Note: IDES revised their estimates for the number of jobs at the beginning of 2016.

Illinois Job Index:

MSA Report
Release
June 29/2017 / data
Jan 1990 /May 2017 / Issue
17.06 / www.real.illinois.edu
June
2017 / Total non-farm employment / May 2017 Number of Jobs / Apr 2017 –May 2017 / Last 12 months
Growth
Rate
(%) / Number of Jobs / Growth Rate
(%) / Number of Jobs
Nation / 146,135,000 / 0.09 / 138,000 / 1.58 / 2,266,000
Rest of Midwest (RMW) / 20,430,600 / 0.06 / 12,700 / 1.29 / 259,800
Illinois / 6,031,600 / 0.04 / 2,400 / 0.58 / 34,700
Illinois Metro / 5,299,300 / 0.14 / 7,700 / 0.68 / 35,700
Illinois non-Metro (Rural) / 732,300 / -0.71 / -5,300 / -0.13 / -1,000
Illinois Chicago (Upstate) / 4,139,600 / 0.14 / 6,000 / 0.76 / 31,100
Illinois non-Chicago / 1,892,000 / -0.19 / -3,600 / 0.19 / 3,600

As a companion to the Sep 2014 Illinois Job Index that reports and 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 Points
State, Downstate & Metro / §  Illinois added 2,400 jobs in May 2017, compared with a revised 7,300 job loss in April 2017. Compared to May 2016, Illinois has added 34,700 jobs. The three-month moving average, a more stable measure of labor market, showed a decrease of 4,200 jobs per month.
§  The state of Illinois now has 46,400 more jobs than in December 2007 when the recent recession started.
§  Since January 2010 when Illinois employment resumed after the national recession, Illinois has added 447,900 new jobs.
§  Chicago-Downstate and Metro-Rural all had mixed performances.
§  Illinois Rural area lost 5,300 jobs at -0.71% this month, compared to a revised 1,500-job gain in April 2017. At the same time, Metro added 7,700 jobs at 0.14% in May, compared to a revised 8,800-job loss in the previous month.
§  Chicago added 6,000 jobs at 0.14% in May 2017, compared to a revised 8,400 job loss in April 2017. Meanwhile, Downstate lost 3,600 jobs at -0.19%, compared to a revised 1,100-job gain in the previous month.
§  In terms of the 12-month aggregated account, Metro registered a positive 0.68% growth by adding 35,700 jobs whereas Rural lost 1,100 jobs at -0.13%. Chicago added 31,100 jobs at 0.76% and Downstate added 3,600 jobs at 0.19%.
§  Through May 2017, the cumulative job growth for Metro, Rural, Chicago and Downstate compared to January 1990 stood at 15.01%, 10.87%, 15.93% and 11.45% respectively.
MSA
page (2-4) / §  Illinois Metro added 7,700 jobs at 0.14% in May 2017. Eight out 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 11.67%, which is the highest among all the IL MSAs; Bloomington-Normal has experienced the lowest average growth rate, -3.03%.
§  In terms of growth performances, four MSAs posted net improvements from April to May and four declined in terms of rank.
§  Decatur dropped to the last place in terms of monthly growth performance, while Rockford climbed to the first place.
§  In the 12-month growth league table, Rockford remained in the last place while Kankakee remained in the first place.
Total non-farm Employment growth Jan 1990 – May 2017
Talking Points
State, Downstate & Metro / §  While the average growth for Illinois between 1990 and 2008 was 0.04%, the average from December 2007 to May 2017 was 0.007%. 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 -0.04%. The same rate for Chicago (Upstate) is 0.03% and for Downstate it is -0.04%.
§  Over the last 12-month period, the average growth rate for Metro was 0.06% and for Rural it was -0.01%.
§  Downstate registered a -0.17% average job loss in 2017, 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, 0.08% job growth in 2014, -0.01% job loss in 2015 and 0.04% growth in 2016.
Average Growth Rates for Illinois, RMW and the Nation
2013(%) / 2014(%) / 2015(%) / 2016(%) / 2017(%)
Illinois / 0.07 / 0.09 / 0.00 / 0.03 / 0.03
RMW / 0.12 / 0.12 / 0.12 / 0.11 / 0.07
Nation / 0.14 / 0.19 / 0.16 / 0.13 / 0.11

