IllinoisJob Index: MSA Report

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IllinoisJob Index:
MSA Report
Release
data
Issue
Feb 05/2012
Jan 1990 / Dec 2012
16.01
Note: IDES revised their estimates for the number of jobs at the beginning of each year.
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.
January
2013
Total non-farm employment
Dec 2012
Number of
Jobs
Nation
Rest of Midwest (RMW)
Illinois
Illinois Metro
Illinois non-Metro (Rural)
Illinois Chicago (Upstate)
Illinois non-Chicago
134,021,000
18,960,900
5,717,900
5,201,500
516,400
4,065,500
1,652,400
Nov 2012 – Dec 2012
Growth
Rate
(%)
0.12
-0.01
-0.13
-0.20
0.58
-0.10
-0.21
Number
of Jobs
155,000
-2,200
-7,600
-10,600
3,000
-4,100
-3,500
Last 12 months
Growth
Rate
(%)
1.39
1.19
0.74
0.81
0.01
1.07
-0.07
Number
of Jobs
1,835,000
223,700
41,900
41,800
100
43,100
-1,200
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 shed 7,600 jobs in Dec 2012, compared with a revised 14,500 job gains in Nov 2012. Compared to Dec
2011, Illinois has added 41,900 jobs. The three-month moving average of jobs, a more stable measure of labor
market, was up by 3,400 jobs per month.
Illinois has lost 270,000 jobs since the economic crisis developed in December 2007.
Since January 2010 when Illinois employment resumed after the national recession, Illinois has added 136,300 new jobs.
The major geographic divisions, Chicago-Downstate had negative performance while Metro-Rural had mixed
performance.
Illinois Rural area added 3,000 jobs at 0.58% this month, compared to a revised 13,800 job gains in Nov. At the
same time, Metro shed 10,600 jobs at -0.20% this month, compared to a revised 700 job gains in the previous
month.
Chicago shed 4,100 jobs at -0.10% in Dec 2012, compared to a revised 4,100 job losses last month. Meanwhile,
Downstate shed 3,500 jobs at -0.21%, compared to a revised 10,200 job gains in Nov.
In terms of the 12-month aggregated account, Metro registered a positive 0.81% growth by adding 41,800 jobs
whereas Rural added 100 jobs at 0.01%. Chicago added 43,100 jobs at 1.07% whereas Downstate shed 1,200 jobs
at -0.07%.
Through Dec 2012, the cumulative job growth for Metro, Rural, Chicago and Downstate compared to January
1990 stood at 8.58%, 8.08%, 8.19% and 9.38%, respectively.
Illinois Metro shed 10,600 jobs at -0.20% in Dec of 2012. Four 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
10.22% which is the highest among all the IL MSAs; Champaign-Urbana-Rantoul has experienced the lowest
average growth rate -14.84%.
In terms of growth performance, four MSAs posted a net improvement from Nov to Dec, 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, Champaign-Urbana-Rantoul reached the first place while Decatur remained in the
last place.
Illinois Jobs Index: MSA REPORT
release 02/05/2013
www.real.illinois.edu
page 1
Total non-farm Employment growth Jan 1990 – Dec 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
Talking Points


