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Carbondale Reporter

Sunday, May 19, 2024

MARION CHAMBER OF COMMERCE: Unemployment Rate Falls in All Metros for Second Consecutive Month

Unemployment

Marion Chamber of Commerce recently issued the following announcement.

Unemployment Rate Falls in All Metros for Second Consecutive Month

Unemployment rates decreased over-the-year in April in all of Illinois’s metropolitan areas, according to preliminary data released today by the U.S. Bureau of Labor Statistics (BLS) and the Illinois Department of Employment Security (IDES). Data also show nonfarm jobs increased in nine of the metropolitan areas.

“The unemployment rate has been below previous year levels in all metro areas for ten of the last eleven months,” said IDES Director Jeff Mays. “In fact, three metro areas saw their lowest unemployment rate on record for April.”

Illinois businesses added jobs in nine metro areas, with the largest increases in: Kankakee (+3.9 percent, +1,800), Lake (+1.9 percent, +7,800), and the Quad Cities (+1.5 percent, +2,700). Total nonfarm jobs in the Chicago-Naperville-Arlington Heights Metro Division increased (+0.7 percent or +25,300). Illinois businesses lost jobs in five metro areas with the largest losses in: Carbondale-Marion (-1.7 percent, -1,000), Springfield (-1.2 percent, -1,400), and Danville (-1.1 percent, -300).

The industry sectors recording job growth in the majority of metro areas included Transportation, Warehousing and Utilities (9 of 14), Professional and Business Services, (9 of 14), Manufacturing (8 of 14), Education and Health Services (8 of 14), and Leisure and Hospitality (8 of 14).

Not seasonally adjusted data compares April 2018 with April 2017. The not seasonally adjusted Illinois rate was 3.6 percent in April 2018 and stood at 12.2 percent at its peak in this economic cycle in January 2010. Nationally, the not seasonally adjusted unemployment rate was 3.7 percent in April 2018 and 10.6 percent in January 2010 at its peak. The unemployment rate identifies those who are out of work and looking for work, and is not tied to collecting unemployment insurance benefits.

Not Seasonally Adjusted Unemployment Rates 

Metropolitan AreaApr. 2018Apr. 2017Over-the-Year Change
Bloomington3.1%3.6%-0.5
Carbondale-Marion3.8%4.1%-0.3
Champaign-Urbana3.2%3.6%-0.4
Chicago-Naperville-Arlington Heights3.6%4.6%-1.0
Danville4.8%5.6%-0.8
Davenport-Moline-Rock Island, IA-IL3.5%4.1%-0.6
Decatur4.4%4.8%-0.4
Elgin3.7%4.2%-0.5
Kankakee4.2%4.7%-0.5
Lake-Kenosha, IL-WI3.4%3.9%-0.5
Peoria4.1%5.0%-0.9
Rockford4.2%6.5%-2.3
Springfield3.2%3.8%-0.6
St. Louis (IL-Section)3.4%4.1%-0.7
Illinois Statewide3.6%4.5%-0.9
     * Data subject to revision.

Total Nonfarm Jobs (Not Seasonally Adjusted) – April 2018

Metropolitan AreaApril

2018*

April

2017**

Over-the-Year Change
Bloomington MSA94,80095,400-600
Carbondale-Marion MSA57,60058,600-1,000
Champaign-Urbana MSA113,700112,800900
Chicago-Naperville-Arlington Heights Metro Division3,742,7003,717,40025,300
Danville MSA28,10028,400-300
Davenport-Moline-Rock Island MSA186,100183,4002,700
Decatur MSA51,20051,000200
Elgin Metro Division259,000256,7002,300
Kankakee MSA48,10046,3001,800
Lake-County-Kenosha County Metro Division419,800412,0007,800
Peoria MSA172,400172,900-500
Rockford MSA150,900149,3001,600
Springfield MSA112,500113,900-1,400
Illinois Section of St. Louis MSA241,500239,9001,600
Illinois Statewide6,082,9006,034,60048,300
                *Preliminary    **Revised   
 

Southern Illinois Highlights

Help Wanted

Area employers advertised for 2,300 positions in April and approximately 81 percent sought full-time employment, according to Help Wanted Online data compiled by the Conference Board, which is a global, independent business membership and research association.  Employers need more workers than the help wanted advertising indicated because some industries, such as Construction, typically do not post advertised job openings.

The not seasonally adjusted unemployment rate was 3.8 percent in April 2018 in the Carbondale-Marion Metropolitan Statistical Area (Jackson and Williamson Counties). This is a (-0.3%) decrease compared to April 2017, when the jobless rate was 4.1 percent. Unemployment decreased or remained unchanged in all 21 counties in the Southern Region compared to one year-ago.

Area employers continued to show demand in Transportation and Warehousing, Professional Services, Manufacturing, and Wholesale Trade in April 2018.

Decreased hiring demand occurred in Health Care and Social Assistance, Administrative Support Services, Public Administration, and Arts, Entertainment, and Recreation.

Top occupations for hire included Truck Drivers, Registered Nurses, Retail Salespersons, Medical and Health Services Managers, and Customer Service Representatives in April 2018.

The unemployment rate identifies those who are out of work and seeking employment. A person who exhausts benefits, or is ineligible, still will be reflected in the unemployment rate if they actively seek work.

Not Seasonally Adjusted Unemployment Rates

(percent) for Local Counties and Areas

Labor Market AreaApril

2018

April

2017

Over-the-Year Change
Carbondale-Marion MSA3.8%4.1%-0.3%
   Jackson County3.4%3.7%-0.3%
   Williamson County4.1%4.5%-0.4%
Other Area Counties   
   Alexander County6.0%6.7%-0.7%
   Franklin County4.9%5.8%-0.9%
   Johnson County6.1%6.2%-0.1%
   Massac County5.4%5.7%-0.3%
   Perry County4.5%5.2%-0.7%
   Pulaski County6.3%7.5%-1.2%
   Randolph County3.1%3.6%-0.5%
   Union County5.2%5.8%-0.6%
Harrisburg Area   
   Gallatin County4.3%5.1%-0.8%
   Hamilton County3.4%4.0%-0.6%
   Hardin County5.9%6.4%-0.5%
   Pope County4.2%5.4%-1.2%
   Saline County5.3%5.3% 0.0%
   White County3.4%4.3%-0.9%
Olney - Mt. Carmel Area   
   Edwards County3.4%3.6%-0.2%
   Lawrence County4.3%5.3%-1.0%
   Richland County3.5%4.0%-0.5%
   Wabash County3.1%4.5%-1.4%
   Wayne County4.4%5.7%-1.3%
Note: Monthly 2017 unemployment rates and total nonfarm jobs for Illinois metro areas were revised in February and March 2018, as required by the U.S. BLS.  Comments and tables distributed for prior metro area news releases should be discarded as any records or historical analysis previously cited may no longer be valid.

Original source can be found here.

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