Overall unemployment rate moved up to 6.9% with the biggest shift in Restaurants & Hotels, which lost 100 roles, based on the most recently available information published in April 2021.
Total employment in the Michigan City-La Porte, IN market declined by 510 jobs in February and the unemployment rate increased compared to the prior month by 10 bps to 6.9%. The national unemployment rate decreased by 26 bps over the same time to 6.6%.
- Michigan City-La Porte, IN unemployment rate is 35 bps above the national rate which is a negative sign.
- Unemployment in the market is 220 bps above the unemployment rate in the market last year at this time, which is a negative.
- Average wages (per hour) grew in February versus prior month by 4.4% and are down compared to last year at this time in the market.
For key employment segments of the market, total jobs grew by 0.5% . Key sectors include:
- Transportation & Utilities: 8,400; no change
- Manufacturing: 7,800; +100
- Government: 6,100; +100
- Education & Healthcare: 5,700; no change
- Restaurants & Hotels: 4,300; -100
- Business Services: 2,700; +100
- Construction, Mining: 1,700; no change
- Financial Services: 1,200; no change
- Other Jobs: 1,100; no change
- IT & Development: 200; no change
Data is based on the most recent 12 months available, through February 2021 (Data published April 2021 and reports created on April 9, 2021). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.