State,
Downstate
& Metro



While the average growth for Illinois between 1990 and 2008 was 0.04%, the average from December 2007 to
Dec 2012 is -0.08%. 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 -0.09% while for Rural it is
0.03%. The same rate for Upstate it is -0.09% while for Downstate is -0.05%.
Over the last 12-month period, the average growth rate for Metro was 0.07% and for Rural it was 0.03%.
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
0.06%, for the RMW is 0.10% while for the nation is 0.11%.
Downstate registered a near 0% average job growth in 2012 compared to an average gain of 0.10% growth in
2007, -0.17% decline in 2008, -0.32% decline in 2009, 0.09% growth in 2010 and 0.04% 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
Dec 2012
Number of
Jobs
90,300
103,600
4,065,500
176,400
51,200
43,800
180,300
145,900
112,400
232,200
Nov 2012 – Dec 2012
Growth
compared
to Illinois
+
+
+
+
+
Last 12 months
Growth
Rate %
Number
Of Jobs
Growth
Rate %
Number
of Jobs
0.31
0.39
-0.10
-1.21
-2.03
0.58
-1.68
-0.67
-0.29
0.07
-0.13
300
400
-4,100
-2,200
-1,100
300
-3,100
-1,000
-300
200
-7,600
0.94
2.66
1.07
-0.52
-3.46
2.27
-1.56
-0.39
0.36
0.03
0.74
800
2,700
43,100
-900
-1,800
1,000
-2,900
-600
400
60
41,900
release 02/05/2013
www.real.illinois.edu
page 2
MSA League Tables*: Non-farm Employment Growth Rate
Monthly growth:
Rank
Nov 2012
Dec 2012
Rank
Change**
1
Metro-East (0.2%)
Kankakee (0.58%)
1
(+5)
2
Davenport-Rock Island-Moline (0.16%)
Champaign-Urbana-Rantoul (0.39%)
2
(+3)
3
Chicago (0.11%)
Bloomington-Normal (0.31%)
3
(+1)
4
Bloomington-Normal (-0.23%)
Metro-East (0.07%)
4
(-3)
5
Champaign-Urbana-Rantoul (-0.25%)
Chicago (-0.1%)
5
(-2)
6
Kankakee (-0.55%)
Springfield (-0.29%)
6
(+2)
7
Rockford (-0.56%)
Rockford (-0.67%)
7
(+0)
8
Springfield (-0.66%)
Davenport-Rock Island-Moline (-1.21%)
8
(-6)
9
Peoria (-0.7%)
Peoria (-1.68%)
9
(+0)
10
Decatur (-1.38%)
Decatur (-2.03%)
10
(+0)
Growth over last 12-months:
Rank
Nov 2012
Dec 2012
Rank
Change**
1
Kankakee (1.12%)
Champaign-Urbana-Rantoul (2.66%)
1
(+5)
2
Chicago (0.94%)
Kankakee (2.27%)
2
(-1)
3
Springfield (0.88%)
Chicago (1.07%)
3
(-1)
4
Metro-East (0.78%)
Bloomington-Normal (0.94%)
4
(+4)
5
Peoria (0.44%)
Springfield (0.36%)
5
(-2)
6
Champaign-Urbana-Rantoul (0.39%)
Metro-East (0.03%)
6
(-2)
7
Rockford (0.28%)
Rockford (-0.39%)
7
(+0)
8
Bloomington-Normal (-0.07%)
Davenport-Rock Island-Moline (-0.52%)
8
(+1)
9
Davenport-Rock Island-Moline (-0.11%)
Peoria (-1.56%)
9
(-4)
10
Decatur (-1.44%)
Decatur (-3.46%)
10
(+0)
Talking Points




