13.45
10.87
Champaign-Urbana
(3.1%)
(7.7%)
(16.5%)
(2.0%)
(4.2%)
(8.0%)
(12.6%) (10.2%)
123.49
381.42
830.77
79.22
282.56
719.48
623.98
391.08
Chicago
(3%)
(9.2%)
(20.1%)
(1.9%)
(6.8%)
(17.4%) (15.1%)
(9.5%)
8.15
24.78
38.94
2.40
8.07
23.34
26.16
17.86
Davenport-Rock
Island-Moline
(4.4%)
(13.5%) (21.2%)
(1.3%)
(4.4%)
(12.7%) (14.2%)
(9.7%)
3.18
10.09
10.67
0.70
1.94
3.24
8.68
5.00
Decatur
(6.2%)
(19.6%) (20.7%)
(1.4%)
(3.8%)
(6.3%)
(16.9%)
(9.7%)
1.10
5.35
9.91
0.40
2.11
3.37
9.03
4.00
Kankakee
(2.5%)
(12.1%) (22.5%)
(0.9%)
(4.8%)
(7.6%)
(20.5%)
(9.1%)
7.56
27.9
35.08
2.52
7.42
22.87
34.19
17.44
Peoria
(4.1%)
(15.2%) (19.1%)
(1.4%)
(4.0%)
(12.4%) (18.6%)
(9.5%)
3.87
32.17
27.64
1.61
5.40
15.66
24.11
13.37
Rockford
(2.6%)
(21.6%) (18.5%)
(1.1%)
(3.6%)
(10.5%) (16.2%)
(9.0%)
3.87
3.06
17.32
1.42
7.66
11.63
19.76
9.95
Springfield
(3.5%)
(2.7%)
(15.5%)
(1.3%)
(6.9%)
(10.4%) (17.7%)
(8.9%)
183.69
582.53
1164.03
100.2
371.94
864.16
876.71
540.65
IL
(3.2%)
(10.1%) (20.1%)
(1.7%)
(6.4%)
(14.9%) (15.2%)
(9.4%)
* The Illinois Department of Employment Security does not collect sector employment data for Metro-East
BloomingtonNormal
3.45
(3.8%)
3.26
(3.0%)
179.08
(4.3%)
7.42
(4.0%)
2.35
(4.6%)
1.62
(3.7%)
8.08
(4.4%)
8.71
(5.8%)
6.52
(5.8%)
252.61
(4.4%)
Government
(GOV)
15.54
(16.9%)
36.13
(33.8%)
515.02
(12.5%)
26.62
(14.5%)
5.46
(10.6%)
6.96
(15.8%)
21.00
(11.4%)
16.17
(10.8%)
30.34
(27.2%)
832.98
(14.4%)
Total non-farm Employment growth rate Jan 1990 – Jan 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 03/25/2013
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)
92,200
200~800
0.23%~0.82%
+
LEI (2.5%)
INF (-8.4%)
107,000
107,000
0~500
0.02%~0.46%
+
INF (2.0%)
GOV (-3.1%)
Chicago
4,129,700
4,144,200
14,400~28,500
0.35%~0.69%
+
FIN (3.1%)
CON (-6.2%)
Davenport-Rock
Island-Moline
Decatur
183,700
183,300
-400~600
-0.22%~-0.31%
-
EDU (1.3%)
INF (-6.1%)
51,400
51,300
-100~--40
-0.19%~ -0.08%
-
GOV (3.4%)
ING (-3.2%)
Kankakee
44,000
44,400
400~700
0.86%~1.59%
+
OTH (6.9%)
TTU (-0.9%)
Peoria
184,100
185,300
1,200~2,000
0.67%~-1.07%
+
PRO (2.3%)
CON (-0.4%)
Rockford
149,100
149,700
600~-2,300
0.39%~1.52%
+
GOV (2.9%)
CON (-12.8%)
Springfield
111,700
111,600
-100~400
-0.08%~0.38%
-
PRO (3.9%)
INF (-12.7%)
MSAs
Jan
2013*
Jan 2014
(p)*
Bloomington-Normal
92,000
Champaign-UrbanaRantoul
*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
Number of Jobs
(in thousands)
4400000
1996
1998
2000
2002
2004
2006
2008
2010
2012
2014
Year
Total Non-farm Employment Forecast
Champaign-Urbana-Rantoul (CU)
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
2008
2010
2012
2014
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
Illinois Jobs Index: MSA REPORT
2008
2010
2012
2014
Year
1990
1992
1994
1996
release 03/25/2013
1998
2000
2002
2004
2006
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
44000
58000
42000
56000
40000
54000
38000
52000
36000
50000
34000
48000
32000
46000
Total Non-farm Employment Forecast
Kankakee (KA)
30000
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
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
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 03/25/2013
www.real.illinois.edu
page 6
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