IllinoisJob Index: MSA Report

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IllinoisJob Index:
MSA Report
Release
data
Issue
09/30/2012
Jan 1990 / Aug 2012
15.08
Note: IDES revised their estimates for the number of jobs at the beginning of 2012.
www.real.illinois.edu
As a companion to the 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
September
2012
Nation
Rest of Midwest (RMW)
Illinois
Illinois Metro
Illinois non-Metro (Rural)
Illinois Chicago (Upstate)
Illinois non-Chicago
Aug 2011
Number of
Jobs
133,300,000
18,944,400
5,698,500
5,213,100
484,600
4,068,000
1,629,700
Jul 2012 – Aug 2012
Growth
Rate
(%)
0.07
0.11
0.17
0.20
-0.28
0.19
0.08
Number
of Jobs
96,000
21,700
9,600
10,200
-1,400
7,500
1,300
Last 12 months
Growth
Rate
(%)
1.37
1.19
0.69
0.94
-2.11
1.01
-0.14
Number
of Jobs
1,808,000
223,100
39,100
48,700
-10,500
40,500
-2,200
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 9,600 jobs in Aug 2012, compared with a 5,100 job changes in Jul 2012. Compared to Aug 2011,
Illinois has added 39,100 jobs. The three-month moving average of jobs, a more stable measure of labor market,
was up by 1,500 jobs per month.
Illinois has lost 287,700 jobs since the economic crisis developed in December 2007.
Since January 2010 when Illinois employment resumed after the national recession, Illinois has added 116,900 new jobs.
The major geographic divisions, Chicago-Downstate had positive performance while Metro-Rural had mixed
performance.
Illinois Rural area shed 1,400 jobs at -0.28% this month, compared to a revised 3,600 job losses in Jul. At the
same time, Metro added 10,200 jobs at 0.20% this month, compared to a revised 1,500 job losses in the previous
month.
Chicago added 7,500 jobs at 0.19% in Aug 2012, compared to a revised 0 job gains last month. On the other
hand, Downstate added 1,300 jobs at 0.08%, compared to a revised 5,100 job losses in Jul.
In terms of the 12-month aggregated account, Metro registered a positive 0.94% growth by adding 48,700 jobs
whereas Rural shed 10,500 jobs at -2.11%. Chicago added 40,500 jobs at 1.01% whereas Downstate shed 2,200
jobs at -0.14%.
Through Aug 2012, the cumulative job growth for Metro, Rural, Chicago and Downstate compared to January
1990 stood at 8.82%, 1.43%, 8.26% and 7.88%, respectively.
Illinois Metro added 10,200 jobs at 0.20% in Aug of 2012. Seven out of the ten MSAs posted positive growth in
Aug.
Since the job recovery resumes in Jan 2010 in the IL state, MSA Peoria has shown an average growth rate of
0.21% which is the highest among all the IL MSAs; Champaign-Urbana-Rantoul has experienced the lowest
average growth rate -0.18%.
In terms of growth performance, four MSAs posted a net improvement from Jul to Aug, four declined in terms of
rank.
Rockford 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, Peoria remained in the first place while Decatur remained in the last place.
Illinois Jobs Index: MSA REPORT
release 09/30/2012
www.real.illinois.edu
page 1
Total non-farm Employment growth Jan 1990 – Aug 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
Aug 2012 is -0.09%. This is no better than the performance during the 2000-2004 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
-0.09%. The same rate for Upstate it is -0.09% while for Downstate is -0.08%.
Over the last 12-month period, the average growth rate for Metro was 0.08% and for Rural it was -0.16%.
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%. So far until June 2012, the average growth rate
for Illinois is 0.06%, for the RMW is 0.11% while for the nation is 0.12%.
