The unemployment rate is dropping in Knox County according to the latest release from the Illinois Department of Employment Security.
This release comes only weeks after January’s figures were released, but IDES is still touting year-over-year declines. Non-seasonally adjusted unemployment for February in Knox County came in at 9.7-percent, down from this period last year of 10.2-percent unemployment.
In the Galesburg area – combining data from both Knox and Warren County – the jobless rate came in at 9.5-percent. The IDES continues to claim that decreases in jobs across central Illinois reflect a temporary slowdown in global manufacturing demand.
Neighboring counties actually came in a bit higher on the year-over-year figures.
Stark County reported 12.4-percent unemployment, Warren 8.9, and Henderson saw 9.1-percent unemployment – all of which were increases from last year. Galesburg continues to showcase a smaller labor force than the previous year as has been the trend with many reports over the past year.
Although Illinois is still higher than the national rate, the IDES says this has historically been the case.