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Jobs Up in Majority of Metro Areas in February

SPRINGFIELD - Over-the-year, total nonfarm jobs increased in eleven metropolitan areas and decreased in three for the year ending February 2024, according to data released today by the U.S. Bureau of Labor Statistics (BLS) and the Illinois Department of Employment Security (DES). Over-the-year, the unemployment rate increased in all fourteen metropolitan areas.


"Today's data continues to highlight the health and expansion of the Illinois labor market, with increases in jobs throughout a multitude of industries touching every corner of the state," said Deputy Governor Andy Manar. "As growth continues to supply jobseekers and employers with new opportunities, IDES and its workforce partners are positioned to assist both groups to thrive in the state's economy."


The metro areas which had the largest over-the-year percentage increases in total nonfarm jobs were the Champaign-Urbana MSA (+3.2%, +3,900), the Elgin Metro (+2.1%, +5,300), and the Bloomington MSA (+1.4%, +1,400). Total nonfarm jobs in the Chicago Metro were almost unchanged (0.0%, +1,400). The metro areas which had over-the-year decreases in total nonfarm jobs were the Decatur MSA (-3.3%, -1,600), the Springfield MSA (-3.0%, -3,300), and the Davenport-Moline-Rock Island IA-IL MSA (-0.9%, -1,600). Industries that saw job growth in most metro areas included: Government (thirteen areas); Mining and Construction and Education and Health Services (ten areas each); Wholesale Trade and Other Services (eight areas each).


The metro areas with the largest unemployment rate increases were the Chicago Metro (+0.8 point to 5.1%), the Decatur MSA (+0.5 point to 6.4%), and the Illinois section of St. Louis MSA (+0.5 point to 4.6%).

Unemployment Rates (Not Seasonally Adjusted)

Metropolitan Area

February 2024*

February 2023**

Over-the-Year Change

Bloomington

4.3%

4.0%

0.3

Carbondale-Marion

4.9%

4.5%

0.4

Champaign-Urbana

4.4%

4.1%

0.3

Chicago-Naperville-Arlington Heights

5.1%

4.3%

0.8

Danville

6.1%

6.0%

0.1

Davenport-Moline-Rock Island, IA-IL

4.8%

4.7%

0.1

Decatur

6.4%

5.9%

0.5

Elgin

6.3%

5.9%

0.4

Kankakee

6.8%

6.6%

0.2

Lake-Kenosha, IL-WI

5.8%

5.5%

0.3

Peoria

5.8%

5.5%

0.3

Rockford

6.8%

6.4%

0.4

Springfield

4.8%

4.5%

0.3

St. Louis (IL-Section)

4.6%

4.1%

0.5

Illinois Statewide

5.3%

4.7%

0.6

* Preliminary  I  ** Revised

 

 

 















Total Nonfarm Jobs (Not Seasonally Adjusted) - February 2024

Metropolitan Area

February

February

Over-the-Year

 

2024*

2023**

Change

Bloomington MSA

98,800

97,400

1,400

Carbondale-Marion MSA

58,500

57,800

700

Champaign-Urbana MSA

124,600

120,700

3,900

Chicago-Naperville-Arlington Heights Metro Division

3,752,600

3,751,200

1,400

Danville MSA

26,700

26,500

200

Davenport-Moline-Rock Island MSA

179,000

180,600

-1,600

Decatur MSA

46,800

48,400

-1,600

Elgin Metro Division

261,800

256,500

5,300

Kankakee MSA

42,600

42,200

400

Lake-County-Kenosha County Metro Division

411,900

409,400

2,500

Peoria MSA

168,300

167,100

1,200

Rockford MSA

144,100

143,400

700

Springfield MSA

105,900

109,200

-3,300

Illinois Section of St. Louis MSA

238,500

237,700

800

Illinois Statewide

6,035,800

6,012,900

22,900

*Preliminary | **Revised

 

 

 


Not Seasonally Adjusted Unemployment Rates

(percent) for Local Counties and Areas

Labor Market Area

Feb 2024

Feb 2023

Over-the-Year Change

 

