Overall unemployment rate moved down to 3.3% with the biggest shift in Government, which gained 600 roles, based on the most recently available information published in December 2021.
Total employment in the Champaign-Urbana, IL market rose by 1,738 jobs in November and the unemployment rate decreased compared to the prior month by 30 bps to 3.3%. The national unemployment rate decreased by 37 bps over the same time to 3.9%.
- Champaign-Urbana, IL unemployment rate is 59 bps below the national rate which is a positive sign.
- Unemployment in the market is 140 bps below the unemployment rate in the market last year at this time, which is a positive.
- Average wages (per hour) grew in November versus prior month by 2.6% and are up 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: 44,700; +600
- Education & Healthcare: 17,100; +100
- Transportation & Utilities: 16,400; +200
- Restaurants & Hotels: 11,000; -300
- Business Services: 10,400; -100
- Manufacturing: 7,600; +100
- Financial Services: 4,900; +100
- Construction, Mining: 3,900; -100
- Other Jobs: 3,300; no change
- IT & Development: 1,800; no change
Data is based on the most recent 12 months available, through November 2021 (Data published December 2021 and reports created on January 6, 2021). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.