Indiana’s unemployment rate fell from 3.0% in November to 2.7% in December—a record low for the state dating back to 1976, according to the Indiana Department of Workforce Development (DWD).
In addition, private sector employment jumped by 10,900 over the last month and has now increased for six of the last seven months. This has resulted in a gain of 82,400 jobs year-over-year. Total private employment now stands at 2,705,500—35,000 below the December 2019 peak of 2,740,500.
Marshall County’s unemployment rate for December 2021 was 0.9% ranking us 80th of the 92 counties. Looking back over the last few years you will find a much higher unemployment rate in the county. In 2020 the rate was 3.4%. 2019 had a rate of 2.9. In 2018 the unemployment rate was 3.2 and in 2017 the rate was 2.7.
Taking a look at the counties surrounding Marshall you will find LaPorte at #4 on the list of counties with a rate of 1.9%. Starke County is 9th with a rate of 1.6%. St. Joseph County is 26th with an unemployment rate of 1.4% followed by Fulton County at 30th with a rate of 1.3%. Pulaski has an unemployment rate of 1.2 ranking them 38th and Kosciusko County is 64th with a rate of 1.0%. Elkhart County is 76th with a rate of .09% and Marshall is 80th with their rate also of 0.9%
“With a 2.7% unemployment rate and more than 150,000 job postings statewide, there are now more employment and economic opportunities available than there have been in several decades,” DWD Commissioner Fred Payne said. “We will continue to offer Hoosier job seekers the proper skills training to secure the job of their choice, and Hoosier employers the tools to find workers to fit their needs.”
By comparison, the national unemployment rate dropped from 4.2% in November to 3.9% in December.
Learn more about how unemployment rates are calculated here: https://www.hoosierdata.in.gov/infographics/employment-status.asp.