Chesterton Tribune

 

 

State and local jobless numbers continue to drop in September

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By KEVIN NEVERS

The state’s jobless rate in September dropped to 6.2 percent, down from 6.4 percent in August (3.2 percent in September 2019), the Indiana Department of Workforce Development is reporting.

Indiana’s rate compares favorably to the national rate in September of 7.9 percent.

Indiana’s labor force saw a net decrease of 19,691 in September, the result of a decrease of 6,289 unemployed residents and a decrease of 13,402 employed residents. Indiana’s total labor force, which includes both Hoosiers employed and those seeking employment, stands at 3.33 million, while its 63-percent labor-force participation rate remains above the national rate of 61.4 percent.

Private sector employment has decreased by 109,700 over the year and by 4,500 over the previous month. The monthly decrease is chiefly due to losses in private education and health services (-4,000) and construction (-1,300). Those losses were partially offset by gains in professional and business services (+2,000); and leisure and hospitality (+800).

Total private employment stands at 2,623,100, which is 126,000 below the January 2019 peak.

Regionally and Locally

The statewide drop in the unemployment rate was matched by similar or greater decreases in Northwest Indiana.

In Porter County, the seasonally unadjusted unemployment rate in September fell by nearly a full point, to 6.4 percent from 7.2 percent in August (3.3 percent in September 2019).

In Lake County the rate in September also dropped by more than half a point, to 8.7 percent from 9.5 percent in August (4.2 percent in September 2019). In LaPorte County the rate fell by nearly a full point, to 7.7 percent from 8.5 percent in August (3.5 percent in September 2019).

In Chesterton the rate in September fell to 6.5 percent, from 7.4 percent in August (3.3 percent in September 2019).

In Valparaiso the rate dropped by a full point, to 5.9 percent from 6.9 percent in August (2.7 percent in September 2019).

In Portage the rate fell to 8.6 percent, from 9.3 percent in August (4.0 percent in September 2019).

Unemployment rates elsewhere in September:

-- In Gary the rate fell to 15.7 percent, from 16.2 percent in August (6.7 percent in September 2019).

-- In East Chicago the rate dropped to 12.9 percent, from 13.2 percent in August (5.9 percent in September 2019).

-- In Hammond the rate dropped to 9.0 percent, from 9.9 percent in August (4.7 percent in September 2019).

-- In Michigan City the rate fell to 10.9 percent, from 12.2 percent in August (4.1 percent in September 2019).

-- In LaPorte the rate dropped to 7.4 percent, from 8.2 percent in August (3.6 percent in September 2019).

Alternative Measures

In September the national unemployment rate was 7.9 percent, down from 8.4 percent in August (3.3 percent in September 2019).

However--according to the U.S. Bureau of Labor Statistics--if marginal workers, discouraged workers, and workers employed part-time are included in the tally, then the unofficial unemployment rate in September was 12.8 percent, down from 14.2 percent in August (6.5 percent in September 2019).

 

Posted 10/22/2020

 
 
 
 

 

 

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