Note: IDES revised their estimates for the number of jobs at the beginning of 2015.
IllinoisJob Index:
MSA ReportRelease
Jan29/2016 / data
Jan 1990 /December2015 / Issue
16.01 /
Jan
2016 / Total non-farm employment / December2015Number of Jobs / Nov2015 –Dec2015 / Last 12 months
Growth
Rate
(%) / Number of Jobs / Growth Rate
(%) / Number of Jobs
Nation / 143,242,000 / 0.20 / 292,000 / 1.88 / 2,650,000
Rest of Midwest (RMW) / 20,071,100 / 0.14 / 27,100 / 1.50 / 296,900
Illinois / 5,904,000 / -0.28 / -16,300 / -0.05 / -3,000
Illinois Metro / 5,176,000 / -0.13 / -6,800 / 0.38 / 19,600
Illinois non-Metro (Rural) / 728,100 / -1.30 / -9,600 / -3.01 / -22,600
IllinoisChicago (Upstate) / 4,026,600 / -0.10 / -4,200 / 0.54 / 21,600
Illinois non-Chicago / 1,877,400 / -0.64 / -12,100 / -1.29 / -24,600
As a companion to the Sep 2014 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.
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 PointsState, Downstate & Metro /
- Illinois lost l6,300 jobs in December 2015, compared with a6,500 job loss inNovember 2015. Compared to December 2014, Illinois has lost 3,000 jobs. The three-month moving average, a more stable measure of labor market, showed a decrease of 3,000 jobs per month.
- Illinois has a net loss of 83,900jobs since the economic crisis developed in December 2007.
- Since January 2010 when Illinois employment resumed after the national recession, Illinois has added 319,100 new jobs.
- Chicago-Downstateand Metro-Rural both had negative performances.
- Illinois Rural arealost9,600 jobs at-1.30% this month, compared to a revised2,100 jobgaininNovember2015. At the same time, Metrolost6,800 jobs at -0.13% in December, compared to a revised 8,600 job lossin the previous month.
- Chicago lost4,200 jobs at -0.10% in December2015, compared to a revised 8,700 job lossin November. Meanwhile, Downstate lost12,100 jobs at -0.64%, compared to a revised 2,200 job gainin the previous month.
- In terms of the 12-month aggregated account, Metro registered a positive0.38% growth by adding 19,600 jobs whereas Rurallost22,600jobs at -3.01%. Chicago added21,600jobs at 0.54% whereas Downstate lost24,600jobs at -1.29%.
- Through December2015, the cumulative job growth for Metro, Rural, Chicago and Downstate compared to January 1990 stood at 12.33%, 10.24%,12.77% and10.59%respectively.
MSA
page (2-4) /
- Illinois Metro lost6,800 jobs at -0.13% in December 2015. Threeout of ten MSAs posted positive growth.
- Since the job recovery resumed in January 2010 in Illinois, Chicago Upstate has shown an average growth rate of 10.46%, which is the highest among all the IL MSAs; Decaturhas experienced the lowest average growth rate,-4.16%.
- In terms of growth performance,four MSAs posted net improvements fromNovemberto December, three declined in terms of rank.
- Bloomington-Normaldropped to the last place in terms of monthly growth performance, while Kankakee climbed tothe first place.
- In the 12 months growth league table, Davenport-Rock Island-Moline remained in the last place while Champaign-Urbana-Rantoul remained in the first place.
Total non-farm Employment growth Jan 1990 – December 2015
Talking Points
State, Downstate & Metro /
- While the average growth for Illinois between 1990 and 2008 was 0.04%, the average from December 2007 toDecember2015was -0.01%. This is better than the performance during the 2000-2001 downturns which saw a decline of -0.09%.
- Since the economic crisis in December 2007, the average growth for Metro is -0.01% while for Rural it is -0.06%. The same rate for Chicago (Upstate)is 0.00% and for Downstate it is-0.05%.
- Over the last 12-month period, the average growth rate for Metro was 0.03% and for Rural it was-0.25%.
- Downstate registered a-0.11% average job loss in 2015 compared to an average gain of 0.04% in 2007, -0.11% decline in 2008, -0.35% decline in 2009, 0.13% growth in 2010, 0.01% growth in 2011, 0.11% growth in 2012, -0.03% decline in 2013 and 0.08% job growth in 2014.
