Mercer County Unemployment Rate Near 4-Percent; Over 14-Percent One Year Ago

Last year at this time the Mercer County unemployment rate was 14.2 percent. This year it’s 4.1 percent. The Illinois Department of Employment Security data is for May and similar year over year numbers are in play for Henderson, Henry, Knox, Rock Island and Warren counties.
In the region, total nonfarm employment increased 13,600 compared to May 2020, which was the second full month of the pandemic.
The Financial Activities sector recorded employment declines compared to one year ago while the Leisure-Hospitality, Educational-Health Services, Retail Trade, Government, and Construction sectors reported the largest payroll gains.
The unemployment rate identifies those who are out of work and seeking employment. A person who exhausts benefits, or is ineligible, still will be reflected in the unemployment rate if they actively seek work.
Statewide, the unemployment rate is 6.7 percent compared to 15.3 percent a year ago.