Overall unemployment rate moved up to 3.7% with the biggest shift in Government, which gained 1,300 roles, based on the most recently available information published in December 2022.

Total employment in the Champaign-Urbana, IL market declined by 106 jobs in October and the unemployment rate increased compared to the prior month by 10 bps to 3.7%. The national unemployment rate increased by 8 bps over the same time to 3.4%.

  • Champaign-Urbana, IL unemployment rate is 30 bps above the national rate which is a negative sign.
  • Unemployment in the market is equal to the unemployment rate in the market last year at this time.
  • Average wages (per hour) grew in October versus prior month by 5.9% and are down compared to last year at this time in the market.
Month over Month Unemployment Change
Year over Year Unemployment Change
Champaign-Urbana, IL Unemployment October 2022

For key employment segments of the market, total jobs grew by 2.3% . Key sectors include:

  • Government: 40,900; +1,300
  • Education & Healthcare: 19,000; +100
  • Transportation & Utilities: 16,600; +300
  • Restaurants & Hotels: 12,400; +300
Champaign-Urbana, IL Unemployment by Industry October 2022

Data is based on the most recent 12 months available, through October 2022 (Data published December 2022 and reports created on December 2, 2022).  Source: Government data agency and locally acquired statistics.

Note: All reported data is not seasonally adjusted.