Downstate registered a -0.16% average decline 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
Aug 2012
Number of
Jobs
90,600
103,300
4,068,000
179,000
52,600
42,500
185,500
147,700
111,500
232,300
Jul 2012 –Aug 2012
Growth
compared
to Illinois
+
+
+
+
+
+
+
Last 12 months
Growth
Rate %
Number
Of Jobs
Growth
Rate %
Number
of Jobs
0.45
-0.33
0.19
0.16
2.79
-0.44
0.51
-0.46
0.34
0.18
0.15
400
-400
7,500
300
1,400
-200
900
-700
400
400
8,800
1.85
-0.06
1.01
0.00
-0.49
0.32
2.29
1.99
-0.01
-0.12
0.68
1,600
-60
40,500
0
-300
100
4,200
2,900
-20
-300
38,300
release 09/30/2012
www.real.illinois.edu
page 2
MSA League Tables*: Non-farm Employment Growth Rate
Monthly growth:
Rank
Jul 2012
Aug 2012
Rank
Change**
1
Rockford (0.44%)
Decatur (2.79%)
1
(+9)
2
Champaign-Urbana-Rantoul (0.24%)
Peoria (0.51%)
2
(+5)
3
Springfield (0.2%)
Bloomington-Normal (0.45%)
3
(+3)
4
Metro-East (0.09%)
Springfield (0.34%)
4
(-1)
5
Chicago (0%)
Chicago (0.19%)
5
(+0)
6
Bloomington-Normal (-0.07%)
Metro-East (0.18%)
6
(-2)
7
Peoria (-0.3%)
Davenport-Rock Island-Moline (0.16%)
7
(+1)
8
Davenport-Rock Island-Moline (-0.67%)
Champaign-Urbana-Rantoul (-0.33%)
8
(-6)
9
Kankakee (-0.81%)
Kankakee (-0.44%)
9
(+0)
10
Decatur (-1.27%)
Rockford (-0.46%)
10
(-9)
Growth over last 12-months:
Rank
Jul 2012
Aug 2012
Rank
Change**
1
Peoria (1.65%)
Peoria (2.29%)
1
(+0)
2
Kankakee (1.04%)
Rockford (1.99%)
2
(+1)
3
Rockford (0.89%)
Bloomington-Normal (1.85%)
3
(+2)
4
Chicago (0.77%)
Chicago (1.01%)
4
(+0)
(-3)
5
Bloomington-Normal (0.16%)
Kankakee (0.32%)
5
6
Champaign-Urbana-Rantoul (-0.16%)
Davenport-Rock Island-Moline (0%)
6
(+3)
7
Springfield (-0.19%)
Springfield (-0.01%)
7
(+0)
8
Metro-East (-0.2%)
Champaign-Urbana-Rantoul (-0.06%)
8
(-2)
9
Davenport-Rock Island-Moline (-1.02%)
Metro-East (-0.12%)
9
(-1)
10
Decatur (-3.75%)
Decatur (-0.49%)
10
(+0)
Talking Points


MSA League
Tables





Rockford (1st to 10th) experienced the deepest fall this month.
Springfield (3rd to 4th), Metro-East (4th to 6th) and Champaign-Urbana-Rantoul (2nd to 8th) also dropped in
terms of rank from last month.
The most remarkable upward move in August was recorded for Decatur (10th to 1st).
Peoria (7th to 2nd), Bloomington-Normal (6th to 3rd) and Davenport-Rock Island-Moline (8th to 7th) also
gained in terms of rank from last month.
In the 12 months growth league table, upward moves were recorded for Rockford (3rd to 2nd), BloomingtonNormal (5th to 3rd) and Davenport-Rock Island-Moline (9th to 6th) while downward moves were recorded for
Kankakee (2nd to 5th), Champaign-Urbana-Rantoul (6th to 8th) and Metro-East (8th to 9th).
Peoria, Chicago, Springfield and Decatur remained in the same place.
In the 12 months growth league table, Decatur remained in the last place and Peoria remained in 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 09/30/2012
www.real.illinois.edu
page 3
Aug 2012 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)
2.41
4.16
12.67
0.79
12.22
18.34
11.02
10.22
(2.7%)
(4.6%)
(14%)
(0.9%)
(13.5%) (20.3%) (12.2%) (11.3%)
3.12
8.03
17.3
2.76
4.27
7.90
13.2
10.92
Champaign-Urbana
(3.0%)
(7.7%)
(16.7%)
(2.7%)
(4.1%)
(7.6%)
(12.7%) (10.5%)
126.00
386.28
806.73
75.5
275.97
715.18
608.74
380.63
Chicago
(3.1%)
(9.5%)
(19.8%)
(1.9%)
(6.8%)
(17.6%)
(15%)
(9.4%)
8.31
24.46
37.04
2.52
8.04
21.56
25.83
17.18
Davenport-Rock
Island-Moline
(4.6%)
(13.6%) (20.7%)
(1.4%)
(4.5%)
(12%)
(14.4%)
(9.6%)
3.24
10.72
10.82
0.70
1.98
3.87
8.18
4.63
Decatur
(6.2%)
(20.4%) (20.6%)
