Overall unemployment rate moved up to 5.6% with the biggest shift in Government, which lost 6,200 roles, based on the most recently available information published in July 2021.
Total employment in the Champaign-Urbana, IL market declined by 5,352 jobs in June and the unemployment rate increased compared to the prior month by 130 bps to 5.6%. The national unemployment rate increased by 60 bps over the same time to 6.1%.
- Champaign-Urbana, IL unemployment rate is 49 bps below the national rate which is a positive sign.
- Unemployment in the market is 470 bps below the unemployment rate in the market last year at this time, which is a positive.
- Average wages (per hour) grew in June versus prior month by 5.6% and are up compared to last year at this time in the market.
For key employment segments of the market, total jobs declined by -5.5%. Key sectors include:
- Government: 34,800; -6,200
- Education & Healthcare: 17,000; +100
- Transportation & Utilities: 15,600; +200
- Business Services: 10,200; no change
- Restaurants & Hotels: 10,100; -900
- Manufacturing: 7,600; +100
- Financial Services: 4,700; +100
- Construction, Mining: 4,100; +200
- Other Jobs: 3,300; no change
- IT & Development: 1,800; no change
Data is based on the most recent 12 months available, through June 2021 (Data published July 2021 and reports created on July 28, 2021). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.