Indiana’s unemployment rate in Mayremained unchanged from the previous month, holding steady at 2.2%, according to the Indiana Department of Workforce Development (DWD). By comparison, the national unemployment rate in May stood at 3.6%, also remaining stable from April.
In addition, Indiana’s labor force participation rate rose again, from 62.6% in April to 62.9% in May, remaining above the national rate of 62.3%. Indiana’s total labor force, which includes both Hoosiers employed and those seeking employment, stands at 3,364,365—an increase of 16,374 from the previous month.
“While the number of people working in the private sector is at a new high, there remains numerous available job opportunities throughout Indiana,” said DWD Commissioner Fred Payne. “More and more Hoosiers have spent the last several months reassessing their career and career goals, and the May employment report shows individuals continue to return to the workplace.”
Private sector employment in Indiana decreased by 5,300 jobs over the last month, translating to a gain of 105,200 jobs from this time last year. Total private employment now stands at 2,759,300. Industries that experienced job increases in May included:
- Manufacturing (+2,400);
- Professional and Business Services (+2,000); and
- Leisure and Hospitality (+1,000).
As of June 1, 2022, there were 159,763 open job postings throughout the state. The number of people in Indiana that received unemployment benefits during May was 16,902.
The May unemployment rate in Marshall County was 2.1% ranking us 63rd of the 92 counties in the state. In April our rate was 1.6% and looking back over this year the rates have been 2.3% in March, 2.1% in February, and in 1.9% in January. Looking back over the last few years the May Unemployment rates have been 3.2% in 2021, 10% in 2020, 22.8% in 2019, and 3.0% in 2018.
Looking at the counties surrounding Marshall you will find LaPorte County still at number 4 on the list of counties with an unemployment rate of 3.2, a slight variation from their April rate of 3.0%. Starke County moved down to 10th on the list of counties with a rate of 2.9%. A slight increase in the unemployment rate they had in April of 2.7%. St. Joseph County is 22nd with a rate of 2.7. Their April rate was 2.3% and their March rate was 2.9%. Fulton County is 35th on the list of counties with a rate of 2.4%. Last month their rate was 2.2%. Pulaski County sits at 53rd with a May unemployment rate of 2.2%. In April they were at 2.6% and in March 2.0%.
Kosciusko County is 77th with a rate of 2.0%, another slight change from their April rate of 1.7%. Rounding out the area counties is Elkhart which is 88th with a rate of 1.8%. In April their rate was 1.4%.
Lake County has the highest unemployment rate at 4.2% and LaGrange County has the lowest at 1.7%.