The Mercer County unemployment rate at 3.2 percent. The number is for October, according to data released this week by the Illinois Department of Employment Security and is two-points better from the same period a year ago. Unemployment is also steady year over year in Henderson, Henry, Knox, Rock Island, and Warren Counties.
In the region, total nonfarm employment increased by 9,300 compared to October 2021.
Leisure-Hospitality (+3,100), Government (+2,000), Professional-Business Services (+1,800), Manufacturing (+1,000), and Retail Trade (+1,000) had the largest payroll gains over the year. The Educational-Health Services (-400), Financial Activities (-100), and Information (-100) sectors recorded employment declines over the year.
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 4.3 percent.