In Peoria, IL

Employment Snapshot - Peoria, IL June-2021

Weller Emmons

VP of Analytics and Finance at Mployer Advisor. He is passionate about leveraging data to provide industry leading insights for Mployer Advisor’s clients. Prior to joining Mployer Advisor, Emmons served as a healthcare provider strategy consultant for Knowledge Capital Group and as an internal strategy consultant at HCA Healthcare. Emmons earned his MBA and BE in Biomedical Engineering, both from Vanderbilt University.

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Market Employment Summary

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Additional Benchmarking Resources

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Overall unemployment rate moved up to 6.4% with the biggest shift in Restaurants & Hotels, which gained 1,600 roles, based on the most recently available information published in July 2021.

Total employment in the Peoria, IL market rose by 4,052 jobs in June and the unemployment rate increased compared to the prior month by 90 bps to 6.4%. The national unemployment rate increased by 60 bps over the same time to 6.1%.

  • Peoria, IL unemployment rate is 31 bps above the national rate which is a negative sign.
  • Unemployment in the market is 720 bps below the unemployment rate in the market last year at this time, which is a positive.
  • Average wages (per hour) grew in June versus prior month by 7.6% and are down compared to last year at this time in the market.
Month over Month Unemployment Change
Year over Year Unemployment Change
Peoria, IL Unemployment June 2021

For key employment segments of the market, total jobs grew by 2.0% . Key sectors include:

  • Education & Healthcare: 32,700; +200
  • Transportation & Utilities: 30,900; +200
  • Manufacturing: 20,800; +200
  • Business Services: 20,100; +300
  • Government: 19,700; +200
  • Restaurants & Hotels: 16,800; +1,600
  • Construction, Mining: 8,200; +300
  • Other Jobs: 7,800; +200
  • Financial Services: 6,900; no change
  • IT & Development: 1,500; no change
Peoria, IL Unemployment by Industry June 2021

Data is based on the most recent 12 months available, through June 2021 (Data published July 2021 and reports created on July 28, 2021).  Source: Government data agency and locally acquired statistics.

Note: All reported data is not seasonally adjusted.

Peoria, IL