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Adams County Tied for 2nd Lowest Unemployment in State

Adams County Tied for 2nd Lowest Unemployment in State July 29, 2011

[share] Adams County is tied for the second lowest unemployment in the State of Illinois for the month of June at 6.1%. That is 1.1% lower than June of 2010. This is the second month in a row that Adams County has tied Schuyler County, coming in second only to Brown County out of the 102 counties in the state.

The City of Quincy’s unemployment sits at 6.7% which is 1.3% lower than a year ago in June.

For a complete list of unemployment figures across the state, visit the IDES Local Area Unemployment Statistics website.

Unemployment Rates Continue Fall

Unemployment Rates Continue Fall July 5, 2011

[share] Unemployment rates in the region continued their downward trend in May.

Adams County currently sits at 5.5% which is 0.5% lower than April and 1.2% lower May 2010. Adams County is tied with Schuyler County for the 2nd lowest unemployment out of 102 counties in the State of Illinois, second only to Brown County.

City of Quincy unemployment rates for May sit at 6.0%. This is 0.6% lower than April and 1.5% lower than a year ago.

For a complete list of unemployment figures across the state, visit the IDES Local Area Unemployment Statistics website.

2011 May Unemployment Map by Illinois County

Unemployment Continues to Fall in April

Unemployment Continues to Fall in April May 31, 2011

[share] The region continues to see a positive trend for unemployment with rates falling throughout Western Illinois in April. Adams County is ranked 2nd lowest in the state at 6.0% which is 1.4% lower than a year ago. Quincy is 1.5 percentage points lower than a year ago standing at 6.6%.

 

Tri-State Global Commerce Network

Tri-State Global Commerce Network May 11, 2011

Networking Opportunity for Individuals & Organizations Interested in Global Commerce

[share] As a result of recent discussions with Dan Chevelier of Gardner Denver and John Macdonald of Broadcast Electronics there is currently an effort underway to gauge the level of interest in starting an informal professional organization to exchange ideas, host presentations, and address topics related to international sales, import and export compliance, international finance, and other aspects of global commerce, initially meeting in Quincy. The idea would be to meet in an informal atmosphere once a quarter to start. Speakers, mentors, and other educational resources are available.

Credit: http://www.freedigitalphotos.net/images/view_photog.php?photogid=1521Sample topics might include:

– Getting started in overseas markets.
– Finding and developing distributors overseas.
– International logistics and freight forwarders.
– Developing and documenting an Import and Export Compliance Program.
– Resources for developing international sales- public and private.
– International transaction payment method options.
– Benefits of using Foreign Trade Zones and Subzones
– Trade potential and characteristics of specific countries and regions.

Individuals or companies new to global commerce would be as welcome as seasoned international trade professionals. If you or someone in your organization would find this networking opportunity of value please email gredf@gredf.org with your contact information under the email subject line; Tri-State Global Commerce Network.

Once we have a database of interested individuals and organizations, we will propose a date and venue for a kick-off meeting. For more information, please contact Charles Bell at 217.223.4313 or charlesb@gredf.org.

Unemployment Rates Continue to Fall in March

Unemployment Rates Continue to Fall in March April 22, 2011

[share] The region continues to see a positive trend for unemployment with rates falling throughout Western Illinois in March.

Adams County is tied for 3rd lowest unemployment rate in the state at 6.9% which is a full 1.7% lower than a year ago. Quincy is 2 full percentage points lower than a year ago standing at 7.4%.

View the unemployment rate numbers around the state of Illinois for yourself at the IDES Local Area Unemployment Statistics website.

February 2011 Unemployment: Adams 3rd Lowest in State

February 2011 Unemployment: Adams 3rd Lowest in State April 1, 2011

Adams County continues to be among the lowest in the state when it comes unemployment numbers. February 2011 unemployment for the county was 7.3%. That’s down 1.9% from a year ago and makes Adams County the 3rd lowest county in the state behind Brown County (5.0%) and DuPage County (7.1%).

The City of Quincy was at 7.8% for the month of February, down 2.0% from a year ago.

See and compare the numbers for yourself at the IDES Local Area Unemployment Statistics website.

Adams County Ranks 2nd for Lowest Unemployment in Illinois

Adams County Ranks 2nd for Lowest Unemployment in Illinois March 14, 2011

[share] Adams County, Illinois unemployment stands at 7.2% for January. That’s a full 2 percentage-point drop from January 2010. Adams County currently ranks 2nd lowest in unemployment out of 102 counties in the state. Unemployment in Quincy dropped 2.2% from a year ago and now stands at 7.6%.

In an article in the Quincy Herald-Whig, GREDF president Jim Mentesti said the labor force has grown in the past year in Quincy and Adams County.

“Usually when the labor force grows, it can move your unemployment rate up too but the reverse has been true locally,” Mentesti said.

He has seen “numbers moving in the right direction” at a time of year when unemployment can spike in communities with a lot of retailers who might downsize after the Christmas shopping season.

The Quincy micropolitan statistical area had the state’s lowest 2010 annual average unemployment rate for larger job markets — at 7.5 percent. 

See the numbers for yourself: visit Local Area Unemployment Statistics (LAUS) on the Illinois Department of Employment Security’s Labor Market Information website.

A Look Back at 2010: Rural and Regional Happenings

A Look Back at 2010: Rural and Regional Happenings February 28, 2011

The seventh in our series of articles highlighting the remarks of GREDF Board Chairperson, Connie Schroeder at our 2011 Annual Meeting.

