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Regional Economics Applications Laboratory
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04/30/2021 |
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05/15/2019 |
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05/31/2019 |
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07/01/2019 |
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Claudia Montanía successfully defended her Ph.D. dissertation at University of Extremadura
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3rd REAL-China Meeting at Nankai University
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Dr. Raquel Langarita received her PhD at the Universidad de Zaragoza
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Does proximity to school still matter once access to your preferred school district has already been secured?
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The U.S. Interstate Trade Will Overcome the Negative Impact of Climate Change on Agricultural Profit
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Transport infrastructure and the geography of foreign direct investments in Turkey
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The Impact of High-Speed Railway on Urban Growth: A Multi-Scale Spatiotemporal Approach
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Economic Crisis and Youth Unemployment in Europe: the Role of Regional Specialization Through a Spatial Quantile Approach
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The Impact of High-Speed Railway on Urban Growth: A Multi-Scale Spatiotemporal Approach
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Illinois Economic Review - Apr
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Illinois Job Index - Apr
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MSA Job Report - Apr
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Chicago Business Activity Index (CBAI) - June
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Illinois MSA Indices and Forecasts - Apr
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The Regional Economics Applications Laboratory focuses on the development and use of analytical models for urban and regional forecasting and economic development.
REAL Seminar Series - Spring 2021 |
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| NEXT SEMINAR: April 30th |
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When: Fridays, 9:00-10:00amWhere: Via Zoom, join us herehttps://illinois.zoom.us/j/89043452822?pwd=N3pWV00xQmkraGhUeWJ6MUk0Z1dNdz09More Information and Schedule: On this page |
Trina Hamilton
PhD. Associate Professor, Geography. Co-director, Center for Trade, Environment and Development (CTED). State University of New York at Buffalo"Ethical product havens in the global diamond trade: Using the Wayback Machine to evaluate ethical market outcomes"Michael FritschPhD. Professor at the Friedrich Schiller University Jena, Germany; Associate Professor at the University of Groningen, The Netherlands"Is innovation (increasingly) concentrated in large cities? An international comparison" |
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- The 12-month forecast shows that Illinois is likely to experience an employment increase of 326,900 jobs by March 2022. The greatest increase is likely to occur in Trade, transportation & utilities (110,500 more jobs).
- The state of Illinois now has a net loss of 251,900 jobs since the beginning of the recession in December 2007.
See the full report (Released: 05/31/2021)
- Illinois gained 32,200 jobs in March 2021. The top three job-gain sectors were Leisure & hospitality (13,700 more jobs), Construction (6,300 more jobs), and Other Services (2,000 more jobs). The top three sectors that lost jobs in March in Illinois were Government (2,600 less jobs), Information (200 less jobs), and Financial activities (700 less jobs).
- In March, Illinois’s official unemployment rate was 7.1% while its shadow unemployment rate was 15.7%. To bring the two rates together, in other words bringing down shadow unemployment rate to 7.1%, another 586,700 jobs need to be created.
- The Nation gained 916,000 jobs at a rate of 0.64% in March, compared with a revised 468,000-job gain in February 2021. The top three job-gain sectors were Leisure & hospitality (280,000 more jobs), Construction (110,000 more jobs), and Other Services (42,000 more jobs).
- The RMW gained 73,400 jobs in March after a 40,500-job gain in February 2021.
- The 12-month-ahead job recovery forecasts show that the future recovery rates in Illinois will increase for every sector.
See the full report (Released: 05/31/2021)
- Illinois Rural area gained 2,800 jobs at 0.38% this month, compared to a revised 7,300-job gain in February 2021. At the same time, Metro gained 29,400 jobs at 0.59% in March compared to a revised 30,000-job gain in the previous month. Consequently, the 32,200-job gain in Illinois was mainly driven by positive performances in all areas.
See the full report (Released: 05/31/2021)
- The Chicago Business Activity Index (CBAI) slightly decreased to 103.4 in April from 103.9 in March. The decrease is mainly attributed to decline in expected retail sales. However, the CBAI still surpasses 100, which indicates that the economy is on a recovery path.
See the full report (Released: 06/15/2021)
- According to the forecast for February 2022, Peoria is likely to perform worse over this period than Chicago, all other MSAs will fare better than Chicago.
See the full report (Released: 05/31/2021)
Regional Economics Applications Laboratory65-67 Mumford Hall 1301 W. Gregory Dr. Urbana, IL 61801 Phone: (217) 333-4740 |
Emeritus Director: Geoffrey J. D. Hewings (hewings@illinois.edu) Director: Sandy Dall'erba (dallerba@illinois.edu) |
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