December 29, 2024 – Over-the-year, total nonfarm jobs increased in seven metropolitan areas and decreased in seven for the year ending November 2024, according to data released 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 seven areas, decreased in five, and was unchanged in two.
“As job growth reaches across the state, we remain committed to investing in the necessary tools and resources for the state’s strong economic landscape,” said Deputy Governor Andy Manar. “IDES continues to assist in matching jobseekers with employers to ensure both are finding the right fit for their needs.”
The metro areas which had the largest over-the-year percentage increases in total nonfarm jobs were the Champaign-Urbana MSA (+1.7%, +2,200), the Carbondale-Marion MSA (+1.3%, +800), the Rockford MSA (+1.2%, +1,800), and the Springfield MSA (+1.2%, +1,300). The metro areas which posted the largest over-the-year decreases in total nonfarm jobs were the Danville MSA (-1.5%, -400) and the Peoria MSA (-1.2%, -2,100).Total nonfarm jobs in the Chicago Metropolitan Division were down -0.2% or -6,700. Industries that saw job growth in most of the metro areas included: Private Education and Health Services (fourteen areas); Other Services (twelve areas); and Government (eleven areas).
The metro areas with the largest unemployment rate increases were the Davenport-Moline-Rock Island IA-IL MSA (+1.3 points to 5.0%), the Chicago-Naperville-Arlington Heights Metropolitan Division (+1.0 point to 5.0%), and the Danville MSA (+0.6 point to 5.9%). The metro area with the largest unemployment rate decrease was the Rockford MSA (-0.4 percentage point to 5.2%). There was no unemployment rate change in the Carbondale-Marion MSA and Decatur MSA.
In Decatur, the not seasonally adjusted unemployment rate of 5.6 percent in November 2024 was unchanged from November 2023.
Over-the-year, nonfarm employment increased by +500. Employment increased in the Government (+400), Mining-Construction (+200), Private Education-Health Services (+100) and Other Services (+100) sectors.
Payrolls were unchanged in Information, Professional-Business Services, Retail Trade, Transportation-Warehousing-Utilities, Wholesale Trade and Financial Activities. Payroll employment decreased in Leisure-Hospitality (-200) and Manufacturing (-100) between November 2024 and November 2023.
