July Year-Over-Year Unemployment Rates Up, Jobs Down in All 14 Metro Areas

July Year-Over-Year Unemployment Rates Up, Jobs Down in All 14 Metro Areas

It’s no surprise that the number of nonfarm jobs decreased over-the-year in July in all 14 Illinois metropolitan areas, with five metro areas at record low payrolls, according to preliminary data released Thursday (Aug. 27, 2020) by the U.S. Bureau of Labor Statistics and the Illinois Department of Employment Security.

In the midst of the COVID-19 pandemic, the unemployment rate increased over-the-year in all metro areas and to record highs for the month of July in four metros — including Elgin.

“As the state continues to monitor the safety of economic reopening, IDES is committed to continuing to help those who need services,” said IDES Acting Director Kristin Richards.

The good news is that there are some signs of jobs recovery. The July unemployment rate is 3.2% lower than it was in June, according to an earlier IDES news release.

Year-over-year, however, the number of nonfarm jobs decreased in all 14 Illinois metropolitan areas. Total nonfarm jobs were down in Peoria (-12.0%, -20,700), Decatur (-11.2%, -5,700) and Elgin (-10.8%, -28,200). In Chicago-Naperville-Arlington Heights, jobs were down -8.1% (-311,900).

No industry sector saw job gains in a majority of metro areas.

This data compares July 2020 with July 2019. The not-seasonally-adjusted Illinois rate was 11.3% in July 2020, was the highest unemployment rate the month of July since 1983, when it was 11.5%.

The official, BLS approved, statewide unemployment rate series begins in 1976. Nationally, the not-seasonally-adjusted unemployment rate was 10.5%in July 2020, was a record high for the month of July, dating back to 1948. The unemployment rate identifies those individuals who are out of work and seeking employment.

Not-Seasonally-Adjusted Unemployment Rates

Metropolitan Area

July 2020*

July 2019**

Over-the-Year Change

Bloomington

8.0%

4.1%

3.9

Carbondale-Marion

9.2%

4.3%

4.9

Champaign-Urbana

7.9%

4.2%

3.7

Chicago-Naperville-Arlington Heights

12.6%

4.1%

8.5

Danville

9.9%

5.4%

4.5

Davenport-Moline-Rock Island, IA-IL

9.1%

3.9%

5.2

Decatur

12.0%

5.6%

6.4

Elgin

10.3%

4.3%

6.0

Kankakee

9.5%

4.7%

4.8

Lake-Kenosha, IL-WI

8.9%

3.9%

5.0

Peoria

10.6%

4.6%

6.0

Rockford

13.8%

6.7%

7.1

Springfield

9.1%

4.0%

5.1

St. Louis (IL-Section)

9.4%

4.3%

5.1

Illinois Statewide

11.3%

4.2%

7.1

* Preliminary  I  ** Revised

Total Nonfarm Jobs (Not Seasonally Adjusted) – July 2020

Metropolitan Area

July

July

Over-the-Year

 

2020*

2019**

Change

Bloomington MSA

83,400

90,000

-6,600

Carbondale-Marion MSA

53,700

56,700

-3,000

Champaign-Urbana MSA

104,300

108,700

-4,400

Chicago-Naperville-Arlington Heights Metro Division

3,518,500

3,830,400

-311,900

Danville MSA

25,400

27,300

-1,900

Davenport-Moline-Rock Island MSA

172,300

189,200

-16,900

Decatur MSA

45,000

50,700

-5,700

Elgin Metro Division

233,300

261,500

-28,200

Kankakee MSA

43,800

45,900

-2,100

Lake-County-Kenosha County Metro Division

387,800

428,400

-40,600

Peoria MSA

151,200

171,900

-20,700

Rockford MSA

137,900

150,000

-12,100

Springfield MSA

102,900

109,900

-7,000

Illinois Section of St. Louis MSA

224,300

238,400

-14,100

Illinois Statewide

5,637,300

6,134,900

-497,600

*Preliminary | **Revised

SOURCE: Illinois Department of Employment Security news release

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