Note: IDES revised their estimates for the number of jobs at the beginning of 2012. As a companion to the June 2011 Illinois Job Index that reports an positive rating, this MSA Report provides a localized picture on Illinois job growth and allows for comparisons between local economies, Illinois, the Nation and the Rest of the Midwest. Jan 2012 – Feb 2012 Last 12 months Feb 2011 Growth Growth Total non-farm employment Number of Number Number Rate Rate Jobs of Jobs of Jobs (%) (%) March Nation 132,701,000 0.18 240,000 1.55 2,025,000 Rest of Midwest (RMW) 18,873,700 0.26 48,600 1.00 186,600 2012 Illinois 5,686,400 0.11 6,500 0.57 32,000 Illinois Metro 5,192,200 -0.03 -1,600 0.93 47,700 Illinois non-Metro (Rural) 494,200 1.66 8,100 -3.08 -15,700 Illinois Chicago (Upstate) 4,047,700 0.05 1,800 1.04 41,700 Illinois non-Chicago 1,638,700 0.29 4,700 -0.59 -9,700

The monthly Illinois Job Index and MSA Report are provided as tools for elected officials, policy leaders and the public. Understanding the Illinois economy and business climate is enhanced by comparing and measuring Illinois employment growth rates against those of the Rest of the Midwest (RMW: Indiana, Iowa, Michigan, Missouri, Ohio and Wisconsin) and the Nation. Data and analysis are provided by the Illinois Economic Observatory / Regional Economics Applications Laboratory, University of Illinois. The MSA data (unless noted) were seasonally adjusted to be consistent with state totals.

Talking Points . Illinois added 6,500 jobs in Feb 2012 at a rate of 0.11%, compared with a revised 3,900 job gain in Jan 2012. Compared to Feb 2011, Illinois has added 32,000 jobs. The three-month moving average of jobs, a more stable measure of labor market, was up by 4,100 jobs per month. . Illinois has lost 299,800 jobs since the economic crisis developed in December 2007. . Since January 2010 when Illinois employment resumed after the national recession, Illinois has added 104,800 new jobs. . The major geographic divisions, Chicago-Downstate had positive performance while Metro-Rural had mixed State, performance. Downstate . Illinois Rural area added 8,100 jobs at 1.66% this month, compared to a revised 27,900 job losses in Jan. At the same time, Metro shed 1,600 jobs at -0.03% this month, compared to a revised 31,800 job gain in the & Metro previous month. . Chicago added 1,800 jobs at 0.05% in Feb 2012, compared to a revised 20,900 job gain last month. On the other hand, Downstate added 4,700 jobs at 0.29%, compared to a revised 17,000 job loss in Jan. . In terms of the 12-month aggregated account, Metro registered a positive 0.93% growth by adding 47,700 jobs whereas Rural shed 15,700 jobs at -3.08%. Chicago added 41,700 jobs at 1.04% whereas Downstate shed 9,700 jobs at -0.59%. . Through Feb 2011, the cumulative job growth for Metro, Rural, Chicago and Downstate compared to January 1990 stood at 8.39%, 3.43%, 7.72% and 8.48%, respectively.

. Illinois Metro shed 1,600 jobs at -0.03% in Feb of 2012. Five out of the ten MSAs posted positive growth in February. . In terms of growth performance, four MSAs posted a net improvement from Jan to Feb, five declined in terms MSA of rank. page (2-4) . Metro-East dropped to the last place in terms of monthly growth performance, while Decatur climbed up to the first place. . Over the last 12-month period, Kankakee raised to the first place while Champaign-Urbana-Rantoul remained in the last place for the twelfth consecutive months.

