Category: Illinois
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Elgin, IL – December 2023 Jobs Report – Modest Job Growth Amidst Regional Stagnation
The December 2023 jobs report for Elgin, IL, shows continued economic recovery following the pandemic, albeit at a slower pace than the national average. The Bureau of Labor Statistics (BLS) data for the Chicago-Naperville-Elgin, IL-IN-WI Metropolitan Statistical Area (MSA) indicates an increase of 1,600 jobs in December, representing a meager 0.03% growth. Highlights: Industry and…
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Peoria, IL – December 2023 Jobs Report – Mixed signals amid national growth
The December 2023 jobs report for Peoria, IL, presents a mixed picture compared to both national and statewide trends. While the U.S. economy added jobs and Illinois saw increases in most metro areas, Peoria’s job market remained largely flat. Overview: Highlights: Comparison to previous periods: Future outlook: 10 growing occupations in Peoria: 10 companies hiring…
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Champaign, IL – December 2023 Jobs Report – Bucking the Trend with Job Losses
Champaign-Urbana, the home of the University of Illinois Urbana-Champaign, defied the statewide trend of job gains in December 2023, shedding jobs for the first time since June. Despite this, the unemployment rate held steady, suggesting a complex economic picture for the region. Highlights: Industries and Occupations: Grew: Shrank: Compared to: Future Outlook: The Champaign-Urbana job…
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Waukegan, IL – December 2023 Jobs Report – Resilience Amidst National Slowdown
Waukegan’s job market displayed remarkable resilience in December 2023, defying national trends of a slight slowdown. The city added 120 new jobs, marking a 0.3% increase in its employment base compared to November 2023. This positive performance continued a three-month upward trend, solidifying Waukegan’s position as a relatively stable job market within the Chicagoland area.…
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Cicero Township, IL – December 2023 Jobs Report – Steady Gains Amid National Uncertainty
Cicero Township’s labor market ended 2023 on a positive note, adding jobs for the fourth consecutive month. The unemployment rate held steady at 4.2%, remaining below the national average of 4.6%. Despite ongoing national economic concerns, the local economy seems to be exhibiting resilience, offering promising signs for the new year. Highlights: What Industries and…
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Bloomington, IL – December 2023 Jobs Report – Mixed Signal for a Midwestern Metro
Bloomington, Illinois, closed out 2023 with a slight decline in employment, shedding 300 jobs in December, representing a 0.31% dip compared to November. This comes amidst a mixed bag of statewide performance, with Illinois adding 1,600 jobs overall. While not a dramatic loss, the trend raises questions about the metro’s resilience in the face of…
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Evanston, IL – December 2023 Jobs Report – A Steady Pace Amidst National Uncertainty
Evanston’s December 2023 jobs report paints a picture of stability amidst a backdrop of national economic uncertainty. While growth wasn’t spectacular, the city’s unemployment rate remained steady at 4.2%, holding firm against the national average of 4.6% (Bureau of Labor Statistics, January 2024). This stability is likely due to Evanston’s diverse economy, fueled by a…