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Jobs Up in Most Metro Areas in November

by Josh Jones
Times Tribune Editor
jljones@timestribunenews.com

SPRINGFIELD – Over-the-year, total non-farm jobs increased in 10 metropolitan areas and decreased in four for the year ending November 2023, according to data released Friday, Dec. 29 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 11 metropolitan areas and decreased in three.

“Further job growth continues to expand throughout every corner of the state across a variety of industry sectors, creating new opportunities for workers,” said Deputy Governor Andy Manar, in a news release. “IDES and its workforce partners are committed to assisting both employers and jobseekers with available resources to find the right fit for their workforce and employment needs.”

Madison County saw its monthly unemployment rate drop from 4.4% in October to 3.8% in November. In November 2022 unemployment was at 3.4%.

Metro East Highlights

The November 2023 unemployment rate for the Illinois Section of the St. Louis Metropolitan Statistical Area was 3.7%. The unemployment rate increased +0.2 percentage point from the November 2022 rate of 3.5%. The data are not seasonally adjusted.

The labor force expanded by 10,285 participants between November 2022 and November 2023, from 334,780 to 345,065. During that time, the estimated number of residents employed increased by +9,126, from 323,122 to 332,248. There were 12,817 unemployed people in the labor force in November 2023. The number of unemployed persons increased by +1,159 compared to the 11,658 unemployed persons in November 2022.

Total non-farm payrolls increased by +2,200 jobs in November 2023 to 243,200 compared to 241,000 jobs in November 2022.

Payrolls increased in Leisure and Hospitality (1,300), Professional and Business Services (500), Mining and Construction (500), Wholesale Trade (300), Educational and Health Services (300), Other Services (200) and Government (200).

Employment in the Transportation, Warehousing, and Utilities sector was unchanged year-over-year.

Non-farm payrolls declined in Retail Trade (600), Financial Activities (200), Manufacturing (200) and Information (-00) between November 2022 and November 2023.

State and National 

For the state, unemployment decreased from 4.5% in October to 4.2% in November. In November 2022 unemployment was at 4.2%. The country as a whole saw unemployment decrease from 3.6% in October to 3.5% in November. In November 2022 the country unemployment was at 3.4%.

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