Labor Force Update (3)

Employment continues downward trend

Greater Peoria’s total labor force decreased by more than 3,700 in December mostly due to a continuing decrease in the number of employed persons, likely tied to COVID-related restaurant closings. This decrease takes labor force to 16,882 below the December 2019 total. The unemployment rate rose to 6.7% in December, nearly a full point below the state and national rate of 7.5%.

Yearly growth (Labor Force)

The data below compares the year over year growth in labor force for the Greater Peoria region.

Jobs by Industry

This data reflects the Peoria MSA and is based on “where jobs are” rather than” where workers work” as you see above. Click on each industry to compare year-over-year growth and totals.

Decreases in Leisure and Hospitality jobs account for the majority of lost jobs again in December. These losses are likely tied to state of Illinois restrictions that prohibited indoor dining in December.

Comments are closed.