Average Growth Rates for Illinois, RMW and the Nation
2011(%) / 2012(%) / 2013(%) / 2014(%) / 2015(%)
Illinois / 0.08 / 0.12 / 0.07 / 0.09 / 0.00
RMW / 0.13 / 0.12 / 0.12 / 0.12 / 0.12
Nation / 0.13 / 0.14 / 0.14 / 0.19 / 0.16
By MSA
Market Area / Dec2015 Number of Jobs / Nov2015 –Dec2015 / Last 12 monthsGrowth compared to Illinois / Growth Rate % / Number
Of Jobs / Growth Rate % / Number
of Jobs
Bloomington-Normal (B-N) / 94,300 / - / -0.68 / -600 / 0.16 / 100
Champaign-Urbana (C-U-R) / 108,600 / + / -0.28 / -300 / 0.88 / 1,000
Chicago / 4,026,600 / + / -0.10 / -4,200 / 0.54 / 21,600
Davenport-Rock Island-Moline (D-R-M) / 179,200 / - / -0.56 / -1,000 / -2.44 / -4,500
Decatur / 50,100 / - / -0.68 / -300 / -1.79 / -900
Kankakee / 44,900 / + / 0.14 / 100 / -0.01 / 0
Peoria / 178,200 / + / 0.11 / 200 / 0.18 / 300
Rockford / 151,100 / + / -0.22 / -300 / -0.18 / -300
Springfield / 112,800 / - / -0.34 / -400 / 0.47 / 500
Metro-East / 230,100 / + / 0.10 / 200 / 0.76 / 1,700
Illinois / -0.28 / -16,300 / -0.05 / -3,000
MSA League Tables*: Non-farm Employment Growth Rate
Monthly growth:
Rank / November2015 / December 2015 / Rank / Change**1 / Champaign-Urbana-Rantoul(0.3%) / Kankakee(0.14%) / 1 / (+9)
2 / Springfield (0.25%) / Peoria(0.11%) / 2 / (+1)
3 / Peoria(0.16%) / Metro-East(0.1%) / 3 / (+3)
4 / Bloomington-Normal(0.12%) / Chicago(-0.1%) / 4 / (+3)
5 / Rockford (0.06%) / Rockford (-0.22%) / 5 / (+0)
6 / Metro-East(-0.03%) / Champaign-Urbana-Rantoul(-0.28%) / 6 / (-5)
7 / Chicago(-0.05%) / Springfield (-0.34%) / 7 / (-5)
8 / Davenport-Rock Island-Moline(-0.17%) / Davenport-Rock Island-Moline(-0.56%) / 8 / (+0)
9 / Decatur(-0.38%) / Decatur(-0.68%) / 9 / (+0)
10 / Kankakee(-0.73%) / Bloomington-Normal(-0.68%) / 10 / (-6)
Growth over last 12-months:
Rank / November 2015 / December 2015 / Rank / Change**1 / Champaign-Urbana-Rantoul (1.54%) / Champaign-Urbana-Rantoul (0.88%) / 1 / (+0)
2 / Springfield (1.27%) / Metro-East (0.76%) / 2 / (+3)
3 / Chicago (1.02%) / Chicago (0.54%) / 3 / (+0)
4 / Bloomington-Normal (0.97%) / Springfield (0.47%) / 4 / (-2)
5 / Metro-East (0.78%) / Peoria (0.18%) / 5 / (+2)
6 / Rockford (-0.18%) / Bloomington-Normal (0.16%) / 6 / (-2)
7 / Peoria (-0.29%) / Kankakee (-0.01%) / 7 / (+1)
8 / Kankakee (-0.51%) / Rockford (-0.18%) / 8 / (-2)
9 / Decatur (-1.19%) / Decatur (-1.79%) / 9 / (+0)
10 / Davenport-Rock Island-Moline (-1.75%) / Davenport-Rock Island-Moline (-2.44%) / 10 / (+0)
Talking Points
MSA League
Tables /
- Bloomington-Normal(4thto 10th) experienced the deepest fall in December 2015.
- Champaign-Urbana-Rantoul (1st to 6th) andSpringfield (2nd to 7th)alsodropped in terms of rank from last month.
- The most remarkable upward move inDecemberwas recorded forKankakee(9th to 1st).
- In the 12-month growth league table, upward moves were recorded for Metro-East (5th to 2nd), Peoria (7th to 5th) andKankakee(8th to 7th).
- Downward moveswere recorded for Springfield(2nd to 4th), Bloomington-Normal (4th to 6th) andRockford (6th to 8th).