 
   

Chicago-Naperville-Arlington Heights, IL Metro Division

   

Cook County

5.2 %

4.4 %

0.8

   

DuPage County

4.0 %

3.3 %

0.7

   

Grundy County

6.3 %

5.5 %

0.8

   

Kendall County

4.9 %

4.1 %

0.8

   

McHenry County

5.0 %

4.1 %

0.9

   

Will County

5.5 %

4.6 %

0.9

   

Elgin, IL Metro Division

 

 

 

   

DeKalb County

5.6 %

5.1 %

0.5

   

Kane County

6.5 %

6.0 %

0.5

   

Lake & Kenosha, IL-WI Metro Division

 

 

   

Lake County (IL)

6.4 %

5.9 %

0.5

   

Kankakee, IL MSA

 

 

 

   

Kankakee County

6.8 %

6.6 %

0.2

   

Cities

 

 

 

   

Aurora City

5.6 %

5.0 %

0.6

   

Chicago City

5.4 %

4.5 %

0.9

   

Elgin City

8.7 %

8.2 %

0.5

   

Joliet City

7.0 %

6.1 %

0.9

   

Kankakee City

9.4 %

9.3 %

0.1

   

Naperville City

3.7 %

3.0 %

0.7

   

* Unemployment rates for cities with total population of 25,000 or more can be found at https://www2.illinois.gov/ides/lmi/Pages/Local_Area_Unemployment_Statistics.aspx


Chicago-Naperville-Arlington Heights, IL Metro Division


The not seasonally adjusted unemployment rate increased to 5.1 percent in February 2024 from 4.3 percent in February 2023.


Total nonfarm employment increased +1,400 compared to February 2023. The Educational-Health Services (+19,900), Government (+9,100) and Manufacturing (+6,500) sectors had the largest payroll gains over-the-year. The largest employment declines were recorded in Professional-Business Services (-32,200), Transportation-Warehousing-Utilities (-5,700) and Retail Trade (-3,100).


Elgin, IL Metro Division


The not seasonally adjusted unemployment rate increased to 6.3 percent in February 2024 from 5.9 percent in February 2023.


Total nonfarm employment increased +5,300 compared to February 2023. Employers in the Government (+2,400) and Educational-Health Services (+1,700) sectors had the largest payroll gains over-the-year. Employers in the Professional-Business Services (-1,100) and Information (-100) sectors had employment declines from a year ago.


Lake & Kenosha Counties, IL-WI Metro Division


The not seasonally adjusted unemployment rate increased to 5.8 percent in February 2024 from 5.5 percent in February 2023.


Total nonfarm employment increased +2,500 compared to February 2023. The Leisure-Hospitality (+2,900), Educational-Health Services (+1,700) and Government (+1,300) sectors had the largest payroll gains over-the-year. Professional-Business Services (-1,800) and Financial Activities (-1,300) employers reported the largest employment declines from a year ago.


Kankakee, IL MSA


The not seasonally adjusted unemployment rate increased to 6.8 percent in February 2024 from 6.6 percent in February 2023.


Total nonfarm employment increased +400 compared to February 2023. The Educational-Health Services (+500), Government (+300) and Financial Activities (+100) sectors had payroll gains over-the-year. Employers in the Professional-Business Services (-200), Manufacturing (-200) and Transportation-Warehousing-Utilities (-100) sectors recorded an employment decline compared to one year ago.



Note: Monthly 2023 unemployment rates and total nonfarm jobs for Illinois metro areas were revised in February and March 2024, 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.


Disclaimer: The data contained in the metro area employment numbers press releases are not seasonally adjusted, and therefore are subject to seasonal fluctuations due to factors such as changes in weather, harvests, major holidays and school schedules. Current monthly metro data should be compared to the same month from prior years (January 2024 data compared to January 2023 data) as data for these months have similar seasonal patterns. Comparisons should not be made to data for the immediate previous month or other previous non-matching months, as any changes in the data within these time periods may be the result of seasonal fluctuations and not economic factors.