December 08, 2020

Employment surges in October

Greater Peoria’s total labor force increased by more than 2,500 in October supported by a strong increase of nearly 8,000 employed persons. The number of unemployed fell by over 5,000 as many workers returned to the workforce. The total labor force reached its second highest total of 2020, but is still more than 9,000 below the October 2019 total.  The unemployment rate fell to 5.4% in October, a full percentage point below the state and national rates of 6.5%.

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.

Increases in Retail Trade and Education and Health Services jobs account for the majority of reclaimed jobs. These jobs are likely tied to reopening of retail stores and to demand for healthcare workers, especially registered nurses.