- In the 12 months growth league table, Davenport-Rock Island-Molineremained in the last placewhile Champaign-Urbana-Rantoulremained 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
December2015 MSA Employment by Sectors (000s) *Market Area / Construc-tion (CON) / Manufac-turing (MAN) / Trade, transportation & utilities (TTU) / Informa-tion
(INF) / Financial activities (FIN) / Professional & business services (PRO) / Education & health (EDU) / Leisure & hospitality (LEI) / Other Services (OTH) / Govern-ment (GOV)
Bloomington-Normal / 2.29 (2.4%) / 4.81 (5.1%) / 15.88 (16.8%) / 0.7 (0.7%) / 12.04 (12.8%) / 17.44 (18.5%) / 10.88 (11.5%) / 11.45 (12.1%) / 3.82 (4.1%) / 14.96 (15.9%)
Champaign-Urbana / 3.13 (2.9%) / 7.98 (7.3%) / 16.81 (15.5%) / 2.19 (2%) / 4.34 (4%) / 8.26 (7.6%) / 14.91 (13.7%) / 11.56 (10.6%) / 3.39 (3.1%) / 35.94 (33.1%)
Chicago / 136.5 (3.4%) / 331.84 (8.2%) / 805.74 (20%) / 74.3 (1.8%) / 269.14 (6.7%) / 747.02 (18.6%) / 620.68 (15.4%) / 385.1 (9.6%) / 175.09 (4.3%) / 478.69 (11.9%)
Davenport-Rock Island-Moline / 8.85 (4.9%) / 24.29 (13.6%) / 38.36 (21.4%) / 2.3 (1.3%) / 7.82 (4.4%) / 20.75 (11.6%) / 25.48 (14.2%) / 18.24 (10.2%) / 7.36 (4.1%) / 25.46 (14.2%)
Decatur / 3.38 (6.7%) / 10.17 (20.3%) / 10.16 (20.3%) / 0.6 (1.2%) / 1.91 (3.8%) / 3.51 (7%) / 8.06 (16.1%) / 4.78 (9.5%) / 2.2 (4.4%) / 5.37 (10.7%)
Kankakee / 1.14 (2.5%) / 5.73 (12.8%) / 10.5 (23.4%) / 0.4 (0.9%) / 1.92 (4.3%) / 3.85 (8.6%) / 8.69 (19.3%) / 4.18 (9.3%) / 1.7 (3.8%) / 6.81 (15.2%)
Peoria / 7.6 (4.3%) / 25.69 (14.4%) / 31.85 (17.9%) / 2.21 (1.2%) / 7.58 (4.3%) / 18.5 (10.4%) / 34.88 (19.6%) / 20.84 (11.7%) / 7.86 (4.4%) / 21.11 (11.8%)
Rockford / 4.39 (2.9%) / 32.04 (21.2%) / 28.39 (18.8%) / 1.41 (0.9%) / 5.64 (3.7%) / 16.71 (11.1%) / 23.74 (15.7%) / 13.35 (8.8%) / 8.74 (5.8%) / 16.69 (11%)
Springfield / 4.67 (4.1%) / 3.02 (2.7%) / 17.74 (15.7%) / 1.54 (1.4%) / 6.99 (6.2%) / 10.39 (9.2%) / 20.85 (18.5%) / 11.06 (9.8%) / 6.65 (5.9%) / 29.73 (26.4%)
IL / 210.56 (3.6%) / 567.1 (9.6%) / 1174.93 (19.9%) / 96.51 (1.6%) / 368.8 (6.2%) / 928.01 (15.7%) / 901.45 (15.3%) / 563.9 (9.6%) / 253.7 (4.3%) / 830.63 (14.1%)
* The Illinois Department of Employment Security does not collect sector employment data for Metro-East
Total non-farm Employment growth rate Jan 1990 –December 2015MSA 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.
Employment Forecast for MSAs
MSAs / December2015* / December2016 (p)* / Number of Jobs * / Growth Rate % / Growth / Sector withHighest
Growth Rate
(p) / Sector with Lowest Growth Rate (p)
Bloomington-Normal / 94,300 / 94,800 / 500 ~ 600 / 0.50%~ 0.67% / + / GOV(5.51%) / INF (-12.79%)
Champaign-Urbana-Rantoul / 108,600 / 109,000 / 400~500 / 0.35%~0.43% / + / INF (7.37%) / MAN (-1.50%)
Chicago / 4,026,000 / 4,006,100 / -19,800~24,700 / -0.49%~0.61% / - / TTU(4.93%) / PRO (-6.89%)
Davenport-Rock Island-Moline / 179,200 / 179,100 / -100~200 / -0.08%~0.09% / - / EDU (3.60%) / INF (-3.66%)
Decatur / 50,300 / 49,400 / -900~-800 / -1.61%~-1.76% / - / PRO (2.11%) / INF (-6.56%)
Kankakee / 44,800 / 45,500 / 700~1,200 / 1.45%~2.69% / + / PRO (4.93%) / MAN(-1.53%)
Peoria / 178,200 / 178,300 / 100~500 / 0.04%~0.27% / + / PRO (4.02%) / LEI (-3.92%)
Rockford / 151,200 / 151,230 / 60~700 / 0.04%~0.43% / + / EDU (2.30%) / CON (-7.14%)
Springfield / 112,800 / 112,500 / -300~-230 / -0.23%~-0.20% / - / EDU (2.44%) / INF(-11.21%)
*Total Non-Farm Jobs
Illinois Jobs Index: MSA REPORT / release 1/29/2016 / / page 1