The unemployment rate is essentially unchanged, but did tick up a smidge in the C-U metropolitan area. The News-Gazette had a breakdown and some explanation today:
June unemployment rate ticks up in Champaign CountyFull article here with some comparisons to Danville.
For the first time in 26 months, the local unemployment rate increased compared to a year ago.
But that may not be a bad thing, as it could indicate more unemployed people were looking for jobs, according to the Illinois Department of Employment Security.
In the Champaign-Urbana metro area, the unemployment rate ticked up to 4.6 percent, up from 4.5 percent a year ago June.
In the same period, C-U added 2,200 jobs...
The U.S. Bureau of Labor Statistics measures employment each month through a survey, and only counts people as unemployed if they've looked for a job in the past four weeks. So if more people are looking for jobs, but haven't yet found employment, the unemployment rate would increase.
According to the state, area employers advertised 4,700 positions in June, including 84 percent for full-time employment.
In the C-U metro area, eight sectors added jobs compared to a year ago, including 1,000 more government jobs; 600 more in education and health services; 500 in leisure and hospitality; 300 in professional and business services; 200 in transportation, warehousing and utilities; 100 in durable goods manufacturing; 100 in information; and 100 in other services.
Meanwhile, wholesale trade lost 300 jobs, retail trade lost 200 and non-durable manufacturing lost 100.
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