Overall unemployment rate moved down to 5.0% with the biggest shift in Government, which gained 6,600 roles, based on the most recently available information published in April 2021.
Total employment in the Champaign-Urbana, IL market rose by 6,062 jobs in February and the unemployment rate decreased compared to the prior month by 130 bps to 5.0%. The national unemployment rate decreased by 26 bps over the same time to 6.6%.
- Champaign-Urbana, IL unemployment rate is 155 bps below the national rate which is a positive sign.
- Unemployment in the market is 230 bps above the unemployment rate in the market last year at this time, which is a negative.
- Average wages (per hour) grew in February versus prior month by 1.8% and are down compared to last year at this time in the market.
For key employment segments of the market, total jobs grew by 6.6% . Key sectors include:
- Government: 42,600; +6,600
- Education & Healthcare: 16,700; +100
- Transportation & Utilities: 15,400; -300
- Restaurants & Hotels: 10,100; +600
- Business Services: 9,600; no change
- Manufacturing: 7,500; +200
- Financial Services: 4,700; no change
- Construction, Mining: 3,300; -100
- Other Jobs: 3,200; no change
- IT & Development: 1,800; no change
Data is based on the most recent 12 months available, through February 2021 (Data published April 2021 and reports created on April 9, 2021). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.