During the recession period of December 2007-December 2009, 8 out of 10 Illinois sectors experienced employment declines. Education & health and Government were the only 2 sectors that had positive job growth during the recession. Since January 2010, Illinois employment growth resumed. Construction, Manufacturing, Trade, transportation & utilities, Financial activities, Professional & business services, and Leisure & hospitality have recovered 32.60%, 27.66%, 100.20%, 76.99%, 176.27% and 463.68% respectively from the jobs lost during the recession. Recovery By March 2018, Trade, transportation & utilities, Professional & business services, and by Sector Leisure & hospitality had both recovered to their previous employment peak levels. However, the recovery rates for Information and Other Services are still negative, namely and -91.53%. The 12-month-ahead job recovery forecasts show that the future recovery rates in Illinois will increase for every sector except Information, Professional & business services, and Other Services. Construction Feb 2018 - Mar 2018 Feb 2018 - Mar 2018 % Number of Change Jobs 0.27 600 Illinois 1.05 8,900 RMW -0.21 -15,000 Nation Manufacturing Feb 2018 - Mar 2018 Feb 2018 - Mar 2018 % Number of Change Jobs 0.15 900 Illinois 0.16 4,400 RMW 0.17 22,000 Nation Trade, transportation & utilities (TTU) Feb 2018 - Mar 2018 Feb 2018 - Mar 2018 % Number of Change Jobs
Recovery by Sector During the recession period of December 2007-December 2009, 8 out of 10 Illinois sectors experienced employment declines. Education & health and Government were the only 2 sectors that had positive job growth during the recession. Since January 2010, Illinois employment growth resumed. Construction, Manufacturing, Trade, transportation & utilities, Financial activities, Professional & business services, and Leisure & hospitality have recovered 32.60%, 27.66%, 100.20%, 76.99%, 176.27% and 463.68% respectively from the jobs lost during the recession. By March 2018, Trade, transportation & utilities, Professional & business services, and Leisure & hospitality had both recovered to their previous employment peak levels. However, the recovery rates for Information and Other Services are still negative, namely and -91.53%. The 12-month-ahead job recovery forecasts show that the future recovery rates in Illinois will increase for every sector except Information, Professional & business services, and Other Services. Construction Feb 2018 - Mar 2018 Feb 2018 - Mar 2018 % Change Number of Jobs Illinois 0.27 600 RMW 1.05 8,900 Nation -0.21 -15,000 Manufacturing Feb 2018 - Mar 2018 Feb 2018 - Mar 2018 % Change Number of Jobs Illinois 0.15 900 RMW 0.16 4,400 Nation 0.17 22,000 Trade, transportation & utilities (TTU) Feb 2018 - Mar 2018 Feb 2018 - Mar 2018 % Change Number of Jobs
Apr2018ILjobindex.docx