(1.3%)
(3.8%)
(7.4%)
(15.6%)
(8.8%)
1.16
5.02
10.14
0.50
1.87
2.79
8.48
3.95
Kankakee
(2.7%)
(11.8%) (23.8%)
(1.2%)
(4.4%)
(6.6%)
(19.9%)
(9.3%)
7.17
30.2
34.73
2.46
7.20
22.98
33.6
17.54
Peoria
(3.9%)
(16.3%) (18.7%)
(1.3%)
(3.9%)
(12.4%) (18.1%)
(9.4%)
4.65
31.76
27.4
1.74
5.75
16.03
23.63
12.51
Rockford
(3.1%)
(21.5%) (18.5%)
(1.2%)
(3.9%)
(10.8%)
(16%)
(8.5%)
4.25
3.27
17.26
1.83
7.05
12.50
19.13
10.06
Springfield
(3.8%)
(2.9%)
(15.5%)
(1.6%)
(6.3%)
(11.2%) (17.1%)
(9.0%)
190.59
576.82
1137.46
100.09
360.73
835.46
854.69
518.22
IL
(3.4%)
(10.2%) (20.1%)
(1.8%)
(6.4%)
(14.7%) (15.1%)
(9.1%)
* The Illinois Department of Employment Security does not collect sector employment data for Metro-East
BloomingtonNormal
Government
(GOV)
2.95
(3.3%)
3.19
(3.1%)
176.88
(4.4%)
7.38
(4.1%)
2.35
(4.5%)
1.63
(3.8%)
7.97
(4.3%)
8.42
(5.7%)
6.34
(5.7%)
244.53
(4.3%)
16.02
(17.7%)
32.68
(31.5%)
509.89
(12.5%)
27.22
(15.2%)
6.01
(11.4%)
7.08
(16.6%)
21.91
(11.8%)
16.38
(11.1%)
29.92
(26.8%)
834.05
(14.7%)
Total non-farm Employment growth rate Jan 1990 – Aug 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 09/30/2012
www.real.illinois.edu
page 4
Employment Forecast for MSAs
MSAs
BloomingtonNormal
Champaign-UrbanaRantoul
Aug 2012*
Aug 2013
(p)*
90,500
Sector with
Highest
Growth
Rate
(p)
Sector with
Lowest
Growth Rate
(p)
Number of
Jobs *
Growth Rate
%
Growth
90700
100~200
0.15%~0.22%
+
CON (2.6%)
INF (-8.0%)
103,300
104,300
1,000~1,100
0.95%~1.09%
+
GOV (4.2%)
CON (-5.6%)
Chicago
4,068,000
4,080,100
12,000~15,400
0.30%~0.38%
+
TTU (3.6%)
CON (-12.6%)
Davenport-Rock
Island-Moline
179,000
177,700
-1,400~-700
-0.78%~-0.38%
-
TTU (2.6%)
CON (-7.0%)
Decatur
52,600
52,200
-400~-100
-0.68%~-0.12%
-
PRO (5.5%)
CON (-6.6%)
Kankakee
43,500
44,300
700~1,100
1.69%~2.57%
+
TTU (6.1%)
FIN (-0.9%)
Peoria
185,500
183,300
100~400
-1.00%~-1.22%
-
OTH (1.8%)
MAN (-6.9%)
Rockford
147,700
145,500
-2,100~-1,500
-1.45%~-1.01%
-
GOV (2.3%)
CON (-7.5%)
Springfield
111,500
113,500
1,900~2,300
1.74%~2.02%
+
INF (9.5%)
MAN (-3.1%)
*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 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013
1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013
Year
Number of Jobs
(in thousands)
4400000
Total Non-farm Employment Forecast
Champaign-Urbana-Rantoul (CU)
Year
Number of Jobs
(in thousands)
195000
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 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013
Year
Illinois Jobs Index: MSA REPORT
1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013
Year
release 09/30/2012
www.real.illinois.edu
page 5
Total Non-farm Employment Forecast
Decatur (DE)
Number of Jobs
(in thousands)
62000
Total Non-farm Employment Forecast
Kankakee (KA)
Number of Jobs
(in thousands)
46000
60000
44000
58000
42000
56000
40000
54000
38000
52000
36000
50000
34000
48000
32000
30000
46000
1990
1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012
1992
1994
1996
1998
2000
2002
2004
2006
2008
2010
2012
Year
Year
Total Non-farm Employment Forecast
Peoria (PE)
Number of Jobs
(in thousands)
200000
Total Non-farm Employment Forecast
Rockford (RO)
Number of Jobs
(in thousands)
170000
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
2010
2012
Year
Year
Total Non-farm Employment Forecast
Springfield (SP)
Number of Jobs
(in thousands)
120000
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 09/30/2012
www.real.illinois.edu
page 6
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