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Regional Economics Applications Laboratory
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05/08/2020 |
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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 - Aug
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Illinois Job Index - Aug
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MSA Job Report - Aug
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Chicago Business Activity Index (CBAI) - Sep
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Illinois MSA Indices and Forecasts - Aug
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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 2020 |
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| NEXT SEMINAR: May 8th |
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When: Fridays, 3:30-4:30pmWhere: Via Zoom, join us here https://illinois.zoom.us/j/92744322836?pwd=ZUNzZlVmRm02ZHBreGhXejNkdHZTUT09More Information and Schedule: On this page |
Federico Ceballos
PhD student, UIUC"Crop Shifting Dynamics in Colombia’s Coffee Region: Can Discrete-Continuous Choice Models be Improved with Machine Learning?"Meng'er Tu PhD student, Shanghai University, China"The role of dependency in knowledge production: Based on Chinese AI patenting activity" |
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- The 12-month forecast shows that Illinois is likely to experience an employment increase of 185,300 jobs by July 2021. The greatest increase is likely to occur in Education & health (63,200 more jobs).
- The state of Illinois now has a net loss of 364,500 jobs since the beginning of the recession in December 2007.
See the full report (Released: 09/24/2020)
- Illinois gain 93,200 jobs in July 2020. The top three job-gain sectors were Leisure & hospitality (65,300 more jobs), Education & health (14,100 more jobs), and Professional & business services (8,400 more jobs). The sectors that lost jobs in July in Illinois were Construction (3,300 less jobs), Information (1,200 less jobs), and Manufacturing (4,600 less jobs).
- In July, Illinois’s official unemployment rate was 11.3% while its shadow unemployment rate was 18.5%. To bring the two rates together, in other words bringing down shadow unemployment rate to 11.3%, another 509,800 jobs need to be created.
- The Nation gain 1,763,000 jobs at a rate of 1.28% in July, compared with a revised 4,791,000-job gain in June 2020. The top three job-gain sectors were Leisure & hospitality (592,000 more jobs), Other Services (149,000 more jobs), and Government (301,000 more jobs).
- The RMW gain 343,000 jobs in July after an 837,500-job gain in June 2020.
- The 12-month-ahead job recovery forecasts show that the future recovery rates in Illinois will increase for every sector except Construction and Information.
See the full report (Released: 09/24/2020)
- Illinois Rural area gain 18,600 jobs at 2.86% this month, compared to a revised 31,900-job gain in June 2020. At the same time, Metro gain 74,600 jobs at 1.53% in July compared to a revised 110,400-job lost in the previous month. Consequently, the 93,200-job gain in Illinois was mainly driven by positive performances in all areas.
See the full report (Released: 09/24/2020)
- The Chicago Business Activity Index (CBAI) decreased to 33.7 in July from 54.9 in June. The decrease is mainly attributed to negative manufacturing, and construction job growth and a decline in retail sales.
See the full report (Released: 09/24/2020)
- According to the forecast for June 2021, Bloomington-Normal and Peoria are likely to perform better over this period than Chicago, all the other MSAs will fare less well than Chicago.
See the full report (Released: 09/24/2020)
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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