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Local Employment Trends February 2015

Today, the Illinois Department of Employment Security (IDES) released preliminary February 2015 unemployment rates for municipalities across the state based on the current population survey (or “household survey”). The following brief summariz

February Home Prices and Sales are Up Over Last Year

This morning, the Illinois Association of Realtors (IAR) reported that residential sales in the city of Chicago increased by 3.9% since last year, with 1,448 sales in February 2015 compared…

Local Employment Trends January 2015

This March, the Illinois Department of Employment Security (IDES) released preliminary January 2015 unemployment rates for municipalities across the state based on the current population survey (or “household survey”). The following brief&helli

Midwest Job Openings and Hiring Activity

The Bureau of Labor Statistics (BLS) recently released January 2015 figures from its Job Openings & Labor Turnover Survey (JOLTS), which tracks job openings, hires, and separations (quits, layoffs and discharges,…

Case-Shiller Home Price Index

Standard & Poor’s (S&P) released December 2014 values for its Case-Shiller Home Price Index, which tracks the prices of existing single-family homes in 20 U.S. metro areas. The index in each…

January Home Prices Up, Sales Down Over Last Year

This morning, the Illinois Association of Realtors (IAR) reported that residential sales in the city of Chicago fell 8.3% year-over-year with 1,295 sales in January 2015 compared to 1,412 in January 2014.…

Chicago Tourism Metrics, January 2015

Making Chicago a premier destination for tourism and entertainment is a major part of Mayor Rahm Emanuel’s Plan for Economic Growth & Jobs that WBC is implementing to drive growth in Chicago.…

Midwest Job Openings and Hiring Activity

This morning, the Bureau of Labor Statistics (BLS) released December 2014 figures from its Job Openings & Labor Turnover Survey (JOLTS), which tracks job openings, hires, and separations (quits, layoffs and…

Chicago Metro Unemployment Rate Decreases to 5.6% in December

This morning, the US Bureau of Labor Statistics (BLS) released preliminary December 2014 unemployment rates for all Metropolitan Statistical Areas (MSAs). The unemployment rate measures the percentage of the local…

Index Shows Midwest Economic Growth Remained Above Average in December

This morning, the Federal Reserve Bank of Chicago released December 2014 figures for its Midwest Economy Index (MEI). The MEI is a weighted average of 129 indicators designed to measure non-farm…