Chesterton Tribune

 

 

State jobless rate stable; unemployment here generally down

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By KEVIN NEVERS

The state’s jobless rate remain stable in July at 8.4 percent, the same as in June, the Indiana Department of Workforce Development (DWD) said in a statement released today.

“For the fourth month in a row Indiana’s private sector has experienced significant growth, as July’s job gains totaled 5,900,” DWD said, and Indiana has now added over 203,000 private sector jobs since July 2009, the low point of employment in Indiana, and has grown jobs in 40 out of the past 43 months.

“The Trade, Transportation and Utilities sector experienced the largest one-month growth since 1990,” said DWD Commissioner Scott Sanders said. “Initial claims for unemployment insurance in 2013 have been at their lowest levels since 2000, the peak of employment in The Hoosier State.”

Sectors showing gains in July included trade, transportation and utilities (+10,800); and professional and business services (+4,100).

Sectors showing declines include construction (-3,400); manufacturing (-2,000); leisure and hospitality (-1,500); and private education and health services (-1,100).

Total non-farm employment increased in July (+6,900).

Regionally, Locally

Here in Northwest Indiana unemployment was generally down or stable, after two consecutive months of spikes.

In Porter County the unemployment rate in July dropped to 8.2 percent, compared to 8.4 percent in June (7.8 percent in July 2012). Throughout the county 6,828 people were looking for work in July, a decrease of 2.8 percent from June (an increase of 4.8 percent since July 2012).

In Lake County the unemployment rate in July slipped to 10.1 percent, from 10.4 percent in June (9.7 percent in July 2012). In LaPorte the unemployment rate in July fell by nearly half a point, to 9.9 percent from 10.3 percent in June (9.9 percent in July 2012).

In Chesterton, on the other hand, the unemployment rate in July plummeted by more than a full point, to 6.8 percent from 7.9 percent in June (6.3 percent in July 2012). A total of 461 people was looking for work in July, a decrease of 14.6 percent from June (an increase of 8.2 percent since July 2012).

In Valparaiso the unemployment rate in July declined marginally, to 7.8 percent from 7.9 percent in June (8.0 percent in July 2012). A total of 1,251 people was looking for work in July, a decrease of 1.4 percent from June (a decrease of 3.8 percent since July 2012).

In Portage the unemployment rate in July rose to 10.0 percent, from 9.6 percent in June (9.6 percent in July 2012). A total of 1,808 people was looking for work in July, an increase of 4.6 percent over June (an increase of 3.9 percent since July 2012.)

Unemployment rates elsewhere in July:

* In Gary the rate rose marginally to 14.9 percent, from 14.8 percent in June (14.4 percent in July 2012).

* In East Chicago the rate dropped to 13.4 percent, from 13.7 percent in June (16.0 percent in July 2012).

* In Hammond the rate fell by nearly a full point, to 10.7 percent from 11.5 percent in June (9.9 percent in July 2012).

* In Michigan City the rate slipped to 11.6 percent, from 11.8 percent in June (11.6 percent in July 2012).

* In LaPorte the rate remained stable at 9.1 percent, the same as in June (9.1 percent in July 2012).

Alternative Measures

The official national unemployment rate in July was 8.0 percent, down from 8.2 percent in June (8.6 percent in July 2012).

However--according to the U.S. Bureau of Labor Statistics--if “discouraged workers,” all other “marginally attached workers,” and “total employed part-time for economic reasons” are included in the tally, the unofficial unemployment rate in July was 14.0 percent, down from 14.3 percent in June (15.2 percent in July 2012).

“Marginally attached 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.”

“Discouraged 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 area.

“Persons employed 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.”

 

Posted 8/19/2013