In the news
Will County Unemployment Falls Again in September 2020
Will County’s unemployment rate continued to improve in August, falling to 9.7 percent from a peak of 17.4 percent in April. Overall, total unemployed persons in Will County has fallen from a peak of more than 60,000 in April to just over 33,000 in September. The State also showed improvement, falling to 9.8 percent, and the Chicago MSA’s unemployment rate fell to 10.5 percent in September.
September also saw improvement at the national level with growth of 661,000 jobs. The growth was entirely within the private sector, with leisure and hospitality leading the way, adding 318,000 jobs.
Retail trade and health care also picking up more than 100,000 jobs each in the month. Total public sector employment fell by more than 200,000 in September, with large losses in the education sector as employment in local government education and state government education fell by 231,000 and 49,000, respectively.
The job recovery at the state and national levels continues but has shown signs of moderating as employment gains remain positive but are not showing the major gains of past months.
The WKRDA is Seeking Proposals for Executive Director
The Will Kankakee Regional Development Authority is seeking proposals for an Executive Director. Review the Request For Proposals with details regarding the position. Deadline to apply is Friday, June 23rd.
CED Announces Recognition of 2023 Economic Development Week
The Will County Center for Economic Development marks the week of May 8 to May 12, 2023, as Economic Development Week 2023. During this week, communities across North America will celebrate and recognize the contributions made by professional economic developers to create more economically vibrant and livable communities.
CED President & CEO Re-Appointed to Illinois Enterprise Zone Board
Doug Pryor was originally appointed to serve on the Board in September 2021 and was recently re-appointed to serve through February 2025. Each member of the board appointed by the Governor and confirmed by the Senate shall have at least 5 years of experience in business, economic development, or site location.