Chesterton Tribune

 

 

Indiana jobless rate stable at 3.2 percent in December, up and down in NWI

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By KEVIN NEVERS

The state’s jobless rate in December was stable at 3.2 percent, the same as in November (3.5 percent in December 2018), the Indiana Department of Workforce Development is reporting.

That rate remains below the national unemployment rate in December of 3.5 percent.

In December Indiana’s labor force had a net increase of 1,948 over the previous month: the result of a decrease of three unemployed residents and an increase of 1,951 employed ones. The state’s total labor force, which includes both Hoosiers who are employed and those seeking employment, was 3.38 million. Indiana’s 64.4-percent labor force participation rate remains above the national rate of 63.2 percent.

Private sector employed decreased by 500 over the year and by 900 over November. This decrease is chiefly due to losses in leisure and hospitality (-1,600); the private educational and health services (-900).

The losses were partially offset by gains in trade, transportation, and utilities (+2,1000; and construction (+1,400).

Total private employment stood at 2,731,600 in December, which is 500 below the December 2018 peak.

Regionally and Locally

Meanwhile, here in Northwest Indiana, unemployment was a mixed bag.

In Porter County the seasonally unadjusted unemployment rate in December was up to 3.6 percent, from 3.4 percent in November (3.9 percent in December 2018).

In Lake County the unemployment rate in December was up by nearly half a point, to 4.9 percent from 4.5 percent in November (5.1 percent in December 2018). In LaPorte County the unemployment rate in December was up to 4.2 percent, from 3.9 percent in November (4.7 percent in December 2018).

In Chesterton the unemployment rate in December was up by more than half a point, to 3.9 percent from 3.3 percent in November (3.5 percent in December 2018).

In Valparaiso the unemployment rate in December was down to 3.1 percent, from 3.3 percent in November (3.7 percent in December 2018).

In Portage the unemployment rate in December was up to 4.3 percent, from 4.0 percent in November (4.5 percent in December 2018).

Unemployment rates elsewhere in December:

--In Gary the rate was down to 6.7 percent, from 6.8 percent in November (6.9 percent in December 2018).

--In East Chicago the rate was up by more than a full point, to 7.0 percent from 5.9 percent in November (7.0 percent in December 2018).

--In Hammond the rate was up to 5.4 percent, from 4.9 percent in November (5.7 percent in December 2018).

--In Michigan City the rate was down to 4.3 percent, from 4.4 percent in November (5.0 percent in December 2018).

--In LaPorte the rate was up by more than half a point, to 4.7 percent from 4.1 percent in November (5.0 percent in December 2018).

Alternative Measures

The national unemployment rate in December was 3.5 percent, the same as in November (3.7 percent in December 2018).

However--according 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 unemployment rate in December was 6.7 percent, down from 6.9 percent in November (7.5 percent in December 2018).

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 month), 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 1/28/2020

 
 
 
 

 

 

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