Note: IDES revised their estimates for the number of jobs at the beginning of 2012.

IllinoisJob Index:

MSA Report
Release
12/31/2012 / data
Jan 1990 /Nov 2012 / Issue
15.12 /
December
2012 / Total non-farm employment / Nov2011 Number of Jobs / Oct2012 –Nov 2012 / Last 12 months
Growth
Rate
(%) / Number of Jobs / Growth Rate
(%) / Number of Jobs
Nation / 133,852,000 / 0.11 / 146,000 / 1.43 / 1,889,000
Rest of Midwest (RMW) / 18,966,100 / 0.02 / 3,300 / 1.25 / 234,000
Illinois / 5,727,400 / 0.29 / 16,400 / 0.94 / 53,200
Illinois Metro / 5,242,500 / 0.12 / 6,500 / 1.32 / 68,500
Illinois non-Metro (Rural) / 484,900 / 2.08 / 9,900 / -3.05 / -15,300
IllinoisChicago (Upstate) / 4,097,800 / 0.25 / 10,300 / 1.55 / 62,600
Illinois non-Chicago / 1,629,600 / 0.38 / 6,100 / -0.57 / -9,400

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.

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 16,400 jobs in Nov 2012, compared with a revised 3,200 job gains in Oct 2012. Compared to Nov 2011, Illinois has added 53,200 jobs. The three-month moving average of jobs, a more stable measure of labor market, was up by 9,900 jobs per month.
  • Illinois has lost 260,500 jobs since the economic crisis developed in December 2007.
  • Since January 2010 when Illinois employment resumed after the national recession, Illinois has added 145,800 new jobs.
  • The major geographic divisions, Chicago-Downstateand Metro-Ruralboth had positive performance.
  • Illinois Rural areaadded 9,900jobs at2.08% this month, compared to a revised 20,800job lossesin Oct. At the same time, Metro added 6,500 jobs at 0.12% this month, compared to a revised 24,000 job gains in the previous month.
  • Chicago added 10,300jobs at 0.25% in Nov2012, compared to a revised 18,400 jobgainslast month. Meanwhile, Downstate added6,100jobs at 0.38%, compared to a revised15,200 joblosses in Oct.
  • In terms of the 12-month aggregated account, Metro registered a positive 1.32% growth by adding 68,500 jobs whereas Ruralshed15,300 jobs at -3.05%. Chicago added62,600 jobs at 1.55% whereas Downstate shed9,400 jobs at -0.57%.
  • Through Nov2011, the cumulative job growth for Metro, Rural, Chicago and Downstate compared to January 1990 stood at 9.44%, 1.48%,9.05% and 7.88%, respectively.

MSA
page (2-4) /
  • Illinois Metro added6,500 jobs at 0.12% in Novof 2012.Fourout 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 0.14% which is the highest among all the IL MSAs; Champaign-Urbana-Rantoul has experienced the lowest average growth rate -0.11%.
  • In terms of growth performance,four MSAs posted a net improvement fromOctto Nov, five declined in terms of rank.
  • Decaturdropped to the last place in terms of monthly growth performance, while Chicagoclimbed up to the firstplace.
  • Over the last 12-month period,Kankakeereached the first placewhile Decaturremained in the last place.

Total non-farm Employment growth Jan 1990 –Nov2012
Talking Points
State, Downstate & Metro /
  • While the average growth for Illinois between 1990 and 2008 was 0.04%, the average from December 2007 toNov2012 is -0.07%. 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 -0.07% while for Rural it is -0.07%. The same rate for Upstate it is -0.07% while for Downstate is -0.08%.
  • Over the last 12-month period, the average growth rate for Metro was 0.11% and for Rural it was -0.23%.
  • 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 butworse 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 in 2012 until Nov, the average growth rate for Illinois is 0.08%, for the RMW is 0.11% while for the nation is 0.11%.
  • Downstate registered a -0.11% 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 / Nov2012 Number of Jobs / Oct2012 –Nov 2012 / Last 12 months
Growth compared to Illinois / Growth Rate % / Number
Of Jobs / Growth Rate % / Number
of Jobs
Bloomington-Normal (B-N) / 90,900 / - / 0.00 / 0 / 0.77 / 700
Champaign-Urbana (C-U-R) / 103,800 / - / -0.09 / -100 / 2.17 / 2,200
Chicago / 4,097,800 / - / 0.25 / 10,300 / 1.55 / 62,600
Davenport-Rock Island-Moline (D-R-M) / 178,200 / - / -0.17 / -300 / -0.33 / -600
Decatur / 52,200 / - / -1.31 / -700 / -1.44 / -800
Kankakee / 44,100 / - / -0.23 / -100 / 2.45 / 1,100
Peoria / 182,400 / - / -1.29 / -2,400 / 0.01 / 20
Rockford / 146,600 / - / -0.54 / -800 / 0.13 / 200
Springfield / 113,400 / - / 0.18 / 200 / 1.30 / 1,500
Metro-East / 231,800 / - / 0.17 / 400 / 0.68 / 1,600
Illinois / 0.29 / 16,400 / 0.94 / 53,200

