Indiana’s unemployment rate for November fell to 3.0% – matching a low the state has not seen in more than 20 years.
In addition, private sector employment has now increased for five of the last six months. This has resulted in a gain of 69,400 jobs from May 2021 to November 2021.
The last time Indiana’s unemployment rate was at this level was in November 2000. It had fallen to 3.1% in December 2019 and stood at 3.2% before the COVID-19 pandemic struck in March 2020.
By comparison, the national rate in November dropped to 4.2%.
Marshall County is listed as 69th on the list of 92 counties with an unemployment rate of 1.6%. Looking back over the past couple of years the county’s rate in 2020 was 4.2% ranking us 45th. In 2019 we were 41st on the list of counties with a rate of 3.1% and in 2018 we were 57th with a rate of 3.4%.
Looking at the counties surrounding Marshall you will find LaPorte at number 5 on the list of counties with a rate of 2.8% an improvement from their October rate of 3.4%. Starke County continues to stay near the top of the list. In October they were 12th with a rate of 2.9% and for November they remain 12th with a rate of 2.4%. St. Joseph County is 15th with a rate of 2.3%. Last month they were also 15th but their rate was 2.7%. Fulton County also remains in the same spot, 31st for November but their rate improved from 2.4% in October to 2.0 for November.
Kosciusko County is 68th on the list of counties with a rate of 1.6. Last month they were 72nd with a rate of 1.9% and then Marshall County is 69th with a rate of 1.6 also followed by Elkhart County who is 85th of the 92 counties with an unemployment rate of 1.4%.
Union County is 92nd with a rate of 1.2% and Howard County is 1st with a rate of 4.7%.
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.
Learn more about how unemployment rates are calculated here: https://www.hoosierdata.in.gov/infographics/employment-status.asp.