By MSA

Market Area / May 2017 Number of Jobs / April 2017 –May 2017 / Last 12 months
Growth compared to Illinois / Growth Rate % / Number
Of Jobs / Growth Rate % / Number
of Jobs
Bloomington-Normal (B-N) / 93,500 / + / 0.09 / 100 / 0.96 / 900
Champaign-Urbana (C-U-R) / 108,900 / - / 0.03 / 50 / 0.17 / 200
Chicago / 4,139,600 / + / 0.14 / 6,000 / 0.76 / 31,100
Davenport-Rock Island-Moline (D-R-M) / 183,400 / + / 0.06 / 100 / 0.22 / 400
Decatur / 51,200 / - / -0.41 / -200 / -0.56 / -300
Kankakee / 45,300 / + / 0.11 / 100 / 2.70 / 1,200
Peoria / 176,000 / + / 0.13 / 200 / 0.81 / 1,400
Rockford / 149,800 / + / 0.75 / 1,100 / -1.00 / -1,500
Springfield / 115,800 / - / -0.05 / -100 / 1.21 / 1,400
Metro-East / 235,800 / + / 0.15 / 400 / 0.36 / 1,000
Illinois / 0.04 / 2,400 / 0.58 / 34,700

MSA League Tables*: Non-farm Employment Growth Rate

Monthly growth:

Rank / April 2017 / May 2017 / Rank / Change**
1 / Peoria (1.02%) / Rockford (0.75%) / 1 / Ç(+2)
2 / Metro-East (0.1%) / Metro-East (0.15%) / 2 / Å(+0)
3 / Rockford (-0.2%) / Chicago (0.14%) / 3 / Ç(+3)
4 / Bloomington-Normal (-0.26%) / Peoria (0.13%) / 4 / È(-3)
5 / Davenport-Rock Island-Moline (-0.27%) / Kankakee (0.11%) / 5 / Ç(+2)
6 / Chicago (-0.28%) / Bloomington-Normal (0.09%) / 6 / È(-2)
7 / Kankakee (-0.28%) / Davenport-Rock Island-Moline (0.06%) / 7 / È(-2)
8 / Decatur (-0.35%) / Champaign-Urbana-Rantoul (0.03%) / 8 / Ç(+2)
9 / Springfield (-0.41%) / Springfield (-0.05%) / 9 / Å(+0)
10 / Champaign-Urbana-Rantoul (-0.55%) / Decatur (-0.41%) / 10 / È(-2)

Growth over last 12-months:

Rank / April 2017 / May 2017 / Rank / Change**
1 / Kankakee (0.7%) / Kankakee (2.7%) / 1 / Å(+0)
2 / Chicago (0.35%) / Springfield (1.21%) / 2 / Ç(+3)
3 / Metro-East (0.16%) / Bloomington-Normal (0.96%) / 3 / Ç(+4)
4 / Peoria (0.13%) / Peoria (0.81%) / 4 / Å(+0)
5 / Springfield (0%) / Chicago (0.76%) / 5 / È(-3)
6 / Davenport-Rock Island-Moline (-0.26%) / Metro-East (0.36%) / 6 / È(-3)
7 / Bloomington-Normal (-0.35%) / Davenport-Rock Island-Moline (0.22%) / 7 / È(-1)
8 / Champaign-Urbana-Rantoul (-0.41%) / Champaign-Urbana-Rantoul (0.17%) / 8 / Å(+0)
9 / Decatur (-1.12%) / Decatur (-0.56%) / 9 / Å(+0)
10 / Rockford (-2.33%) / Rockford (-1%) / 10 / Å(+0)
Talking Points
MSA League
Tables / §  Peoria (1st to 4th) experienced the deepest fall in May 2017.
§  Bloomington-Normal (4th to 6th), Davenport-Rock Island-Moline (5th to 7th) and Decatur (8th to 10th) also dropped in terms of rank from last month.
§  The most remarkable upward move in May was recorded for Chicago (6th to 3rd).
§  In the 12-month growth league table, upward moves were recorded for Springfield (5th to 2nd) and Bloomington-Normal (7th to 3rd).
§  Downward moves were recorded for Chicago (2nd to 5th), Metro-East (3rd to 6th) and Davenport-Rock Island-Moline (6th to 7th).
§  In the 12-month growth league table, Rockford remained in the last place while Kankakee 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 ‘Ç’ and decline by a ‘È’ and for an unchanged position a ‘Å’ is used. Figures in parenthesis indicate relative rank change from previous month

