Chicago-Joliet-Naperville, IL
| Data Series | Jan 2022 | May 2022 |
|---|---|---|
| Unemployment Rate(2) | 5.1 | 4.2 |
| Nonfarm Wage and Salary Employment | ||
| Total Nonfarm(3) | 3,634.4 | 3,746.1 |
| 12-month % change | 5.5 | 4.9 |
What is the unemployment rate in Chicago 2021?
The Chicago area’s unemployment rate did drop from 8.7% in January 2021 to 4.5% in November, the most recent month available, a decline that was seen nationwide.
What city has the highest unemployment rate?
Cleveland-Elyria
As of May 2022, the unemployment rate was highest in the Cleveland-Elyria, OH metropolitan area, and stood at 5.5 percent.
| Characteristic | Unemployment rate |
|---|---|
| New York-Newark-Jersey City, NY-NJ-PA | 4.2% |
| Chicago-Naperville-Elgin, IL-IN-WI | 4.2% |
| New Orleans-Metairie, LA | 4.1% |
What is Chicago’s unemployment rate in 2020?
The unemployment rate in Chicago peaked in April 2020 at 18.2% and is now 13.8 percentage points lower. From a post peak low of 4.4% in April 2022, the unemployment rate has now grown by 0.0 percentage points. You can also compare Chicago unemployment with unemployment in other cities.
What is the unemployment rate in Cook County?
4.6
At-a-glance: Cook County, IL (May 2022)
| Not Seasonally Adjusted | |
|---|---|
| Rate (%) | 4.6 |
| Unemployment | 123,301 |
| Employment | 2,530,377 |
| Labor Force | 2,653,678 |
What is Chicago’s poverty rate?
Table
| Population | |
|---|---|
| Income & Poverty | |
| Median household income (in 2020 dollars), 2016-2020 | $62,097 |
| Per capita income in past 12 months (in 2020 dollars), 2016-2020 | $39,068 |
| Persons in poverty, percent | 17.3% |
How much is minimum wage in Chicago?
The state minimum wage in Illinois is $12; the federal minimum wage sits at $7.25. It has not increased since 2009. During the pandemic, some employers, particularly those in the restaurant, retail and travel industries, have upped starting wages to $15 or higher.
Which state has the worst unemployment?
Unemployment rate by jurisdiction
| Rank | Rank (50 states) | State federal district or territory |
|---|---|---|
| 1 | — | American Samoa |
| — | — | Northern Mariana Islands |
| 2 | — | Puerto Rico |
| 3 | 1 | Nevada |
Which us city has the lowest unemployment rate?
Salt Lake City, Utah.
What state has the most job opportunities?
South Carolina. South Carolina has the highest employment rate in the United States of 97.7% (an unemployment rate of 2.3%). From September 2019 to December 2019, South Carolina’s unemployment rate dropped from 2.9% to 2.3%, hitting historic lows four times.
How is job market in Chicago?
For our latest analysis on trends in the national job market, click here.
Chicago Quick Facts.
| November 2020 | YoY | |
|---|---|---|
| Chicago Open Jobs | 195,808 | 0.1% |
| U.S. Open Jobs | 5,548,118 | -4.6% |
| Chicago Median Pay | $ 60,646 | 3.3% |
| U.S. Median Pay | $ 55,836 | 4.1% |
What is the cost of living in Chicago?
Chicago cost of living is 106.9
| COST OF LIVING | Chicago | Illinois |
|---|---|---|
| Health | 90.6 | 97.2 |
| Housing | 99.1 | 79.5 |
| Median Home Cost | $291,200 | $234,000 |
| Utilities | 92.8 | 97.7 |
How many people are unemployed in Chicago IL?
Chicago, IL Unemployment Rate is at 4.90%, compared to 4.70% last month and 8.10% last year.
What is the unemployment rate in Illinois right now?
4.50%
Illinois Unemployment Rate is at 4.50%, compared to 4.60% last month and 6.50% last year.
What is the unemployment rate in Philadelphia?
Nationally, the unemployment was 11.2 percent.
Unemployment in the Philadelphia Area by County – June 2020.
| Area | Philadelphia, Pa. Metropolitan Division | |
|---|---|---|
| Unemployment rates | Jun 2018 | 5.4 |
| Jun 2019 | 5.2 | |
| Jun 2020(1) | 16.5 | |
| Change from | Jun 2018 to Jun 2020(1) | 11.1 |
What is the current unemployment rate in the United States right now?
The national unemployment rate remained at 3.6%, unchanged from March, but is 2.3 points lower than in June 2021.
Why is Chicago so poor?
It has lost much business and industry, it has lost much of its middle-class population, and it has experienced an increased crime rate. Several systemic problems have contributed to increased poverty in Chicago, making it nearly impossible for the urban poor to escape the cycle of poverty.
What is the poorest area of Chicago?
Fuller Park had the city’s highest unemployment rate (40 percent), the second-highest percentage of households below the poverty line (55.5 percent), and the second-lowest per-capita income ($9,016). It was one of only two Chicago community areas with a per-capita income below $10,000.
What is considered high income in Chicago?
According to the report, here is how much does it take to be considered “rich” in Chicago: Lowest Income to be Considered “Rich” (Top 20%): $129,772. Average Income of the Top 20%: $253,077. Average Income of the Top 5%: $482,166.
What does McDonald’s pay in Chicago?
How much does a Crew Member make at McDonald’s in Chicago? Average McDonald’s Crew Member hourly pay in Chicago is approximately $13.68, which is 10% above the national average.
Is Chicago a nice place to live?
It can be easy to find your place in Chicago.
But spend time here and you’ll start to see why Chicagoans love their city: the clear and open lakefront, affordability, and abundant transportation options. Each neighborhood has something to love, from historic theaters to community gardens to baseball stadiums.