Illinois Jobs Index: MSA REPORT release 04/23/2011 www.real.illinois.edu page 1 Talking Points Total non-farm Employment growth Jan 1990 – Feb 2012 . While the average growth for Illinois between 1990 and 2008 was 0.04%, the average from December State,130.0 2007 to Feb 2012 is -0.10%. This is worse than the performance during the 2000-2001 downturns which Downstate saw declines of -0.07%. &125.0 Metro . Since the economic crisis in December 2007, the average growth for Metro is -0.10% while for Rural it is -0.06%. The same rate for Upstate it is -0.11% while for Downstate is -0.08%. 120.0 . Over the last 12-month period, the average growth rate for Metro was 0.08% and for Rural it was -0.24%. . In 2010, Illinois’s performance was better than the RMW and compared favorably to the nation. In 2011, 115.0 Illinois has performed as good as the RMW but worse than the nation. In 2011, the average growth rate for Illinois and the RMW is 0.05% while for the nation is 0.12%. So far until Feb 2012, the average 110.0 growth rate for Illinois is 0.09%, for the RMW is 0.36% while for the nation is 0.19%. . Downstate registered a -0.37% average decline in 2012 compared to an average gain of 0.10% growth in 105.0 2007, -0.17% decline in 2008, -0.32% decline in 2009, 0.09% growth in 2010 and 0.04% growth in 2011.

100.0

US (1) RMW (2) 95.0 IL (3) IL_NonChicago (4) 90.0 Metro (5) Rural (6)

85.0 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012

By MSA

Jan 2012 – Feb 2012 Last 12 months Feb 2012 Growth Market Area Number of Growth Number Growth Number compared Jobs Rate % Of Jobs Rate % of Jobs to Illinois Bloomington-Normal (B-N) 89,800 + 0.73 700 -0.82 -700

Champaign-Urbana (C-U-R) 103,000 - -1.60 -1,700 -1.92 -2,000

Chicago 4,047,700 - 0.05 1,800 1.04 41,700

Davenport-Rock Island-Moline (D-R-M) 177,900 - -0.07 -100 -1.34 -2,400

Decatur 53,400 + 2.14 1,100 2.04 1,100 Kankakee 43,700 + 0.52 200 3.45 1,500

Peoria 183,300 + 0.76 1,400 2.24 4,000

Rockford 148,300 - -0.08 -100 3.00 4,300

Springfield 112,000 - -0.36 -400 0.00 0

Metro-East 233,100 - -1.87 -4,400 0.15 400 Illinois 0.11 6,500 0.57 32,000 MSA League Tables*: Non-farm Employment Growth Rate

Monthly growth:

Rank Jan 2011 Feb 2012 Rank Change**

1 Champaign-Urbana-Rantoul (3.61%) Decatur (2.14%) 1 (+9)

Illinois Jobs Index: MSA REPORT release 04/23/2011 www.real.illinois.edu page 2 2 Metro-East (2.29%) Peoria (0.76%) 2 (+7) 3 Rockford (1.59%) Bloomington-Normal (0.73%) 3 (+5) 4 Kankakee (1.13%) Kankakee (0.52%) 4 (+0) 5 Davenport-Rock Island-Moline (0.56%) Chicago (0.05%) 5 (+1) 6 Chicago (0.52%) Davenport-Rock Island-Moline (-0.07%) 6 (-1) 7 Springfield (0.1%) Rockford (-0.08%) 7 (-4) 8 Bloomington-Normal (-0.41%) Springfield (-0.36%) 8 (-1) 9 Peoria (-0.54%) Champaign-Urbana-Rantoul (-1.6%) 9 (-8) 10 Decatur (-1.12%) Metro-East (-1.87%) 10 (-8)

Growth over last 12-months:

Rank Jan 2011 Feb 2012 Rank Change**

1 Rockford (2.72%) Kankakee (3.45%) 1 (+1) 2 Kankakee (2.48%) Rockford (3%) 2 (-1) 3 Metro-East (2.46%) Peoria (2.24%) 3 (+1) 4 Peoria (1.52%) Decatur (2.04%) 4 (+2) 5 Chicago (1.02%) Chicago (1.04%) 5 (+0) 6 Decatur (0.86%) Metro-East (0.15%) 6 (-3) 7 Springfield (0.53%) Springfield (0%) 7 (+0) 8 Davenport-Rock Island-Moline (-1.35%) Bloomington-Normal (-0.82%) 8 (+1) 9 Bloomington-Normal (-1.55%) Davenport-Rock Island-Moline (-1.34%) 9 (-1) 10 Champaign-Urbana-Rantoul (-2.3%) Champaign-Urbana-Rantoul (-1.92%) 10 (+0)

