Indiana’s seasonally adjusted unemployment rate fell in May for the second
month in a row by 0.2 percent, from 8.5 percent to 8.3 percent, the Indiana
Department of Workforce Management (DWD) said today.
The “April and May rate decreases signify the largest two month drop since
early last year,” DWD said.
Indiana was one of only two Midwestern states to experience a decrease in
rate for the month, DWD added. So far in 2013, initial claims for
unemployment insurance benefits are at their lowest levels since 2000.
“Indiana’s private sector added 9,000 jobs in May, the largest monthly
increase since February of 2012,” DWD also said. “Growth occurred at twice
the national average for the month (0.4 percent vs. 0.2 percent). Private
sector employment in the Hoosier State is now at pre-recession levels not
seen since July of 2008.”
“May was quite a positive month for job growth in the Hoosier State,” DWD
Commissioner Scott Sanders said. “Most tangible employment measures seem to
be trending in the right direction for the moment, which is cause for
Sanders also noted Indiana has added 45,300 private sector jobs over the
past year, more than one-third of which have occurred since January.
Thirteen percent of private sector growth over the past year has come from
manufacturing as Indiana continues to have more manufacturing jobs as a
percentage of the private sector than any other state.
Sectors showing gains in May include trade, transportation and utilities
(+4,100); leisure and hospitality (+3,300); professional and business
services (+2,500); financial activities (+1,400); and construction (+400).
Sectors showing decreases in May include private educational and health
Services (-1,600); and manufacturing (-800).
Total non-farm employment increased in May (+7,500).
In Porter County the unemployment rate in May rose to 7.9 percent, from 7.7
percent in April (7.5 percent in May 2012). Throughout the county 6,535
people were looking for work in May, an increase of 3.9 percent over April
(an increase of 5.9 percent since May 2012).
In Lake County the unemployment rate remained unchanged at 9.7 percent, the
same as April (9.0 percent in May 2012). In LaPorte County the unemployment
rate in May slipped marginally to 10.1 percent, from 10.2 percent in April
(9.5 percent in May 2012).
In Chesterton the unemployment rate in May rose slightly to 7.2 percent,
from 7.1 percent in April (6.6 percent in May 2012). A total of 487 people
was looking for work in May, an increase of 2.1 percent over April (an
increase of 8.2 percent since May 2012).
In Valparaiso the unemployment rate in May increased to 7.2 percent, from
7.0 percent in April (7.2 percent in May 2012). A total of $1,141 people was
looking for work in May, an increase of 3.1 percent over April (a decrease
of 1.6 percent since May 2012).
In Portage the unemployment rate in May rose to 9.3 percent, from 9.0
percent in April (9.3 percent in May 2012). A total of 1,678 people was
looking for work in May, an increase of 5.2 percent over April (an increase
of 0.2 percent since May 2012).
Unemployment rates elsewhere in May:
* In Gary the rate remained unchanged at 14.2 percent, the same as in April
(13.3 percent in May 2012).
* In East Chicago the rate rose to 12.2 percent, from 12.1 percent in April
(13.6 percent in May 2012).
* In Hammond the rate was level at 10.3 percent, the same as in April (9.1
percent in May 2012).
* In Michigan City the rate increased to 11.6 percent, from 11.4 percent in
April (10.8 percent in May 2012).
* In LaPorte the rate dropped by fully half a point, to 9.1 percent from 9.6
percent (9.5 percent in May 2012).
The official national unemployment rate in May was 7.6 percent, up from 7.5
percent in April (7.9 percent in May 2012).
However--according to the U.S. Bureau of Labor Statistics--if “discouraged
workers,” all other “marginally attached workers,” and “total employed
part-time for economic reasons’ are included in the tally, the unofficial
unemployment rate in May was 13.8 percent, down from 13.9 percent in April
(14.3 percent in May 2012).
“Marginally attached workers” are those “who indicate that they want a job,
have looked for work in the last 12 months (or since the last time they
worked, if they worked in the last 12 months), and are available for work.”
“Discouraged workers” are not currently looking for work for several
reasons, including their belief that no job is available to them in their
line or in their area.
“Persons employed part-time for economic reasons” are those “who want and
are available for work but have had to settle for a part-time schedule.”