Labor stats offer mixed bag for Illinois
(The Center Square) – The Trump administration says the United States saw smashing job growth in April, but Illinois’ story is a mixed bag.
The Bureau of Labor Statistics said the U.S. economy added 115,000 jobs in April while the unemployment rate held steady at 4.3%.
“The April jobs report smashing expectations thanks to robust private-sector growth is yet another sign that the American economy remains on a solid trajectory under President Trump,” White House spokesman Kush Desai said.
University of Chicago professor Steven Durlauf said the news was moderately good.
“It’s really a labor market that continues to exhibit stasis. What I mean by that is the unemployment rate didn’t change. There’s some job growth. There’s not much wage growth,” Durlauf told The Center Square.
The Illinois unemployment rate rose to 5.2% in March, up from 5.0% in February.
Total nonfarm jobs decreased in eight of the state’s metropolitan areas, but the Champaign-Urbana area saw its 14th consecutive month of year-over-year growth.
Carly McCrory-McKay, Executive Director of the Champaign County Economic Development Corporation, said agriculture technology has helped drive investment.
“While of course the University of Illinois remains a major economic driver, we’ve seen a lot of growth, particularly in ag and in manufacturing in recent months,” McCrory-McKay told The Center Square.
Erg Bio recently closed a $6.5 seed round for startups in Central Illinois.
Last October, global crop protection company Rainbow announced the grand opening of its new partner production center in Champaign.
McCrory-McKay said the numbers reflect the strength and diversity of Champaign County’s regional economy, with higher education and health care also fueling growth.
Nationally, Durlauf said about a third of the jobs added last month came in health care.
The U of C professor said the job market for small businesses softened due to higher energy prices fueled by the armed conflict in the Middle East.
“One doesn’t want to say that it doesn’t matter that the overall numbers went up, but once you decompose it, what you don’t see is uniform growth,” Durlauf said.
The NFIB Small Business Employment Index fell in April for the second straight month, to 100.4. The current reading is below the 2025 average of 101.2 but slightly above the historical average of 100.0.
Champaign-Urbana is once again an outlier. McCrory-McKay said her office’s small business development center worked with more than 30 startups in the last year.
“We see a lot of interest in entrepreneurship here across the board, and of course we see a lot of activity that’s coming out of the University of Illinois,” McCrory-McKay said.
McCrory-McKay said Champaign County has seen particularly strong small business growth in the hospitality sector.
Brett Rowland contributed to this story.
Patchy Fog then Partly Sunny
Latest News Stories
Congressman calls out Chicago schools’ academic woes
Everyday Economics: A stable labor market is not enough
Fishermen advocate begins campaign against offshore wind, ‘industrializing’ of the ocean
Sorensen drug-pricing bill draws criticism from former FDA official
Supporters, critics clash over future of taxpayer funding for Rx Kids
U.S. Senate race headlines Maine primaries as voters head to polls Tuesday
Bessent backs 3% deficit goal despite 5% budget forecasts
Bessent backs 3% deficit goal despite 5% budget forecasts
Constables hope to find missing children in immigration search effort
Constables hope to find missing children in immigration search effort
Lawmaker blasts reports of ‘equitable assessments’ at medical school
FOID changes advance in Illinois House, not called in Senate
