PEORIA — Unemployment grew in the Peoria area from last November to this November. But so did the number of available jobs.
Data released Friday by the Illinois Department of Employment Security shows the unemployment rate ticked slightly upward from 4.6 percent in November 2017 to 4.8 percent in November this year.
But state figures also showed a net year-over-year increase of 1,500 non-farm jobs in the same region.
“Payrolls rose in most metro areas across the state” said IDES director Jeff Mays in a prepared statement. “At the same time, the unemployment rate increased in most metros, mostly due to more people entering or re-entering the labor force as many of the local economies continue to improve.”
In the Peoria area, the biggest job gains came in the fields of professional and business services, which grew by 1,900 jobs; manufacturing, which grew by 400 jobs; and transportation, warehousing and utilities, which grew by 300 jobs. Declines came in the fields of leisure and hospitality, which shed 400 jobs; government work, which dropped 200 positions; both construction as well as educational and health services industries, which shed 200 jobs; and retail trade, which lost 100 positions.
Tazewell County saw a net stability in its unemployment rate, which stayed at 4.5 percent in November of both years. Stark County saw the largest increase, going from 5 percent in November 2017 to 5.5 percent this year. Peoria and Marshall counties grew by 0.4 percentage points, going from 4.9 to 5.3 percent and 4.6 to 5 percent, respectively. Woodford County's unemployment rate in November 2017 was 3.7 percent and climbed only to 3.8 percent this November — the lowest rate in the region.