Indiana’s unemployment rate drops to 11.2 percent for June, and the national rate is 11.1 percent. 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.
Indiana’s labor force had a net increase of 53,484 over the previous month. This was a result of a decrease of 28,747 unemployed residents and an increase of 82,231 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 64.3 percent labor force participation rate is above the national rate of 61.5 percent.
Locally Marshall County is 24th on the list of 92 counties with an unemployment rate of 11.3 for June. In May the local rate was 10.0 and in April it was 18.4. Obviously the unemployment rates are much higher due to COVID-19. Just one year ago the unemployment rate in Marshall County was 3.5.
Taking a look at the counties surrounding Marshall you find LaPorte 5th with a rate of 15.6; St. Joseph at 13.4; Starke at 12.6 and Elkhart is 27th with a rate of 10.9. Fulton County has a rate of 10.5; Pulaski County is 41st with a rate of 10.4 and Kosciusko County is 68th with a rate of 9.0.
Learn more about how unemployment rates are calculated here: http://www.hoosierdata.in.gov/infographics/employment-status.asp.
