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The number of nonfarm jobs decreased over-the-year in all fourteen Illinois metropolitan areas in August, with five metro areas at record low payrolls for that month, according to preliminary data released today by the U.S. Bureau of Labor Statistics (BLS) and the Illinois Department of Employment Security (IDES). The unemployment rate increased over-the-year in all metro areas and to record highs for the month of August in two metros. The official, BLS approved sub-state unemployment rate and nonfarm jobs series begins in 1990. Data reported prior to 1990 are not directly comparable due to updates in methodology.
“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 Governor 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.”
The number of nonfarm jobs decreased in all fourteen Illinois metropolitan areas. Total nonfarm jobs were down in Peoria (-11.0%, -19,000), Elgin (-9.7%, -25,300) and Decatur (-8.4%, -4,300). In Chicago-Naperville-Arlington Heights, jobs were down -7.6% (-291,600). No industry sector saw job gains in a majority of metro areas.
Not seasonally adjusted data compares August 2020 with August 2019. The not seasonally adjusted Illinois rate was 10.9 percent in August 2020 and the highest August unemployment rate since 1983, when it was 11.3 percent. The official, BLS approved, statewide unemployment rate series begins in 1976. Nationally, the not seasonally adjusted unemployment rate was 8.5 percent in August 2020 and the highest August unemployment rate since 2011, when it was 9.1. The unemployment rate identifies those individuals who are out of work and seeking employment.
Not Seasonally Adjusted Unemployment Rates
|Davenport-Moline-Rock Island, IA-IL||8.1%||4.1%||4.0|
|St. Louis (IL-Section)||8.6%||4.1%||4.5|
** Revised || || || |
Total Nonfarm Jobs (Not Seasonally Adjusted) – August 2020
|Chicago-Naperville-Arlington Heights Metro Division||3,537,600||3,829,200||-291,600|
|Davenport-Moline-Rock Island MSA||174,500||189,300||-14,800|
|Elgin Metro Division||236,000||261,300||-25,300|
|Lake-County-Kenosha County Metro Division||390,600||425,900||-35,300|
|Illinois Section of St. Louis MSA||227,400||241,300||-13,900|
*Preliminary | **Revised||