Overall unemployment rate moved down to 5.4% with the biggest shift in Government, which gained 300 roles, based on the most recently available information published in September 2021.
Total employment in the Michigan City-La Porte, IN market declined by 320 jobs in August and the unemployment rate decreased compared to the prior month by 50 bps to 5.4%. The national unemployment rate decreased by 38 bps over the same time to 5.3%.
- Michigan City-La Porte, IN unemployment rate is 11 bps above the national rate which is a negative sign.
- Unemployment in the market is 400 bps below the unemployment rate in the market last year at this time, which is a positive.
- Average wages (per hour) declined in August versus prior month by -2.4% and are down compared to last year at this time in the market.
For key employment segments of the market, total jobs grew by 1.3% . Key sectors include:
- Transportation & Utilities: 8,500; no change
- Manufacturing: 8,100; no change
- Education & Healthcare: 5,800; +200
- Government: 5,600; +300
- Restaurants & Hotels: 4,700; no change
- Business Services: 2,800; +100
- Construction, Mining: 2,100; no change
- Financial Services: 1,200; -100
- Other Jobs: 1,100; no change
- IT & Development: 200; no change
Data is based on the most recent 12 months available, through August 2021 (Data published September 2021 and reports created on September 29, 2021). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.