MSA League Tables*: Non-farm Employment Growth Rate

Monthly growth:

Rank / Oct2012 / Nov2012 / Rank / Change**
1 / Kankakee (2.07%) / Chicago (0.25%) / 1 / (+6)
2 / Champaign-Urbana-Rantoul (1.62%) / Springfield (0.18%) / 2 / (+3)
3 / Bloomington-Normal (0.99%) / Metro-East (0.17%) / 3 / (+6)
4 / Decatur (0.75%) / Bloomington-Normal (0%) / 4 / (-1)
5 / Springfield (0.71%) / Champaign-Urbana-Rantoul (-0.09%) / 5 / (-3)
6 / Peoria (0.7%) / Davenport-Rock Island-Moline (-0.17%) / 6 / (+4)
7 / Chicago (0.45%) / Kankakee (-0.23%) / 7 / (-6)
8 / Rockford (0.27%) / Rockford (-0.54%) / 8 / (+0)
9 / Metro-East (0.04%) / Peoria (-1.29%) / 9 / (-3)
10 / Davenport-Rock Island-Moline (-0.5%) / Decatur (-1.31%) / 10 / (-6)

Growth over last 12-months:

Rank / Oct 2012 / Nov 2012 / Rank / Change**
1 / Champaign-Urbana-Rantoul (2.36%) / Kankakee (2.45%) / 1 / (+1)
2 / Kankakee (2.2%) / Champaign-Urbana-Rantoul (2.17%) / 2 / (-1)
3 / Chicago (1.22%) / Chicago (1.55%) / 3 / (+0)
4 / Springfield (1.19%) / Springfield (1.3%) / 4 / (+0)
5 / Peoria (0.94%) / Bloomington-Normal (0.77%) / 5 / (+1)
6 / Bloomington-Normal (0.53%) / Metro-East (0.68%) / 6 / (+2)
7 / Rockford (0.17%) / Rockford (0.13%) / 7 / (+0)
8 / Metro-East (-0.05%) / Peoria (0.01%) / 8 / (-3)
9 / Davenport-Rock Island-Moline (-1.1%) / Davenport-Rock Island-Moline (-0.33%) / 9 / (+0)
10 / Decatur (-1.14%) / Decatur (-1.44%) / 10 / (+0)
Talking Points
MSA League
Tables /
  • Decatur(4th to 10th) and Kankakee (1st to 7th) experienced the deepest fall this month.
  • Bloomington-Normal (3rd to 4th), Champaign-Urbana-Rantoul (2nd to 5th) and Peoria (6th to 9th) also dropped in terms of rank from last month.
  • The most remarkable upward move inNovember was recorded for Chicago (7thto 1st) and Metro-East (9th to 3rd).
  • Springfield (5thto 2nd) and Davenport-Rock Island-Moline(10th to 6th) also gained in terms of rank from last month.
  • In the 12 months growth league table, upward moves were only recorded for Kankakee(2ndto1st), Bloomington-Normal (6th to 5th) and Metro-East (8th to 6th).
  • Chicago, Springfield, Rockford and Davenport-Rock Island-Molineremained in the same place.
  • In the 12 months growth league table, Decatur remained in the last place andKankakeeclimbed 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.

