The state’s jobless
rate in April was stable at 3.2 percent, the same as in March, and remained
lower than the national rate of 3.9 percent, the Indiana Department of
Workforce Development (DWD) reported last week.
With the exception
of one month when it was equal (October 2014), Indiana's unemployment rate
now has been below the U.S. rate for more than four years.
unemployment rate is a U.S. Bureau of Labor Statistics (BLS) indicator that
reflects 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 11,655 over the previous month. This was a
result of an increase of 737 unemployed residents and an increase of 10,918
employed residents. Indiana's total labor force, which includes both
Hoosiers employed and those seeking employment, stands at 3.33 million, and
the state’s 64.0 percent labor force participation rate remains above the
national rate of 62.8 percent.
Indiana's initial unemployment insurance claims continue to be at historical
lows, DWD said.
employment has grown by more than 23,900 in 2018, DWD noted, but decreased
by 7,000 since March, primarily due to losses in the trade, transportation
and utilities sector (-2,500) and in the construction sector (-2,300).
partially offset by gains in the “other” sector (+1,200), which includes
mining and logging, IT and other services; and in the manufacturing sector
employment stands at 2,698,400 and is 9,500 above the December 2017 peak.
Here in Northwest
Indiana, on the other hand, the jobless rate continued to drop significantly
in April, following a drop in March, after spiking for several months.
In Porter County
the seasonally unadjusted unemployment rate in April dropped by half a
point, to 3.4 percent from 3.9 percent in March (3.6 percent in April 2017).
In Lake County the
unemployment rate in April fell by more than half a point, to 4.4 percent
from 5.1 percent in March (4.5 percent in April 2017). In LaPorte County the
rate in April also dropped by more than half a point, to 3.9 percent from
4.6 percent in March (3.9 percent in April 2017).
In Chesterton the
unemployment rate in April fell by more than half a point, to 3.2 percent
from 3.9 percent in March (3.6 percent in April 2017).
In Valparaiso the
unemployment rate in April dropped to 3.0 percent, from 3.3 percent in March
(3.2 percent in April 2017).
In Portage the
unemployment rate in April fell by more than half a point, to 3.9 percent
from 4.6 percent in March (4.4 percent in April 2017).
elsewhere in April:
* In Gary the rate
dropped by more than half a point, to 6.4 percent from 7.1 percent in March
(6.6 percent in April 2017).
* In East Chicago
the rate plummeted by more than a full point, to 5.9 percent from 7.2
percent in March (6.7 percent in April 2017).
* In Hammond the
rate fell by nearly a full point, to 4.6 percent from 5.5 percent in March
(4.8 percent in April 2017).
* In Michigan City
the rate dropped by half a point, to 4.2 percent from 4.7 percent in March
(4.4 percent in April 2017).
* In LaPorte the
rate fell by more than half a point, to 3.6 percent from 4.3 percent in
March (4.0 percent in April 2017).
national unemployment rate in April was 3.9 percent, down from 4.1 percent
in March (4.1 percent in April 2017).
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 in the tally, then the unofficial national unemployment rate in
April was 7.8 percent, down from 8.0 percent in March (8.1 percent in April
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.”
workers” 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
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.”