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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 - Nov
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Illinois Job Index - Nov
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MSA Job Report - Nov
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Chicago Business Activity Index (CBAI) - Dec
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Illinois MSA Indices and Forecasts - Nov
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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 284,400 jobs by October 2021. The greatest increase is likely to occur in Trade, transportation & utilities (98,500 more jobs).
- The state of Illinois now has a net loss of 277,400 jobs since the beginning of the recession in December 2007.
See the full report (Released: 01/12/2021)
- Illinois lost 1,100 jobs in October 2020. The top three job-gain sectors were Construction (4,200 more jobs), Professional & business services (13,800 more jobs), and Leisure & hospitality (1,100 more jobs). The top three sectors that lost jobs in October in Illinois were Government (13,500 less jobs), Information (1,500 less jobs), and Education & health (6,500 less jobs).
- In October, Illinois’s official unemployment rate was 6.8% while its shadow unemployment rate was 14.4%. To bring the two rates together, in other words bringing down shadow unemployment rate to 6.8%, another 569,800 jobs need to be created.
- The Nation gained 610,000 jobs at a rate of 0.43% in October, compared with a revised 711,000-job gain in September 2020. The top three job-gain sectors were Leisure & hospitality (270,000 more jobs), Professional & business services (231,000 more jobs), and Construction (72,000 more jobs).
- The RMW gained 67,000 jobs in October after a 101,300-job gain in September 2020.
- The 12-month-ahead job recovery forecasts show that the future recovery rates in Illinois will increase for every sector except Information.
See the full report (Released: 01/12/2021)
- Illinois Rural area lost 15,000 jobs at 0.31% this month, compared to a revised 5,100-job gain in September 2020. At the same time, Metro gained 13,900 jobs at 0.28% in October compared to a revised 12,100-job gain in the previous month. Consequently, the 1,100-job loss in Illinois was mainly driven by mixed performances in all areas.
See the full report (Released: 01/12/2021)
- The Chicago Business Activity Index (CBAI) decreased to 105.8 in October from 125.9 in September. The decrease is mainly attributed to negative nonmanufacturing job growth and a decline in retail sales.
See the full report (Released: 01/12/2021)
- According to the forecast for September 2021, Bloomington-Normal, Davenport, and Rockford 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: 01/12/2021)
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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