Overall unemployment rate moved up to 4.0% with the biggest shift in Government, which gained 500 roles, based on the most recently available information published in June 2022.
Total employment in the Champaign-Urbana, IL market declined by 994 jobs in April and the unemployment rate increased compared to the prior month by 20 bps to 4.0%. The national unemployment rate decreased by 42 bps over the same time to 3.3%.
- Champaign-Urbana, IL unemployment rate is 66 bps above the national rate which is a negative sign.
- Unemployment in the market is 80 bps below the unemployment rate in the market last year at this time, which is a positive.
- Average wages (per hour) declined in April versus prior month by -0.6% and are up compared to last year at this time in the market.
For key employment segments of the market, total jobs grew by 1.2% . Key sectors include:
- Government: 40,900; +500
- Education & Healthcare: 18,700; +100
- Transportation & Utilities: 16,200; -100
- Restaurants & Hotels: 11,600; +500
- Business Services: 8,500; no change
- Manufacturing: 7,900; +100
- Financial Services: 4,300; no change
- Construction, Mining: 3,700; +200
- Other Jobs: 3,400; +100
- IT & Development: 2,100; no change
Data is based on the most recent 12 months available, through April 2022 (Data published June 2022 and reports created on June 1, 2022). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.