Indiana’s unemployment rate in June stands at 2.4%, according to the Indiana Department of Workforce Development. By comparison, the national unemployment rate in June remains at 3.6%, holding steady from May.
In addition, Indiana’s labor force participation rate rose again, from 62.9% in May to 63.1% in June, remaining above the national rate of 62.2%. Indiana’s total labor force, which includes both Hoosiers employed and those seeking employment, stands at 3,378,333 — an increase of 13,632 from the previous month. This is the highest level since February 2020.
“For the third time in four months, Hoosiers have set a new record for private-sector employment in Indiana,” said DWD Interim Commissioner Josh Richardson. “And, as a sign of Indiana’s strong economic growth, employers still have near record numbers of job openings.”
In Marshall County, the June 2022 unemployment rate was 2.6% ranking us 70th of the 92 counties in the state. In May the rate was 2.1% ranking the county 63rd. Over the past several months the county’s unemployment rate has been 1.6% in April, 2.3% in March, 2.1% in February, and 1.9% in January. Looking further back over the last few years the June Unemployment rates have been 3.4% in 2021, 11.3% in 2020, 3.0% in 2019, and 3.4% in 2018.Looking at the counties surrounding Marshall you will find LaPorte County at number 4 on the list of counties with an unemployment rate of 4.0 an increase from the 3.2 they had in May. Starke County is 11th on the list of counties with a rate of 3.7 an increase of nearly a full point from their May rate of 2.9%. St. Joseph County now sits at 18th with a rate of 3.5%. Last month they were at 2.7%. Fulton County is 35th on the list of counties with a rate of 3.1 they also had an increase in their unemployment rate from May when it was 2.4%. Pulaski County is 61st on the list of counties with a June unemployment rate of 2.7%. In May their rate was 2.2%. Wrapping up the counties surrounding Marshall is Kosciusko County which is 79th with a rate of 2.5%, a half a point increase from their May rate of 2.0%, and rounding out the list of counties is Elkhart which is 86th with a rate of 2.3% a slight increase from their 1.8% rate in May. Howard County has the highest unemployment rate at 6.5% and Steuben County has the lowest at 2.2%.
Private sector employment in Indiana increased by 5,000 jobs over the last month, translating to a gain of 108,300 jobs from this time last year. Total private employment now stands at 2,765,700. Industries that experienced job increases in June included:
· Leisure and Hospitality (+6,700);
· Financial Activities (+500); and
· Manufacturing (+100).
As of July 18, 2022, there were 156,813 open job postings throughout the state. The number of people in Indiana that received unemployment benefits during June was 14,757.
Individuals looking for work are encouraged to visit NextLevelJobs.org