Overall unemployment rate moved down to 5.1% with the biggest shift in Government, which gained 300 roles, based on the most recently available information published in September 2021.
Total employment in the Champaign-Urbana, IL market rose by 4,099 jobs in July and the unemployment rate decreased compared to the prior month by 50 bps to 5.1%. The national unemployment rate decreased by 43 bps over the same time to 5.7%.
- Champaign-Urbana, IL unemployment rate is 56 bps below the national rate which is a positive sign.
- Unemployment in the market is 400 bps below the unemployment rate in the market last year at this time, which is a positive.
- Average wages (per hour) grew in July versus prior month by 1.6% and are down compared to last year at this time in the market.
For key employment segments of the market, total jobs grew by 0.5% . Key sectors include:
- Government: 35,100; +300
- Education & Healthcare: 16,900; -100
- Transportation & Utilities: 15,700; no change
- Restaurants & Hotels: 10,300; +300
- Business Services: 10,200; -100
- Manufacturing: 7,600; no change
- Financial Services: 4,700; no change
- Construction, Mining: 4,200; +100
- Other Jobs: 3,400; +100
- IT & Development: 1,800; no change
Data is based on the most recent 12 months available, through July 2021 (Data published September 2021 and reports created on September 1, 2021). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.