Overall unemployment rate moved up to 4.8% with the biggest shift in Restaurants & Hotels, which gained 25,800 roles, based on the most recently available information published in August 2022.

Total employment in the Chicago-Naperville-Elgin, IL-IN-WI market rose by 33,058 jobs in June and the unemployment rate increased compared to the prior month by 60 bps to 4.8%. The national unemployment rate increased by 46 bps over the same time to 3.8%.

  • Chicago-Naperville-Elgin, IL-IN-WI unemployment rate is 96 bps above the national rate which is a negative sign.
  • Unemployment in the market is 280 bps below the unemployment rate in the market last year at this time, which is a positive.
  • Average wages (per hour) grew in June versus prior month by 4% and are down compared to last year at this time in the market.
Month over Month Unemployment Change
Year over Year Unemployment Change
Chicago-Naperville-Elgin, IL-IN-WI Unemployment June 2022

For key employment segments of the market, total jobs grew by 1.2% . Key sectors include:

  • Transportation & Utilities: 962,200; +10,700
  • Business Services: 857,200; +14,600
  • Education & Healthcare: 725,300; -4,500
  • Government: 529,100; -6,800
  • Restaurants & Hotels: 484,700; +25,800
  • Manufacturing: 413,200; +3,500
  • Financial Services: 314,600; +1,200
  • Construction, Mining: 194,400; +8,100
  • Other Jobs: 189,000; +1,800
  • IT & Development: 79,500; +1,500
Chicago-Naperville-Elgin, IL-IN-WI Unemployment by Industry June 2022

Data is based on the most recent 12 months available, through June 2022 (Data published August 2022 and reports created on August 3, 2022).  Source: Government data agency and locally acquired statistics.

Note: All reported data is not seasonally adjusted.