Labor Shed and Unemployment Data

Labor Shed and Unemployment Data

Galesburg - An Employment Center

Great schools and a low cost of living create a skilled an cost-effective labor force that is immediately available in this transportation hub. A 2002 labor study by Paragon Decision Resources concluded that Galesburg is an employment center that draws workers from a 50-mile radius covering ten Illinois counties and two Iowa counties.

 

 

2005 Average Labor Force

2005 Average Unemployment Rate

City of Galesburg

15,113

7.70%

Knox County

26,245

7.30%

Galesburg mSA*

35,411

6.90%

50-Mile Labor Shed

398,164

5.00%

State of Illinois

6,469,300

5.70%

*Galesburg Micropolitan Statistical Area (mSA) is defined
as Knox and Warren Counties in Illinois.

 

2006 Employment by Industry

                              

Galesburg

Knox County

Galesburg mSA

Total 14,438 24,680 33,692
Agriculture/Mining 1.1% 3.2% 4/0%
Construction 4.2% 3.2% 4.0%
Manufacturing 12.2% 13.8% 13.8%
Wholesale Trade 2.9% 3.3% 3.2%
Retail Trade 13.3% 12.9% 12.6%
Transportation/Utilities 6.7% 7.4% 7.2%
Information 1.8% 1.5% 1.6%
Finance/Insurance/Real Estate 4.4% 4.4% 4.6%
Services 48.4% 43.9% 43.7%
Public Administration 4.9% 4.4% 4.2%

Source: ESRI BIS