High-rise commercial buildings

Sub Markets

Property Sectors

Topics

Chicago & Midwest CRE News In Your Inbox.

Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.

Chicago & Midwest  | 

Illinois Sees Unemployment Drop in All 14 Metro Areas

Illinois gained 94,700 nonfarm jobs over the 12 months ended June 30, with all 14 metro areas seeing unemployment declines, the Illinois Department of Employment Security (IDES) said. It was the biggest annual increase since July 2015, when a year-over-year gain of 105,300 was reported.

“Job growth is reaching all corners of Illinois, and this administration is acting boldly to build upon that momentum,” said Deputy Gov. Dan Hynes. “On the strength of a bipartisan budget and capital bill, Illinois is once again investing in its roads, bridges, and universities to create an economy that supports working families.”

Predictably, more than half the Y-O-Y increase was in the Chicago region, with 63,500 jobs added since June 2018. However, other metro areas saw faster Y-O-Y growth on a percentage basis.

Illinois businesses added jobs in 11 of the state’s metro areas. The largest percentage increases occurred in Carbondale-Marion, Lake-Kenosha and Peoria.


Subscribe to Connect Daily Chicago

For comments, questions or concerns, please contact Paul Bubny

Connect

Inside The Story

Read more at IDESConnect With IDES

About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

  • ◦Economy