Unemployment rates up in Bloomington, Peoria

Posted on December 28, 2018
Unemployment form
Unemployment went from 3.7 percent to 4.0 percent in Bloomington, and 4.6 percent to 4.8 percent in Peoria over the year.  (WJBC file photo)

 

By WMBD-TV/Kevin Schwaller

CHICAGO – Unemployment rates increased in Bloomington and the Peoria metro areas in November 2018 compared to November 2017.

According to the U.S. Bureau of Labor Statistics (BLS) and the Illinois Department of Employment Security (IDES), unemployment rates increased in 11 Illinois metropolitan areas total, decreased in two and was unchanged in one.

Data also show nonfarm jobs increased in twelve of the metropolitan areas.

Unemployment went from 3.7 percent to 4.0 percent in Bloomington, and 4.6 percent to 4.8 percent in Peoria over the year.

“Payrolls rose in most metro areas across the state” said IDES Director Jeff Mays. “At the same time, the unemployment rate increased in most metros, mostly due to more people entering or reentering the labor force as many of the local economies continue to improve.”
The unemployment rate identifies those who are out of work and looking for work and is not tied to collecting unemployment insurance benefits.

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