MSA League
Tables





Davenport-Rock Island-Moline (2nd to 8th) experienced the deepest fall this month.
Metro-East (1st to 4th) and Chicago (3rd to 5th) dropped in terms of rank from last month.
The most remarkable upward move in December was recorded for Kankakee (6th to 1st).
Champaign-Urbana-Rantoul (5th to 2nd), Bloomington-Normal (4th to 3st), Springfield (8th to 6th) also gained in
terms of rank from last month.
Rockford, Peoria and Decatur remained in the same place.
In the 12 months growth league table, upward moves were recorded for Champaign-Urbana-Rantoul (6th to
1st), Bloomington-Normal (8th to 4th), and Davenport-Rock Island-Moline (9th to 8th).
In the 12 months growth league table, downward moves were recorded for Kankakee (1st to 2nd), Chicago
(2nd to 3rd), Springfield (3rd to 5th), Metro-East (4th to 6th) and Peoria (5th to 9th).
Rockford and Decatur remained in the same place.
In the 12 months growth league table, Decatur remained in the last place and Champaign-Urbana-Rantoul
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 02/05/2013
www.real.illinois.edu
page 3
Dec 2012 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)
2.39
4.04
13.11
0.81
12.51
17.97
10.93
10.09
(2.6%)
(4.5%)
(14.5%)
(0.9%)
(13.8%) (19.9%) (12.1%) (11.2%)
3.15
8.02
17.02
2.50
4.40
7.99
13.16
10.84
Champaign-Urbana
(3.0%)
(7.7%)
(16.4%)
(2.4%)
(4.2%)
(7.7%)
(12.7%) (10.5%)
120.9
386.67
807.72
75.29
275.98
716.83
614.21
380.41
Chicago
(3.0%)
(9.5%)
(19.9%)
(1.9%)
(6.8%)
(17.6%) (15.1%)
(9.4%)
7.54
23.29
37.08
2.47
8.05
21.12
25.84
16.84
Davenport-Rock
Island-Moline
(4.3%)
(13.2%)
(21%)
(1.4%)
(4.6%)
(12%)
(14.6%)
(9.5%)
3.12
9.39
11.0
0.70
1.99
3.96
8.23
4.66
Decatur
(6.1%)
(18.4%) (21.5%)
(1.4%)
(3.9%)
(7.7%)
(16.1%)
(9.1%)
1.13
5.03
10.32
0.50
2.01
2.86
8.97
4.09
Kankakee
(2.6%)
(11.5%) (23.6%)
(1.1%)
(4.6%)
(6.5%)
(20.5%)
(9.3%)
7.01
25.85
34.14
2.47
7.17
22.63
34.6
17.42
Peoria
(3.9%)
(14.3%) (18.9%)
(1.4%)
(4.0%)
(12.6%) (19.2%)
(9.7%)
4.32
30.74
26.34
1.72
5.79
16.09
23.69
12.52
Rockford
(3.0%)
(21.1%) (18.1%)
(1.2%)
(4.0%)
(11%)
(16.2%)
(8.6%)
4.35
3.28
17.44
2.12
7.14
12.25
19.04
10.26
Springfield
(3.9%)
(2.9%)
(15.5%)
(1.9%)
(6.4%)
(10.9%) (16.9%)
(9.1%)
180.71
591.82
1141.75
98.07
366.19
856.48
862.08
533.82
IL
(3.2%)
(10.4%)
(20%)
(1.7%)
(6.4%)
(15%)
(15.1%)
(9.4%)
* The Illinois Department of Employment Security does not collect sector employment data for Metro-East
BloomingtonNormal
3.01
(3.3%)
3.16
(3.1%)
178.1
(4.4%)
7.43
(4.2%)
2.43
(4.8%)
1.82
(4.2%)
7.97
(4.4%)
8.45
(5.8%)
6.45
(5.7%)
236.58
(4.1%)
Government
(GOV)
15.23
(16.9%)
33.55
(32.4%)
509.86
(12.5%)
27.09
(15.4%)
5.69
(11.1%)
7.28
(16.6%)
21.32
(11.8%)
16.13
(11.1%)
30.37
(27%)
826.98
(14.5%)
Total non-farm Employment growth rate Jan 1990 – Dec 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
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 02/05/2013
www.real.illinois.edu
page 4
Employment Forecast for MSAs
MSAs
Dec 2012*
Dec 2013
(p)*
90,3900
BloomingtonNormal
Champaign-UrbanaRantoul
Sector with
Highest
Growth
Rate
(p)
Sector with
Lowest
Growth Rate
(p)
Number of
Jobs *
Growth Rate
%
Growth
89,700
-700~-100
-0.75%~-0.12%
-
GOV (4.1%)
INF (-10.1%)
103,600
102,700
-900~-800
-0.86%~-0.73%
-
PRO (0.7%)
MAN (-3.8%)
Chicago
4,065,500
4,070,100
4,600~5,300
0.11%~0.13%
+
TTU (3.6%)
CON (-9.7%)
Davenport-Rock
Island-Moline
176,400
174,100
-2,300~-1,500
-1.27%~-0.85%
-
EDU (0.7%)
INF (-6.4%)
Decatur
51,200
51,100
-100~300
-0.20%~0.54%
-
GOV (1.3%)
ING (-3.3%)
Kankakee
43,800
43,900
100~400
0.29%~0.95%
+
CON (1.3%)
FIN (-2.7%)
Peoria
180,300
180,200
-100~900
-0.06%~0.60%
-
PRO (1.9%)
TTU (-1.6%)
Rockford
145,900
143,200
-2,700~-2,100
-1.85%~-1.44%
-
PRO (1.4%)
CON (-12.1%)
Springfield
112,400
113,100
700~1,200
0.63%~1.09%
+
PRO (4.0%)
INF (-5.5%)
*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
Total Non-farm Employment Forecast
Champaign-Urbana-Rantoul (CU)
85000
60000
1990
1992
1994
1996
1998
2000
2002
2004
2006
2008
2010
1990
2012
1992
1994
1996
1998
2000
2002
2004
2006
2008
2010
2012
Year
Year
Number of Jobs
(in thousands)
4400000
Number of Jobs
(in thousands)
195000
Total Non-farm Employment Forecast
Chicago (CHI)
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
1990
2012
1992
1994
1996
1998
2000
2002
2004
2006
2008
Illinois Jobs Index: MSA REPORT
release 02/05/2013
2010
2012
Year
Year
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
Total Non-farm Employment Forecast
Kankakee (KA)
30000
46000
1990
1992
1994
1996
1998
2000
2002
2004
2006
2008
2010
1990
2012
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
1990
2012
1992
1994
1996
1998
2000
2002
2004
2006
2008
Number of Jobs
(in thousands)
120000
2010
2012
Year
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
Year
Illinois Jobs Index: MSA REPORT
release 02/05/2013
www.real.illinois.edu
page 6
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