Chesterton Tribune

 

 

State jobless rate improves in June

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By KEVIN NEVERS

The state’s jobless rate in June fell by more than a full point in June, to 11.2 percent from 12.3 in May (3.3 percent in June 2019), the Indiana Department of Workforce Development is reporting.

Indiana’s labor force saw a net increase in June of 53,484 over May, the result of a decrease of 28,747 unemployed residents and an increase of 82,231 employed residents. Indiana’s total labor force, which includes both employed Hoosiers and those seeking employment, stood at 3.39 million in June, while the state’s 64.3-percent labor force participation rate is above the national rate of 61.5 percent.

Private sector employment has decreased by 182,000 over the year but in June increased by 128,900 over May. The monthly increase is chiefly due to increases in leisure and hospitality (+46,900); manufacturing (+19,000); and private education and health services (+16,700).

Total private employment in June stood at 2,552,400, which is 196,000 below the January 2019 peak.

Regionally and Locally

Jobless rates in Northwest Indiana, on the other hand, were a mixed bag in June.

In Porter County, the seasonally unadjusted unemployment rate in June fell to 13.4 percent, from 13.6 percent in May (3.6 percent in June 2019).

In Lake County, the rate fell to 15.8 percent, from 16.1 percent in May (4.6 percent in June 2019). In LaPorte County, however, the rate rose by more than half a point, to 15.6 percent from 15.0 percent in May (4.1 percent in June 2019).

In Chesterton the rate actually increased by nearly a full point, to 13.4 percent from 12.6 percent in May (3.5 percent in June 2019).

In Valparaiso the rate dropped to 12.5 percent, from 12.7 percent in May (3.5 percent in June 2019).

In Portage the rate fell by more than half a point, to 16.8 percent from 17.4 percent (4.2 percent in June 2019).

Unemployment rates elsewhere in June:

-- In Gary the rate increased by nearly two full points, to 21.9 percent from 20.0 percent in May (7.2 percent in June 2019).

-- In East Chicago the rate climbed by more than two full points, to 20.9 percent from 18.7 percent in May (6.9 percent in June 2019).

-- In Hammond the rate rose to 16.3 percent, from 16.1 percent in May (5.0 percent in June 2019).

-- In Michigan City the rate increased by nearly a full point, to 19.8 percent from 18.9 percent in May (4.7 percent in June 2019).

-- In LaPorte the rate rose to 15.2 percent, from 14.2 percent (3.8 percent in June 2019).

Alternative Measures

In June the official national unemployment rate was 11.1 percent, down from 13.0 percent in May (3.8 percent in June 2019).

But--according to the U.S. Bureau of Labor Statistics--is marginal workers, discouraged workers, and employed part-time for economic reasons are included in the tally, then the unofficial unemployment rate in June was 18.0 percent, down from 21.2 percent in May (7.5 percent in June 2019).

 

Posted 7/21/2020

 
 
 
 

 

 

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