Q-C posts state's lowest unemployment


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Originally Posted Online: Sept. 27, 2012, 5:27 pm
Last Updated: Sept. 27, 2012, 8:16 pm
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By Eric Timmons, etimmons@qconline.com

The unemployment rate in the Quad-Cities fell to 7.2 percent in August, down from 7.5 percent for the same month in 2011, and was again the lowest among metropolitan areas in Illinois.

Unemployment dropped in 11 of 12 metro areas in the state in August, according to numbers released by the Illinois Department of Employment Security on Thursday. Decatur was the only metro area to show an increase. The Illinois jobless rate for August was 8.9 percent. Nationally, the rate for August was 8.2 percent.

Economic sectors that showed the most job growth in August were manufacturing, transportation, warehousing and utilities, according to the IDES.

Bloomington-Normal had the second lowest unemployment rate at 7.3 percent in August. The highest jobless rate was 11.7 percent in Rockford, although the rate was down from 13.8 percent a year ago.

"This economic cycle is filled with small up-and-down movements in the monthly data, and August shows falling unemployment rates in nearly every corner of our state," IDES Director Jay Rowell said. "While the uneven movements shadow the progress that we have made, stronger economic growth will occur when consumer confidence improves."

Monthly not seasonally adjusted jobless number released by the IDES are subject to revision and only include the unemployed who are actively looking for work.


August jobless rate

August jobless rate 2012 2011 
Davenport-Moline-Rock Island 7.2% 7.5% 
Bloomington-Normal 7.3% 7.8% 
Champaign-Urbana 8.8% 9.3% 
Chicago-Joliet-Naperville 8.8% 10.5%
Danville 11% 11.1%
Decatur 11.4% 11.2%
Kankakee-Bradley 11.4% 12.4%
Lake-Kenosha, IL-WI 8.8% 9.4%
Peoria 8% 9%
Rockford 11.7% 13.8%
Springfield 7.9% 8%
St. Louis (IL-Section) 9.4% 10.1%
Source: Illinois Department of Unemployment Security
















 



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  Today is Monday, Oct. 20, the 293rd day of 2014. There are 72 days left in the year.

1864 -- 150 years ago: The store of Devoe and Crampton was entered and robbed of about $500 worth of gold pens and pocket cutlery last night.
1889 -- 125 years ago: Michael Malloy was named president of the Tri-City Stone Cutters Union.
1914 -- 100 years ago: Dewitte C. Poole, former Moline newspaperman serving as vice consul general for the United States government in Paris, declared in a letter to friends that the once gay Paris is a city of sadness and desolation.
1939 -- 75 years ago: Plans for the construction of an $80,000 wholesale bakery at 2011 4th Ave. were announced by Harry and Nick Coin, of Rock Island. It is to be known as the Banquet Bakery.
1964 -- 50 years ago: An application has been filed for a state permit to organize a savings and loan association in Moline, it was announced. The applicants are Ben Butterworth, A.B. Lundahl, C. Richard Evans, John Harris, George Crampton and William Getz, all of Moline, Charles Roberts, Rock Island, and Charles Johnson, of Hampton.
1989 -- 25 years ago: Indian summer is quickly disappearing as temperatures slide into the 40s and 50s this week. Last week, highs were in the 80s.


(More History)