Talking Points . Metro-East (2nd to 10th) and Champaign-Urbana-Rantoul (1st to 9th) all experienced the deepest fall this month. . Rockford (3rd to 7th), Davenport-Rock Island-Moline (5th to 6th) and Springfield (7th to 8th) also dropped in terms of rank from last month. . The most remarkable upward move in February was recorded for Decatur (10th to 1st). . Peoria (9th to 2nd), Bloomington-Normal (8th to 3rd), Chicago (6th to 5th) also gained in terms of rank from MSA League last month. Tables . In the 12 months growth league table, upward moves were recorded for Kankakee (2nd to 1st) and Peoria (4th to 3rd), Decatur (6th to 4th) and Bloomington-Normal (9th to 8th) while downward moves were recorded for Rockford (1st to 2nd), Metro-East (3rd to 6th) and Davenport-Rock Island-Moline (8th to 9th). . Chicago, Springfield and Champaign-Urbana-Rantoul remained in the same place. . In the 12 months growth league table, Champaign-Urbana-Rantoul stayed in the last place for the twelfth consecutive month.

*MSA League Tables are based on revised employment data. For instances of equal growth rate for multiple MSAs ranks are decided based on change of growth rate from previous month. **Changes indicate change in rank position compared to previous month and correspond to the MSA at the right column. Rise is indicated by a ‘’ and decline by a ‘’ and for an unchanged position a ‘’ is used. Figures in parenthesis indicate relative rank change from previous month. Shaded area on above chart represents Illinois growth.

Feb 2012 MSA Employment by Sectors (000s) * Trade, Profession Manufac- transporta Informa- Financial al & Education Leisure & Other Govern- Construc- Market Area turing tion & tion activities business & health hospitality Services ment tion (CON) (MAN) utilities (INF) (FIN) services (EDU) (LEI) (OTH) (GOV) (TTU) (PRO) Bloomington- 2.61 4.01 12.71 0.81 12.12 18.36 11.03 9.84 3.08 14.69 Normal (2.9%) (4.5%) (14.3%) (0.9%) (13.6%) (20.6%) (12.4%) (11.0%) (3.5%) (16.5%)

Illinois Jobs Index: MSA REPORT release 04/23/2011 www.real.illinois.edu page 3 3.34 7.87 17.00 2.60 4.34 7.83 13.13 10.2 3.17 35.36 Champaign-Urbana (3.2%) (7.5%) (16.2%) (2.5%) (4.1%) (7.5%) (12.5%) (9.7%) (3.0%) (33.8%) 123.27 378.72 809.03 76.67 276.84 695.29 608.98 377.1 180.21 516.09 Chicago (3%) (9.4%) (20%) (1.9%) (6.8%) (17.2%) (15.1%) (9.3%) (4.5%) (12.8%) Davenport-Rock 7.99 23.05 37.9 2.50 8.06 21.39 25.78 16.77 7.43 26.96 Island-Moline (4.5%) (12.9%) (21.3%) (1.4%) (4.5%) (12%) (14.5%) (9.4%) (4.2%) (15.1%) 3.26 10.55 10.81 0.70 2.03 4.04 8.26 4.51 2.36 5.91 Decatur (6.2%) (20.2%) (20.7%) (1.3%) (3.9%) (7.7%) (15.8%) (8.6%) (4.5%) (11.3%) 1.25 4.97 10.32 0.51 1.91 2.79 8.91 3.92 1.73 7.05 Kankakee (2.9%) (11.4%) (23.7%) (1.2%) (4.4%) (6.4%) (20.5%) (9.0%) (4.0%) (16.2%) 7.69 27.27 34.87 2.55 7.24 22.96 32.78 17.18 7.97 21.24 Peoria (4.2%) (15%) (19.2%) (1.4%) (4.0%) (12.6%) (18%) (9.4%) (4.4%) (11.7%) 4.68 30.1 28.08 1.72 5.87 16.23 23.91 12.36 8.57 16.16 Rockford (3.2%) (20.3%) (18.9%) (1.2%) (4.0%) (10.9%) (16.1%) (8.3%) (5.8%) (10.9%) 4.66 3.35 17.38 1.91 7.15 12.25 19.43 9.97 6.27 29.96 Springfield (4.1%) (3.0%) (15.5%) (1.7%) (6.4%) (10.9%) (17.3%) (8.9%) (5.6%) (26.7%) 189.71 578.26 1136.75 99.73 365.4 842.82 852.9 525.99 246.85 833.17 IL (3.3%) (10.2%) (20%) (1.8%) (6.4%) (14.8%) (15%) (9.3%) (4.3%) (14.7%) * The Illinois Department of Employment Security does not collect sector employment data for Metro-East