[share] A look back at RURAL and REGIONAL HAPPENINGS in the tri-states in 2010…

The Rural Adams Development Corporation celebrated 10 years in 2010 of operating a low-interest, revolving loan fund designed to finance projects that will create and retain jobs in rural Adams County. The non-profit organization formed with the help of GREDF and includes seven rural banks. Since 1990, R.A.D.C. has provided 61 loans totaling nearly $2 million dollars. Communities that have been impacted include Camp Point, Clayton, Golden, Liberty, Mendon, Payson and Ursa to name a few.

We’re pleased to share that the R.A.D.C. has never administered a loan that has defaulted and GREDF’s own loan program has a nearly perfect record.

Someone who knows a lot about rural Adams County communities is Adams County Highway Engineer Dick Klusmeyer who put down his ruler in May after 39 years with the Highway Department, 26 of those leading its operations. Dick has been instrumental in bringing infrastructure improvements to the South Quincy Development District which led to millions of dollars in private investment and hundreds of jobs. He was also responsible for launching the award-winning Adams County G.I.S. program. We’re pleased that Dick is one of those guys who never completely stops working. He currently sits on the GREDF board and remains a staunch advocate of the Mid-America Port. Dick, thank you for your vision, service and continued support.

C&L Tiling’s purchase of the former Methode plant in Golden has turned into one of the most notable good-news stories of rural Adams County in 2010. The company has experienced tremendous growth in the past couple of years necessitating their expansion into the former plant. The move allowed them to add new production capacity to their Timewell facility by moving non-production functions to Golden including their trucking and ADI installation headquarters. They also relocated their Fittings Fabrication operations from their Michigan plant to the facility. Forty employees operate out of Golden and the company has tentative plans to add another building to the site. They also lease space to Dot Foods and Jansen Seed Company.

Big River Fish in Pearl is at the beginning stages of developing an export market to China for Asian Carp. During the last month they shipped 30 to 40 thousand-pound containers of frozen fish. Our Charles Bell assisted the company in navigating the Chinese market. Charles has traveled to China on behalf of GREDF to research export opportunities. Plans are underway for Big River Fish to open a second processing plant in Griggsville.

Midwest Crop Insurance Service, one of the nation’s largest general agencies in the Federal Crop Insurance industry, officially merged into AgriLogic Insurance Service. Their Camp Point headquarters will serve as the new A.L.I.S. Midwestern Regional Service Center. We assisted Midwest Crop Insurance with financing for the expansion that will eventually lead to over 18 new employees in Camp Point. Charles Bell also helped the company develop their international business, providing contacts and separately helping one of the owners develop an export market for a food product they plan to package locally.

A valued partner in small business development is retiring at the end of month after serving the region for 20 years. Dan Voorhis, director of the Small Business Development Center at Western Illinois University has helped hundreds of small businesses in a 12-county region develop business plans for start ups and expansions. Thank you, Dan for your friendship and service.

Ursa Farmers Cooperative celebrated 90 years in August. Over 800 partners and friends attended the annual meeting celebration. The Co-op is looking at building a new grain elevator in Canton, Missouri which is directly across the river from its Meyer facility. Between 500 to 600 of the cooperative’s 2400 members live on the Missouri side of the Mississippi River and a new elevator would help to better serve these individuals.

2011 Tri-State Development LogoTri-State Development Summit coordinator Shelby Crow has given us permission to announce tonight that the 2011 Summit will be held October 5th in this very building in the Quincy Community Theater. 2011 marks the 15th year of bringing together tri-state leaders to define common issues, to develop on-going dialogues to address those issues and to improve the quality of life of the entire tri-state region.

2010 Summit activities saw a continuation of the theme of entrepreneurship from the 2009 Summit in Fairfield, Iowa. The entrepreneurship task force held a series of workshops for entrepreneurs in all three states. Highway and river infrastructure improvements continue to remain at the top of the Summit priority list and much progress has been made.

Significant validation for the role of the Summit came in the form of census data revealing the potential loss of one seat each in the U.S. House of Representatives for Illinois, Iowa and Missouri. Now more than ever the Summit’s 35 counties must stand together to keep our political leaders aware of the issues our communities and region face.

More Good News: Adams County Unemployment

More Good News: Adams County Unemployment January 28, 2011

[share] Adams County unemployment fell again in December to 6.3%. That’s the lowest it’s been since April 2009. Adams County currently ranks 3rd lowest in unemployment out of 102 counties in the state. Unemployment in Quincy dropped 0.7% and now stands at 6.7%.

See the numbers for yourself: visit Local Area Unemployment Statistics (LAUS) on the Illinois Department of Employment Security’s Labor Market Information website.

Tri-State Development Summit Announces 2011 Date

Tri-State Development Summit Announces 2011 Date January 11, 2011

2011 Tri-State Development Summit Date Announced - October 5, 2011[share]The 2011 Tri-State Development Summit will be held October 5th at the Quincy Community Theater in the Oakley Lindsay Center in Quincy. 2011 marks the 15th year of bringing together tri-state leaders to define common issues, to develop on-going dialogues to address those issues and to improve the quality of life of the entire region.

2010 Summit activities saw a continuation of the theme of entrepreneurship from the 2009 Summit in Fairfield, Iowa. The entrepreneurship task force held a series of workshops for entrepreneurs in all three states. Highway and river infrastructure improvements continue to remain at the top of the Summit priority list and much progress has been made including the completion of the Chicago to Kansas City Expressway.

Significant validation for the role of the Summit came in the form of census data revealing the potential loss of one seat each in the U.S. House of Representatives for Illinois, Iowa and Missouri. Now more than ever the Summit’s 35 counties must stand together to keep our political leaders aware of the issues our communities and region face.

For more information about the Tri-State Development Summit, visit www.tristateofmind.org.

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