Kane Unemployment at 9.6%; Illinois Rates Worse Than National Average

Kane Unemployment at 9.6%; Illinois Rates Worse Than National Average

Screenshot from the Local Area Unemployment Statistics Page page of the IDES website.

Kane County’s unemployment rate is at 9.6% as of the end of August.

The county’s unemployment rate was 4.1% at the same time last year, according to statistics released today (Thursday, Sept. 24, 2020) by the the U.S. Bureau of Labor Statistics and the Illinois Department of Employment Security.

That same data shows Illinois unemployment is 2.6 percentage points higher than the national average.

According to the Local Area Unemployment Statistics Page of the IDES website, Illinois is at 11.0% unemployment, while the U.S. rate is 8.4%. Both are the seasonally adjusted rates.

In Northern Illinois, Kane County is neither the highest nor lowest in unemployment. Cook County has the highest rate at 13.7%. Lake County has the lowest rate at 8.6%.

Among Kane County cities, Aurora’s unemployment rate is 9.9%. Elgin’s is 11.1%.

In our area, the sectors that recorded the largest employment declines compared to one year ago are Leisure-Hospitality, Government, Other Services, Wholesale Trade, and Educational-Health Services.

Regional Unemployment Data

Pandemic Takes Toll

According to the IDES news release, the number of nonfarm jobs decreased over-the-year in all 14 Illinois metropolitan areas in August — with five metro areas at record low payrolls for that month.

The unemployment rate increased over-the-year in all metro areas and to record highs for the month of August in two metros.

“With the state’s COVID-19 mitigation plan in place, we are working hard to keep people safe while restoring confidence in and strengthening our economy,” said Deputy Gov. Dan Hynes. “IDES is continuing to work tirelessly to support working families by connecting them to job training and workforce matching programs and ensuring benefits get to those impacted by this pandemic.”

Total nonfarm jobs were down in Peoria (-11.0%, -19,000), Elgin (-9.7%, -25,300) and Decatur (-8.4%, -4,300).

The unemployment rate identifies those individuals who are out of work and seeking employment.

Not Seasonally Adjusted Unemployment Rates

Metropolitan Area

August 2020*

August 2019**

Over-the-Year Change

Bloomington

7.2%

3.8%

3.4

Carbondale-Marion

8.5%

4.2%

4.3

Champaign-Urbana

7.4%

3.9%

3.5

Chicago-Naperville-Arlington Heights

12.6%

3.8%

8.8

Danville

9.3%

5.5%

3.8

Davenport-Moline-Rock Island, IA-IL

8.1%

4.1%

4.0

Decatur

11.2%

5.4%

5.8

Elgin

9.5%

4.1%

5.4

Kankakee

8.9%

4.6%

4.3

Lake-Kenosha, IL-WI

8.3%

3.9%

4.4

Peoria

9.6%

4.6%

5.0

Rockford

11.3%

5.9%

5.4

Springfield

8.5%

4.0%

4.5

St. Louis (IL-Section)

8.6%

4.1%

4.5

Illinois Statewide

10.9%

4.0%

6.9

* Preliminary  I  ** Revised

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total Nonfarm Jobs (Not Seasonally Adjusted) – August 2020

Metropolitan Area

August

August

Over-the-Year

 

2020*

2019**

Change

Bloomington MSA

85,200

91,400

-6,200

Carbondale-Marion MSA

54,200

56,900

-2,700

Champaign-Urbana MSA

103,300

107,900

-4,600

Chicago-Naperville-Arlington Heights Metro Division

3,537,600

3,829,200

-291,600

Danville MSA

25,900

27,100

-1,200

Davenport-Moline-Rock Island MSA

174,500

189,300

-14,800

Decatur MSA

46,600

50,900

-4,300

Elgin Metro Division

236,000

261,300

-25,300

Kankakee MSA

44,100

46,000

-1,900

Lake-County-Kenosha County Metro Division

390,600

425,900

-35,300

Peoria MSA

153,500

172,500

-19,000

Rockford MSA

138,900

150,800

-11,900

Springfield MSA

104,200

112,100

-7,900

Illinois Section of St. Louis MSA

227,400

241,300

-13,900

Illinois Statewide

5,705,900

6,143,200

-437,300

*Preliminary | **Revised

 

 

 

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 12.6 percent in August 2020 from 3.8 percent in August 2019.  The August 2020 unemployment rate is the highest August unemployment rate on record.

Total nonfarm employment decreased -291,600 compared to August 2019.  The Leisure-Hospitality (-104,600), Professional-Business Services (-49,500), Government (-29,200), and Educational-Health Services (-23,700) sectors recorded the largest employment declines compared to one year ago.

Elgin, IL Metro Division

The not seasonally adjusted unemployment rate increased to 9.5 percent in August 2020 from 4.1 percent in August 2019. The last time the August rate was equal to or higher was in 2011 when it was 10.1 percent.

Total nonfarm employment decreased -25,300 compared to August 2019.  The  Leisure-Hospitality (-7,400),  Government  (-4,100), Other Services (-3,100), Wholesale Trade (-2,300), and Educational-Health Services (-2,100) sectors recorded the largest employment declines compared to one year ago.

Lake & Kenosha Counties, IL-WI Metro Division

The not seasonally adjusted unemployment rate increased to 8.3 percent in August 2020 from 3.9 percent in August 2019. The last time the August rate was equal to or higher was in 2011 when it was 9.0 percent.

Total nonfarm employment decreased -35,300 compared to August 2019. Leisure-Hospitality (-14,600), Professional-Business Services (-7,000),  Government  (-3,600), Retail Trade (-3,200), and Manufacturing (-2,100) sectors recorded the largest employment declines compared to one year ago. Transportation-Warehousing-Utilities (+600) had payroll gains over the year.

Kankakee, IL MSA

The not seasonally adjusted unemployment rate increased to 8.9 percent in August 2020 from 4.6 percent in August 2019.  The last time the August rate was equal to or higher was in 2013 when it was 10.2 percent.

Total nonfarm employment decreased -1,900 compared to August 2019. The  Educational-Health Services  (-500),    Government    (-400), Professional-Business Services (-300), Leisure-Hospitality (-300), and Other Services (-200) sectors recorded the largest employment declines compared to one year ago.  Retail Trade (+300) had payroll gains over the year.

SOURCE: Illinois Department of Employment Security news release