Indiana’s unemployment rate fell from 2.7% in December 2021 to 2.4% in January 2022—continuing a record low for the state dating back to 1976, when the current method of compiling unemployment rates began, according to the Indiana Department of Workforce Development (DWD).
In addition, private sector employment increased by 1,500 jobs over the last month and has now grown for seven of the last eight months. This has resulted in a gain of 85,800 jobs year-over-year. Total private employment now stands at 2,731,800—9,900 below the February 2019 peak of 2,741,700.
Marshall County’s unemployment rate for December 2021 was 0.9% ranking us 80th of the 92 counties. The January rate was 1.9% ranking the county 67th. It was noted that 12 other counties had an unemployment rate of 1.9% in January.
Taking a look at the counties surrounding Marshall you will find LaPorte at #3 out of the 92 counties with a rate of 3.3%. Last month their rate was 1.9%. Starke County moved up to 4th on the list with a rate of 3.3%. In December they were 9th with a rate of 1.6%. St. Joseph County is 22nd with a rate of 2.6% and last month they were 26th with an unemployment rate of 1.4%. Fulton County moved from 30th with a rate of 1.3% to 24th with a rate of 2.5%. Pulaski has an unemployment rate of 2.3% ranking them 38th of the 92 counties, a change from their December rate of 1.2% and a ranking of 38th. Kosciusko County’s rate of 1.8% which ranks them 77th. Last month they were 64th with a rate of 1.0% and Elkhart County is the lowest of the counties surrounding Marshall with a rate of 1.6% they are 89th on the list of counties. Last month they were 76th with a rate of .09% and Marshall is 80th with their rate also of 0.9%
“With a 2.4% unemployment rate in January, even lower than the previous month, Indiana continues to outperform the nation as a whole,” DWD Commissioner Fred Payne said. “The low unemployment rate coincides with significant year-over-year job growth indicating that Indiana is trending in the right direction.”
By comparison, the national unemployment rate increased from 3.9% in December 2021 to 4.0% in January 2022.