Pulaski County unemployment rate at 3.1% in December
Monday, 29 January 2018 00:13

Pulaski County's unemployment rate dipped 3.1 percent in December, down from 3.3 percent in November, the Indiana Department of Workforce Development reported Wednesday (Jan. 24). The rate was 4.5 percent a year ago.

The county has 5,810 employed persons in a labor force of 5,997. Last month those numbers were 5,887 of 6,087. A year ago the numbers were 5,798 of 6,072.

The state's December unemployment fell to 3.4 percent (seasonally adjusted), compared to 3.7 the previous month. The December 2016 rate was 4.0 percent. Indiana has 3,167,884 employed persons in a labor force of 3,268,341 people. The U.S. unemployment rate remained steady at 4.1 percent in December (seasonally adjusted), the same rate as November. A year ago, the national rate was 4.7 percent. The U.S. has 153.6 million employed persons in a labor force of 159.9 million.

The unemployment rates for surrounding counties in December (all lower than the previous month) were Jasper 3.8 percent, Starke 4.1, Marshall 2.7, Fulton 3.1, Cass 3.4, and White 3.0.

Vermillion (4.9 percent), and Lake (4.8) were the counties with the state's highest unemployment rates in December. Nearby Newton (5th), LaPorte (6th) and Starke (8th) counties were in the state's top 10 counties with the highest unemployment. Pulaski County was in a seven-way tie for 47th place of the 92 counties. LaGrange County (2.0 percent), and Elkhart County (2.1 percent) had the state's lowest unemployment rates.

 

EDITOR'S NOTE:  Per the U.S. Bureau of Labor Statistics, sub-state level data are not seasonally adjusted due to sample size. For example, over the course of a year, the size of the labor force, employment and unemployment levels, and other measures of labor market undergo fluctuations due to seasonal events including changes in weather, harvests, major holidays, and school schedules. Therefore, for more accurate comparisons, data should be compared to the same month from prior years, not the previous month, as to better account for non-economic factors.

 

December 2017 Indiana Employment Report

INDIANAPOLIS -  Indiana’s unemployment rate stands at 3.4percent for December and remains lower than the national rate of 4.1 percent. With the exception of one month when it was equal (October 2014), Indiana's unemployment rate now has been below the U.S. rate for more than four years. 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.

Indiana’s labor force had a net decrease of 14,195 over the previous month. This was a result of 10,696 unemployed residents no longer seeking employment within the past four weeks, and a 3,499 decrease in residents employed. Indiana's total labor force, which includes both Hoosiers employed and those seeking employment, stands at 3.30 million, and the state’s 63.6 percent labor force participation rate remains above the national rate of 62.7 percent.

 

Employment by Sector

Private sector employment has grown by more than 24,400 over the year, and has increased by 6,000 over the previous month, primarily due to gains in the Manufacturing (4,700) and the Private Educational & Health Services (3,500)sectors. 

Gains were partially offset by losses in the Professional & Business Services (-4,100) and the Financial Activities (-1,900) sectors. 

Total private employment stands at 2,697,700 and is 20,800 above the November 2016 peak.