Overall unemployment rate moved down to 4.1% with the biggest shift in Government, which gained 8,900 roles, based on the most recently available information published in November 2021.
Total employment in the Champaign-Urbana, IL market rose by 9,957 jobs in September and the unemployment rate decreased compared to the prior month by 150 bps to 4.1%. The national unemployment rate decreased by 72 bps over the same time to 4.6%.
- Champaign-Urbana, IL unemployment rate is 46 bps below the national rate which is a positive sign.
- Unemployment in the market is 150 bps below the unemployment rate in the market last year at this time, which is a positive.
- Average wages (per hour) grew in September versus prior month by 1.2% and are up compared to last year at this time in the market.
For key employment segments of the market, total jobs grew by 8.7% . Key sectors include:
- Government: 42,800; +8,900
- Education & Healthcare: 16,900; no change
- Transportation & Utilities: 16,000; +100
- Restaurants & Hotels: 11,000; +700
- Business Services: 10,300; no change
- Manufacturing: 7,500; -100
- Financial Services: 4,800; -100
- Construction, Mining: 3,900; no change
- Other Jobs: 3,300; no change
- IT & Development: 1,800; no change
Data is based on the most recent 12 months available, through September 2021 (Data published November 2021 and reports created on November 3, 2021). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.