Peoria, Illinois Unemployment
The BLS reported that the unemployment rate for Peoria rose 0.2 percentage points in May 2023 to 4.6%. For the same month, the metro unemployment rate was 0.5 percentage points higher than the Illinois rate. The unemployment rate in Peoria peaked in April 2020 at 17.1% and is now 12.5 percentage points lower. From a post peak low of 4.2% in September 2022, the unemployment rate has now grown by 0.4 percentage points. You can also compare Peoria unemployment with unemployment in other cities.
| Unemployment Rate | May 2023 | Month/Month | Year/Year |
|---|---|---|---|
| National | 3.7% | +0.3 | +0.1 |
| Illinois | 4.1% | -0.1 | -0.3 |
| Peoria | 4.6% | +0.2 | 0.0 |
Unemployment Rate: Peoria, Illinois, National
Note: Recessions shown in gray.
Peoria, Illinois Unemployed
The number of people unemployed in Peoria peaked in April 2020 at 27,879. There are now 20,104 fewer people unemployed in the metropolitan area. From a recent trough of 7,086 in January 2023, the number of unemployed has now grown by 689. Peoria employment and jobs data (including jobs lost/gained in Peoria, Illinois) is also available.
| Unemployed Persons | May 2023 | Month/Month | Year/Year |
|---|---|---|---|
| Peoria | 7,775 | +211 | -37 |
Number of Unemployed Persons
Peoria, Illinois Unemployment History
| Date | National Unemployment Rate |
Illinois Unemployment Rate |
Peoria Unemployment Rate |
Peoria Unemployed |
|---|---|---|---|---|
| June 2023 |
3.6% | — | — | — |
| May 2023 |
3.7% | 4.1% | 4.6% | 7,775 |
| April 2023 |
3.4% | 4.2% | 4.4% | 7,564 |
| March 2023 |
3.5% | 4.4% | 4.3% | 7,361 |
| February 2023 |
3.6% | 4.5% | 4.3% | 7,310 |
| January 2023 |
3.4% | 4.5% | 4.2% | 7,086 |
| December 2022 |
3.5% | 4.6% | 4.2% | 7,146 |
| November 2022 |
3.6% | 4.6% | 4.2% | 7,132 |
| October 2022 |
3.7% | 4.6% | 4.2% | 7,122 |
| September 2022 |
3.5% | 4.6% | 4.2% | 7,160 |
| August 2022 |
3.7% | 4.5% | 4.3% | 7,247 |
| July 2022 |
3.5% | 4.4% | 4.4% | 7,394 |
1. Metro area unemployment rates are now seasonally adjusted. The BLS has started publishing smoothed seasonally adjusted metropolitan area data which makes comparisons to state and national data more relevant than the unadjusted numbers. ↩
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