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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 - Mar
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Illinois Job Index - Mar
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MSA Job Report - Mar
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Chicago Business Activity Index (CBAI) - April
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Illinois MSA Indices and Forecasts - Mar
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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 325,200 jobs by February 2022. The greatest increase is likely to occur in Trade, transportation & utilities (105,000 more jobs).
- The state of Illinois now has a net loss of 300,300 jobs since the beginning of the recession in December 2007.
See the full report (Released: 04/15/2021)
- Illinois gained 21,100 jobs in February 2021. The top three job-gain sectors were Leisure & hospitality (32,300 more jobs), Information (700 more jobs), and Trade, transportation & utilities (2,400 more jobs). The top three sectors that lost jobs in February in Illinois were Construction (5,600 less jobs), Other Services (1,300 less jobs), and Professional & business services (4,500 less jobs).
- In February, Illinois’s official unemployment rate was 7.4% while its shadow unemployment rate was 13.6%. To bring the two rates together, in other words bringing down shadow unemployment rate to 7.4%, another 598,900 jobs need to be created.
- The Nation gained 468,000 jobs at a rate of 0.33% in February, compared with a revised 233,000-job gain in January 2021. The top three job-gain sectors were Leisure & hospitality (384,000 more jobs), Professional & business services (78,000 more jobs), and Other Services (19,000 more jobs).
- The RMW gained 28,800 jobs in February after a 79,100-job gain in January 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: 04/15/2021)
- Illinois Rural area lost 600 jobs at 0.08% this month, compared to a revised 13,900-job gain in January 2021. At the same time, Metro gained 21,700 jobs at 0.44% in February compared to a revised 9,300-job gain in the previous month. Consequently, the 21,100-job gain in Illinois was mainly driven by mixed performances in all areas.
See the full report (Released: 04/15/2021)
- The Chicago Business Activity Index (CBAI) decreased to 139.0 in February from 248.2 in January. The decrease is mainly attributed to negative construction job growth and a sharp decline in expected retail sales.
See the full report (Released: 04/15/2021)
- According to the forecast for January 2022, Champaign-Urbana, Decatur, Peoria, and Rockford are likely to perform worse over this period than Chicago, all other MSAs will fare better than Chicago.
See the full report (Released: 04/15/2021)
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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