seasonally adjusted jobless rate dropped 0.4 percent to 6.4 percent in
January, from 6.8 percent in December, and is now at the lowest point since
September 2008, when it stood at 6.3 percent, the Indiana Department of
Workforce Development (DWD) said today.
unemployment rate remains below all neighboring states and is now lower than
the national rate by 0.2 percent, DWD added. “Prior to the benchmarking
process, the last time Indiana's rate was lower than the national rate was
June of 2012.”
Even so, despite a
gain of 4,600 jobs in the manufacturing sector, Indiana shed a total of
7,100 private sector jobs in January, “mainly due to the extreme nature of
the winter season, which has been cited by the U.S. Federal Reserve as one
of the chief causes of employment contraction throughout the country,” DWD
“There are many
positives to note this month,” DWD Commissioner Scott Sanders said.
“Indiana's unemployment rate is not only lower than our neighboring states,
but the national rate as well. In addition, 2,700 Hoosiers returned to the
labor force and fewer were unemployed in January than at any time since
August of 2008, causing our rate to fall almost one-half of a percentage
point in one month.”
Sanders also noted
that Indiana's 2013 total private-sector job growth number was revised
upward by 8,200 jobs to 50,800 by the U.S. Bureau of Labor Statistics, and
that despite the extreme winter weather, initial claims for unemployment
insurance benefits were nearly 6,000 below January 2013 levels.
gains in January included manufacturing (+4,600); financial activities
(+1,400); and professional and business services (+200).
decline in January included trade, transportation and utilities (-4,900);
construction (-4,300); private educational and health services (-2,100); and
leisure and hospitality (-600).
employment decreased in January by 10,000 jobs.
In Porter County
the seasonally unadjusted jobless in January rate rose to 7.1 percent, from
6.9 percent in December (9.3 percent in January 2013). Throughout the county
5,896 people were looking for work in January, an increase of 3.4 percent
over December (a decrease of 22.8 percent since January 2013).
In Lake County the
unemployment rate in January rose by nearly half a point, to 8.8 percent
from 8.4 percent in December (11.3 percent in January 2013). In LaPorte
County the unemployment rate in January increased by over half a point, to
9.0 percent from 8.4 percent in December (12.0 percent in January 2013).
In Chesterton the
unemployment rate in January also spiked, to 6.6 percent from 5.9 percent in
December (8.9 percent in January 2013). A total of 454 people was looking
for work in January, an increase of 12.4 percent over December (a decrease
of 24.1 percent since January 2013).
In Valparaiso the
unemployment rate in January slipped to 6.0 percent, from 6.1 percent in
December (8.4 percent in January 2013). A total of 957 people was looking
for work in January, a decrease of 1.0 percent from December (a decrease of
27.7 percent from January 2013).
In Portage the
unemployment rate in January rose marginally to 8.4 percent, from 8.3
percent in December (10.6 percent in January 2013). A total of 1,499 people
was looking for work in January, an increase of 0.5 percent over December (a
decrease of 20.3 percent since January 2013).
elsewhere in January: