unemployment rate in September was 3.5 percent, the same as in August, and
remains lower than the national rate of 3.7 percent,” the Indiana Department
of Workforce Development is reporting.
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 nearly five years. The monthly
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 4,564 over the previous month. This was a result
of a 337 decrease in unemployed residents and an increase of 4,901 employed
residents. Indiana's total labor force, which includes both Hoosiers
employed and those seeking employment, stands at 3.39 million, and the
state’s 65.1 percent labor force participation rate remains above the
national rate of 62.7 percent.
In addition, the
number of Indiana's ongoing regular unemployment insurance claims is the
lowest since 1976, when unemployment insurance claims were first recorded.
employment has grown by more than 26,400 over the year and has increased by
2,500 over the previous month, primarily due to gains in the trade,
transportation and utilities (+2,400); and other (1,700), which includes
mining and logging, IT and other services sectors.
partially offset by losses in manufacturing (-1,300); and private
educational and health services (-1,000) sectors.
employment stands at 2,710,900 and is 22,000 above the December 2017 peak.
Here in Northwest
Indiana, on the other hand, jobless rates in September plummeted.
In Porter County
the seasonally unadjusted unemployment rate in September dropped by more
than half a point, to 3.4 percent from 4.1 percent in August (3.7 percent in
In Lake County the
unemployment rate in September also fell by more than half a point, to 4.5
percent from 5.1 percent in August (4.9 percent in September 2017). In
LaPorte County the unemployment rate in September similarly dropped by more
than half a point, to 3.8 percent from 4.5 percent (3.9 percent in September
In Chesterton the
unemployment rate in September fell by more than a full point, to 3.0
percent from 4.1 percent in August (3.7 percent in September 2017).
In Valparaiso the
unemployment rate in September dropped by half a point, to 3.3 percent from
3.8 percent in August (3.5 percent in September 2017).
In Portage the
unemployment rate in September fell by more than half a point, to 3.8
percent from 4.5 percent in August (4.5 percent in September 2017).
elsewhere in September:
* In Gary the rate
fell by more than half a point, to 7.1 percent from 7.9 percent in August
(7.6 percent in September 2017).
* In East Chicago
the rate fell by exactly one full point, to 5.9 percent from 6.9 percent in
August (6.8 percent in September 2017).
* In Hammond the
rate fell by nearly a full point, to 4.4 percent from 5. 2 percent in August
(5.5 percent in September 2017