In the news
Economic Upswing Underway in Will County
By Rex Robinon – The Times Weekly
Like the winds of change blowing through with the arrival of spring, many are hopeful the local job market will quickly start to improve as more receive COVID vaccines and more businesses, especially restaurants, are able to ramp up productivity and hire more employees.
The most recent available unemployment figure for Will County of 8.3 percent is from February. However, local officials are confident that does not tell the tale of what’s happening now.
Unemployment levels in Will County have remained elevated since the start of the pandemic. It peaked at 17.4 percent in April of 2020, then fell to as low as 6.2 percent in November.
“Will County experiences a seasonal peak during the first quarter of each year as construction work slows in the cold weather,” said Doug Pryor, vice president of economic development for the Will County Center for Economic Development. “We expect a strong bounce back in the spring.”
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