Nov2012 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 (2.5%) / 4.08 (4.5%) / 13.34 (14.7%) / 0.80 (0.9%) / 12.47 (13.7%) / 18.29 (20.1%) / 11.08 (12.2%) / 9.88 (10.9%) / 2.99 (3.3%) / 15.75 (17.3%)
Champaign-Urbana / 2.95 (2.8%) / 8.03 (7.6%) / 17.33 (16.5%) / 2.71 (2.6%) / 4.30 (4.1%) / 7.91 (7.5%) / 13.24 (12.6%) / 10.51 (10%) / 3.09 (2.9%) / 34.81 (33.1%)
Chicago / 118.86 (2.9%) / 386.67 (9.4%) / 826.43 (20.2%) / 75.01 (1.8%) / 277.66 (6.8%) / 722.49 (17.6%) / 622.12 (15.2%) / 370.59 (9%) / 178.16 (4.3%) / 519.09 (12.7%)
Davenport-Rock Island-Moline / 7.66 (4.3%) / 23.81 (13.4%) / 38.12 (21.4%) / 2.51 (1.4%) / 8.14 (4.6%) / 20.74 (11.6%) / 25.85 (14.5%) / 16.65 (9.3%) / 7.44 (4.2%) / 27.43 (15.4%)
Decatur / 2.97 (5.7%) / 10.57 (20.2%) / 11.1 (21.2%) / 0.70 (1.3%) / 1.98 (3.8%) / 4.04 (7.7%) / 8.24 (15.8%) / 4.48 (8.6%) / 2.36 (4.5%) / 5.91 (11.3%)
Kankakee / 1.18 (2.7%) / 4.99 (11.3%) / 10.60 (24%) / 0.49 (1.1%) / 1.89 (4.3%) / 2.88 (6.5%) / 8.88 (20.1%) / 3.89 (8.8%) / 1.72 (3.9%) / 7.63 (17.3%)
Peoria / 6.88 (3.8%) / 28.13 (15.4%) / 35.19 (19.3%) / 2.49 (1.4%) / 7.26 (4.0%) / 22.26 (12.2%) / 33.56 (18.4%) / 17.02 (9.3%) / 8.02 (4.4%) / 21.61 (11.8%)
Rockford / 4.27 (2.9%) / 31.46 (21.5%) / 27.03 (18.4%) / 1.74 (1.2%) / 5.88 (4.0%) / 16.06 (11%) / 23.66 (16.1%) / 12.09 (8.2%) / 8.48 (5.8%) / 16.73 (11.4%)
Springfield / 4.03 (3.6%) / 3.27 (2.9%) / 17.88 (15.8%) / 2.00 (1.8%) / 7.13 (6.3%) / 12.56 (11.1%) / 19.05 (16.8%) / 9.78 (8.6%) / 6.40 (5.6%) / 31.3 (27.6%)
IL / 174.88 (3.0%) / 597.64 (10.4%) / 1167.6 (20.3%) / 97.9 (1.7%) / 367.75 (6.4%) / 868.66 (15.1%) / 868.92 (15.1%) / 517.69 (9%) / 238.15 (4.1%) / 840.15 (14.6%)

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

Total non-farm Employment growth rate Jan 1990 –Nov 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.

Employment Forecast for MSAs

MSAs / Nov2012* / Nov 2013 (p)* / Number of Jobs * / Growth Rate % / Growth / Sector with
Highest
Growth Rate
(p) / Sector with Lowest Growth Rate (p)
Bloomington-Normal / 90,900 / 91,200 / 300~700 / 0.35%~0.82% / + / LEI (2.6%) / INF (-9.0%)
Champaign-Urbana-Rantoul / 103,800 / 103,200 / -600~200 / -0.58%~0.19% / - / PRO (2.0%) / MAN (-4.5%)
Chicago / 4,072,800 / 4,076,500 / 3,700~7,300 / 0.09%~0.18% / + / TTU (1.2%) / CON (-9.6%)
Davenport-Rock Island-Moline / 178,200 / 177,400 / -800~-100 / -0.43%~-0.07% / - / EDU (1.8%) / INF (-4.4%)
Decatur / 52,200 / 52,200 / 0~-300 / 0%~-0.67% / + / CON (1.7%) / ING (-2.9%)
Kankakee / 44,100 / 43,900 / -300~400 / -0.59%~0.87% / - / OTH (2.4%) / GOV (-3.9%)
Peoria / 182,400 / 183,500 / 1,200~2,400 / 0.64%~-1.31% / + / PRO (2.8%) / MAN (-0.8%)
Rockford / 146,600 / 145,000 / -1,600~-1,000 / -1.08%~-0.68% / - / PRO (1.4%) / CON (-12.6%)
Springfield / 113,400 / 113,200 / -300~400 / -0.25%~0.33% / - / PRO (1.4%) / MAN (-3.1%)

*Total Non-Farm Jobs

Illinois Jobs Index: MSA REPORT / release 12/31/2012 / / page 1