Overall unemployment rate moved down to 4.9% with the biggest shift in Business Services, which gained 400 roles, based on the most recently available information published in April 2021.
Total employment in the Champaign-Urbana, IL market rose by 146 jobs in March and the unemployment rate decreased compared to the prior month by 20 bps to 4.9%. The national unemployment rate decreased by 38 bps over the same time to 6.2%.
- Champaign-Urbana, IL unemployment rate is 128 bps below the national rate which is a positive sign.
- Unemployment in the market is 190 bps above the unemployment rate in the market last year at this time, which is a negative.
- Average wages (per hour) grew in March versus prior month by 0.4% and are down compared to last year at this time in the market.
For key employment segments of the market, total jobs grew by 1.1% . Key sectors include:
- Government: 42,800; +200
- Education & Healthcare: 16,800; +100
- Transportation & Utilities: 15,700; +300
- Restaurants & Hotels: 10,400; +300
- Business Services: 10,000; +400
- Manufacturing: 7,500; no change
- Financial Services: 4,600; -100
- Construction, Mining: 3,400; +100
- Other Jobs: 3,200; no change
- IT & Development: 1,800; no change
Data is based on the most recent 12 months available, through March 2021 (Data published April 2021 and reports created on April 29, 2021). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.