Total non-farm Employment growth rate Jan 1990 – Feb 2012

150.0 IL(1) Bloomington-Normal (2) Champaign-Urbana-Rantoul (3) 140.0 Chicago (4) Davenport-Rock Island-Moline (5) Decatur (6) Kankakee (7) Peoria (8) 130.0 Rockford (9) Springfield (10) St.Louis (11)

120.0

110.0

100.0

90.0 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012

MSA DESCRIPTION: Bloomington-Normal (B-N): McLean Co.Champaign-Urbana (C-U-R): Champaign Co., Ford Co. & Piatt Co. Chicago: Cook Co. IL, DeKalb Co. IL, DuPage Co. IL, Grundy Co. IL, Kane Co. IL, Kendall Co. IL, Lake Co. IL, McHenry Co. IL, Will Co. IL & Kenosha Co. WI Davenport-Moline-Rock Island (D-R-M): Henry Co. IL, Mercer Co. IL, Rock Island Co. IL & Scott Co. IA Decatur: Macon Co.Kankakee: Kankakee Co. Metro-East: Bond Co., Calhoun Co., Clinton Co., Jersey Co., Macoupin Co., Madison Co., Monroe Co. & St. Clair Co. Peoria-Pekin (Peoria): Marshall Co., Peoria Co., Stark Co., Tazewell Co. & Woodford Co.Rockford: Boone Co. & Winnebago Co. Springfield: Menard Co. &SangamonCo.The MSA data (unless noted) were seasonally adjusted to be consistent with state totals. The Illinois Economic Observatory and Illinois Jobs Indexis part of the Institute of Government and Public Affairs at the University of Illinois.

Employment Forecast for MSAs

Illinois Jobs Index: MSA REPORT release 04/23/2011 www.real.illinois.edu page 4 Sector with Sector with Feb 2013 Highest Lowest Feb 2012* Number of Growth Rate Growt MSAs (p)* Growth Jobs * % h Growth Rate Rate (p) (p) Bloomington- 89,800 90,250 100~450 0.11%~0.50% + PRO (2.9%) MAN (-9.5%) Normal Champaign- 103,000 102,800 -200~800 -0.20%~0.80% - CON (3.5%) MAN (-5.4%) Urbana-Rantoul Chicago 4,047,700 4,107,600 10,500~59,900 0.30%~1.50% + PRO (4.9%) CON (-7.5%) Davenport-Rock 177,900 175,700 -2,200~400 -1.20%~0.20% - EDU (2.3%) PRO (-7.3%) Island-Moline Decatur 53,400 53,200 -200~500 -0.40%~0.90% - CON (1.7%) INF (-4.0%) Kankakee 43,700 43,700 0~400 0%~0.90% + EDU (1.8%) CON (-7.1%) Peoria 183,300 182,900 -400~1,900 -0.20%~1.00% - PRO (5.0%) MAN (-6.0%) Rockford 148,300 151,200 2,000~2,900 1.30%~1.90% + MAN (9.0%) FIN (-2.4%) Springfield 112,000 111,900 -100~100 -0.9%~0.90% - EDU (2.9%) INF (-9.3%) *Total Non-Farm Jobs

Illinois Jobs Index: MSA REPORT release 04/23/2011 www.real.illinois.edu page 5 Illinois Jobs Index: MSA REPORT release 04/23/2011 www.real.illinois.edu page 6