06/21/10
Indiana continued to see modest private sector growth in May with 6,300 additional jobs. The state’s private sector employment has grown by 2.1 percent since December 2009, with a total gain of 47,900 jobs. That accounts for 10 percent of total U.S. private sector employment growth during the five-month period (Indiana has 2 percent of the country’s population). Indiana’s preliminary seasonally-adjusted unemployment rate remained unchanged at 10.0 percent due to the continued return of Hoosiers to the labor force.
“It is welcome news that private sector employment grew in Indiana for the fifth consecutive month,” said Mark W. Everson, Commissioner of the Indiana Department of Workforce Development. “Since the start of the year, one in ten of all jobs created across the country were in Indiana. While unemployment is still too high, we are seeing a sharp drop in new unemployment claims, a 32 percent decline over the past year.”
The growth of 6,300 jobs in the private sector included the following significant sector employment increases: Professional and Business Services (5,700), Private Education and Health Services (2,600), and Manufacturing (2,200). Sectors reporting employment declines include: Trade, Transportation and Utilities (-2,600), Construction (-2,600) and Financial Activities (-1,000). The impact of short-term U.S. Census hiring accounted for an additional 5,200 jobs in the government sector, increasing the seasonally-adjusted total non-farm employment in Indiana by 11,500 for May.
Locally Marshall County sits a number 33 in the state with a rate of 10.3 along with Fulton County. Other counties surrounding Marshall show Elkhart County at the top of the list with an unemployment rate of 13.7. Starke County is just a couple of numbers down the list at 8th with a rate of 11.8. LaPorte and Saint Joseph Counties are 10 and 11 respectfully each with a rate of 11.4. To the east Kosciusko County is 53 on the list with a rate of 9.5 and Pulaski County to the west with Pulaski a rate of 8.4.
Indiana continues to report the lowest unemployment rate of its neighboring states.
|
|
May 2009 |
April 2010 |
May 2010 |
Monthly Change |
Yearly Change |
|
Indiana |
10.6% |
10.0% |
10.0% |
0.0% |
-0.6% |
|
U.S. |
9.4% |
9.9% |
9.7% |
-0.2% |
0.3% |
|
Illinois |
10.0% |
11.2% |
10.8% |
-0.4% |
0.8% |
|
Kentucky |
10.6% |
10.6% |
10.4% |
-0.2% |
-0.2% |
|
Ohio |
10.3% |
10.9% |
10.7% |
-0.2% |
0.4% |
|
Michigan |
13.6% |
14.0% |
13.6% |
-0.4% |
0.0% |
