Illinois’ job market continued to struggle in January as the national economy grew. The job troubles were seen in eight of Illinois’ 13 metropolitan areas, with Champaign-Urbana hit the hardest.
New data shows nine of 15 Illinois metropolitan areas added jobs in December as the state gained 8,800 jobs. Ten metro areas reported higher unemployment than the national average.
New data shows only six of 15 Illinois metropolitan areas added jobs in October as the state shed 2,400 jobs. Twelve metro areas reported higher unemployment than the national average.
Published Sept. 26, 2024 Illinois is in the midst of a housing affordability crisis. Over a third of residents are considered “burdened” by housing costs, meaning they pay over 30% of their income on costs related to housing. That is a greater portion of residents burdened by housing than any other state in the Midwest....
Out of 90 Midwestern metropolitan areas, Illinois has four in the bottom 10 for new housing per capita in 2023. Housing affordability is directly linked to getting units built.
Illinois grew jobs in eight of its 13 metropolitan areas during April, but the Chicago area’s sluggish growth and a stubbornly high unemployment rate tempered any gains.
10 of the 13 Illinois metro areas added jobs from January 2024 to February 2024, led by the Chicago-Naperville-Elgin area. Five still reported fewer jobs than prior to the pandemic.
Six of the 13 Illinois metro areas still reported fewer jobs than prior to the pandemic. Six metros added jobs from December 2023 to January 2024, led by the Champaign-Urbana area.