May 2017 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 / 3.01 (3.2%) / 3.29 (3.5%) / 13.87 (14.8%) / 0.71 (0.8%) / 20.16 (21.6%) / 10.13 (10.8%) / 11.69 (12.5%) / 11.43 (12.2%) / 3.67 (3.9%) / 15.81 (16.9%)
Champaign-Urbana / 3.6 (3.3%) / 7.99 (7.3%) / 16.41 (15.1%) / 2.51 (2.3%) / 4.41 (4.1%) / 7.8 (7.2%) / 14.92 (13.7%) / 11.27 (10.4%) / 3.18 (2.9%) / 36.8 (33.8%)
Chicago / 142.31 (3.4%) / 342.82 (8.3%) / 833.06 (20.1%) / 77.17 (1.9%) / 287.28 (6.9%) / 765.59 (18.5%) / 638.6 (15.4%) / 408.36 (9.9%) / 172.41 (4.2%) / 469.6 (11.3%)
Davenport-Rock Island-Moline / 9.92 (5.4%) / 22.43 (12.2%) / 37.2 (20.3%) / 1.92 (1%) / 7.42 (4%) / 24.73 (13.5%) / 28.2 (15.4%) / 18.1 (9.9%) / 7.43 (4.1%) / 26.02 (14.2%)
Decatur / 3.33 (6.5%) / 10.2 (19.9%) / 10.75 (21%) / 0.5 (1%) / 1.99 (3.9%) / 3.22 (6.3%) / 8.85 (17.3%) / 4.89 (9.5%) / 2.19 (4.3%) / 5.34 (10.4%)
Kankakee / 1.39 (3.1%) / 6.58 (14.5%) / 10.18 (22.5%) / 0.38 (0.8%) / 2.04 (4.5%) / 3.62 (8%) / 8.9 (19.6%) / 3.96 (8.7%) / 1.71 (3.8%) / 6.6 (14.6%)
Peoria / 8.03 (4.6%) / 22.66 (12.9%) / 32.07 (18.2%) / 2.39 (1.4%) / 7.53 (4.3%) / 24.55 (14%) / 30.95 (17.6%) / 19.09 (10.8%) / 7.79 (4.4%) / 21.07 (12%)
Rockford / 5.35 (3.6%) / 29.91 (20%) / 27.99 (18.7%) / 1.6 (1.1%) / 5.39 (3.6%) / 16.12 (10.8%) / 24.37 (16.3%) / 14.14 (9.4%) / 8.71 (5.8%) / 16.39 (10.9%)
Springfield / 4.48 (3.9%) / 3.09 (2.7%) / 17.8 (15.4%) / 1.64 (1.4%) / 6.21 (5.4%) / 15.39 (13.3%) / 20.27 (17.5%) / 10.36 (8.9%) / 6.64 (5.7%) / 29.94 (25.9%)
IL / 214.44 (3.6%) / 571.58 (9.5%) / 1200.23 (19.9%) / 100.26 (1.7%) / 391.21 (6.5%) / 941.46 (15.6%) / 928.88 (15.4%) / 592.09 (9.8%) / 249.87 (4.1%) / 822.25 (13.7%)

* The Illinois Department of Employment Security does not collect sector employment data for Metro-East

Total non-farm Employment growth rate Jan 1990 – May 2017

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.

Employment Forecast for MSAs

MSAs / May 2017*
/ May 2018 (p)* / Number of Jobs * / Growth Rate % / Growth / Sector with
Highest
Growth Rate
(p) / Sector with Lowest Growth Rate (p)
Bloomington-Normal / 93,500 / 93,500 / 0~50 / 0.00%~ 0.05% / + / LEI (1.54%) / INF (-10.44%)
Champaign-Urbana-Rantoul / 108,900 / 109,000 / 100~200 / 0.06%~0.17% / + / INF (1.49%) / MAN (-2.85%)
Chicago / 4,139,600 / 4,183,400 / 48,800~69,900 / 1.18%~1.69% / + / INF (5.79%) / TTU (-0.76%)
Davenport-Rock Island-Moline / 183,400 / 183,300 / -100~ 500 / -0.05%~ 0.26% / - / EDU (1.83%) / INF (-2.70%)
Decatur / 51,200 / 50,500 / -800~-600 / -1.52%~-1.18% / - / INF (6.86%) / OTH (-3.49%)
Kankakee / 45,300 / 45,600 / 300~500 / 0.72%~ 1.20% / + / INF (6.16%) / PRO (-4.73 %)
Peoria / 176,000 / 178,400 / 2,400~3,100 / 1.34%~ 1.76% / + / PRO (3.83%) / INF (-2.18%)
Rockford / 149,800 / 150,000 / 200~1,100 / 0.14%~-0.72% / + / CON (4.26%) / FIN(-2.56%)
Springfield / 115,800 / 116,000 / 200~300 / 0.15%~ 0.27% / + / PRO (2.32%) / INF (-5.31%)

*Total Non-Farm Jobs