The state’s jobless
rate in March rose to 3.6 percent, up from 3.5 percent in February (3.4
percent in March 2018), although it remained lower than the national
unemployment rate of 3.8 percent in March, the Indiana Department of
Workforce Development is reporting. With the exception of one month when it
was equal (October 2014), Indiana's unemployment rate has now been lower
than the U.S. rate for more than five years.
unemployment rate is a U.S. Bureau of Labor Statistics (BLS) indicator
reflecting the number of unemployed people seeking employment within the
prior four weeks as a percentage of the labor force.
force had a net increase of 6,769 over the previous month. This was a result
of an increase of 2,634 unemployed residents and an increase of 4,135
employed residents. Indiana's total labor force, which includes both
Hoosiers employed and those seeking employment, stands at 3.41 million, and
its 65.3 percent labor force participation rate remains above the national
rate of 63.0 percent.
employment has grown by 38,100 over the year and in March by 5,300 over
February. The monthly increase is primarily due to gains in professional and
business services (+1,200); leisure and hospitality (+1,100); and financial
activities (+1,000) sectors.
partially offset by a loss in the mining and logging, IT, and other services
employment reached a preliminary record high point of 2,750,400, which is
18,300 above the December 2018 peak.
Indiana, on the other hand, the jobless rate was a mixed--a strangely
mixed--bag, with rates spiking in some areas and remaining relatively stable
In Porter County
the seasonally unadjusted unemployment rate in March rose to 4.9 percent,
compared to 4.6 percent in February (3.9 percent in March 2018).
In Lake County the
unemployment rate in March spiked by more than a full point, to 6.9 percent
from 5.8 percent in February (5.1 percent in March 2018). In LaPorte County
the unemployment rate in March fell to 5.6 percent, from 5.9 percent in
February (4.6 percent in March 2018).
In Chesterton the
unemployment rate in March dropped fractionally to 4.0 percent, from 4.1
percent in February (3.9 percent in March 2018).
In Valparaiso the
unemployment rate in March rose fractionally to 4.2 percent, from 4.1
percent in February (3.3 percent in March 2018).
In Portage the
unemployment rate in March increased by more than half a point, to 6.0
percent from 5.2 percent in February (4.6 percent in March 2018).
elsewhere in March:
--In Gary the rate
spiked by nearly three full points, to 9.9 percent from 7.0 percent in
February (7.1 percent in March 2018).
--In East Chicago
the rate spiked by more than two full points, to 10.2 percent from 7.6
percent in February (7.2 percent in March 2018).
--In Hammond the
rate spiked by more than a point and a half, to 8.0 percent from 6.4 percent
in February (5.5 percent in March 2018).
--In Michigan City
the rate dropped to 5.6 percent, from 5.9 percent in February (4.7 percent
in March 2018).
--In LaPorte the
rate rose by more than half a point, to 5.5 percent from 6.2 percent in
February (4.3 percent in March 2018).
unemployment rate in March was 3.8 percent, the same as in February (4.1
percent in March 2018). However--according to the U.S. Bureau of Labor
Statistics--if “discouraged workers,” all other “marginally attached
workers,” and “total part-time for economic reasons” are included, then the
unofficial rate in March was 7.3 percent, the same as in February (8.1
percent in March 2018).
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.”
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.
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.”