Chesterton Tribune

 

 

Jobless rate inches up in state, continues to rise in the region

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By KEVIN NEVERS

The state’s jobless rate rose nominally in July to 3.1 percent, from 3.0 percent in June, the Indiana Department of Workforce Development (DWD) is reporting.

The unemployment rate is a U.S. Bureau of Labor Standards statistic which reflects the number of unemployed people as a percentage of the labor force. Indiana’s labor force decreased by 1,077 from the previous month to a 4,008 decrease in employment and a 2,931 increase in unemployment, DWD said.

“Indiana’s unemployment rate continues to be both at near-record lows and well below the national numbers,” DWD Commissioner Stephen Braun said. “The recently-announced Next Level Jobs grant from the Governor will continue to support this momentum as its collaboration among employers and critical stakeholders will develop new talent and resources at the local level. This program and others designed to improve skills are an indication that the Hoosier work, ethic is as strong as ever and will prevail amidst workforce challenges and opportunities.”

Notable private-sector gains in July were in private educational and health services (+3,600); and manufacturing (+1,000).

Those gains were partially offset by losses in construction (-700); and trade, transportation, and utilities (-600).

Regionally, Locally

Here in Northwest Indiana unemployment rates continued to rise in July, after plummeting this spring.

In Porter County the seasonally unadjusted unemployment in July increased by half a point, to 3.9 percent from 3.4 percent in June (5.0 percent in July 2016). Throughout Porter County 3,352 people were looking for work in July, up 12.8 percent over June (down 22.2 percent since July 2016).

In Lake County the unemployment rate in July spiked by more than half a point, to 4.9 percent from 4.2 percent in June (6.2 percent in July 2016). In LaPorte County the unemployment rate in July increased to 4.2 percent, from 3.8 percent in June (5.6 percent in July 2016).

In Chesterton the unemployment rate in July rose by nearly half a point, to 3.7 percent from 3.3 percent in June (5.3 percent in July 2016). A total of 257 people was looking for work in July, up 12.7 percent over June (down 29.8 percent since July 2016).

In Valparaiso the unemployment rate in July rose by half a point, to 3.9 percent from 3.4 percent in June (4.5 percent in July 2016). A total of 638 people was looking for work in July, up 13.5 percent over June (down 13.1 percent since July 2016).

In Portage the unemployment rate in July increased by more than half a point, to 4.5 percent from 3.9 percent in June (5.7 percent in July 2016). A total of 807 people was looking for work in July, up 14.5 percent over June (down 22.6 since July 2016).

Unemployment rates elsewhere in July:

* In Gary the rate spiked by more than a full point, to 7.6 percent from 6.3 percent in June (9.2 percent in July 2016).

* In East Chicago the rate rose by nearly a full point, to 6.9 percent from 6.0 percent in June (8.8 percent in July 2016).

* In Hammond the rate increased by more than half a point, to 5.1 percent from 4.5 percent in June (6.7 percent in July 2016).

* In Michigan City the rate rose to 4.9 percent, from 4.5 percent in June (6.7 percent in July 2016).

Alternative Measures

The official national unemployment rate in July was 4.3 percent, down from 4.4 percent in June (5.1 percent in July 2016).

However--according to the U.S. Bureau of Labor Statistics--if “discouraged workers,” all other “marginally unattached workers,” and “total part-time for economic reasons” are included in the tally, then the unofficial unemployment rate in July was 8.6 percent, unchanged from June (10.1 percent in July 2016).

“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 full-time work but have had to settle for a part-time schedule.”

 

 

Posted 8/22/2017

 
 
 
 

 

 

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