Chesterton Tribune

 

 

State April jobless rate spikes to nearly 17 percent; Region rates are worse

Back To Front Page

 

The state’s jobless rate ballooned to 16.9 percent in April in the wake of the closure of non-essential businesses, compared to 3.0 percent in March (3.4 percent in April 2019), the Indiana Department of Workforce Development is reporting.

For the first time in years, Indiana has posted a higher unemployment rate than the national rate: 14.7 percent.

Fully 545,909 Hoosiers were unemployed last month, compared to 99,892 in March, a spike of 446 percent.

Private sector employment plunged by 405,200 over the year and by 380,550 from March. The losses were concentrated in leisure and hospitality (-116,000); manufacturing (-78,200); and private educational and health services (-54,200).

Total private employment now stands at 2,334,000, which is 414,000 below the January 2019 peak.

Regionally and Locally

Every county in Northwest Indiana and the municipalities regularly tracked by the Chesterton Tribune posed higher unemployment rates in April than the state did overall.

In Porter County the rate was up to 18.2 percent, from 3.9 percent in March (3.2 percent in April 2019).

In Lake County the rate was up to 20.7 percent, from 5.0 percent in March (4.5 percent in April 2019). In LaPorte County the rate was up to 20.6 percent, from 4.3 percent in March (3.7 percent in April 2019).

In Chesterton the rate hit 17.5 percent, up from 3.6 percent in March (3.1 percent in April 2019).

In Valparaiso it hit 17.4 percent, up from 3.6 percent in March (3.2 percent in April 2019).

And in Portage it hit 21.8, up from 4.6 percent in March (3.8 percent in April 2019).

Unemployment rates elsewhere in April:

-- Gary: 23.3 percent, up from 6.3 percent in March (6.8 percent in April 2019).

-- East Chicago: 22.0 percent, up from 7 percent in March (6.7 percent in April 2019).

-- Hammond: 19.2 percent, up from 5.4 percent in March (5.5 percent in April 2019).

-- Michigan City: 24.3 percent, up from 4.4 percent in March (4.1 percent in April 2019).

-- LaPorte: 19.7 percent, up from 4.3 percent in March (3.6 percent in April 2019).

Alernative Measures of Unemployment

In April the official national unemployment rate was 14.7 percent, up from 4.4 percent in March (3.3 percent in April 2019).

But if marginal workers, discouraged workers, and employed part-time for economic reasons are included in the tally, then the unofficial national unemployment rate in April swelled to 22.8 percent, up from 8.7 percent in March (6.9 percent in April 2019).

 

Posted 5/27/2020

 
 
 
 

 

 

Search This Site:

Custom Search