Overall unemployment rate moved up to 6.8% with the biggest shift in Government, which lost 300 roles, based on the most recently available information published in March 2021.
Total employment in the Michigan City-La Porte, IN market declined by 1,339 jobs in January and the unemployment rate increased compared to the prior month by 90 bps to 6.8%. The national unemployment rate increased by 31 bps over the same time to 6.8%.
- Michigan City-La Porte, IN unemployment rate is 1 bps below the national rate which is a positive sign.
- Unemployment in the market is 200 bps above the unemployment rate in the market last year at this time, which is a negative.
- Average wages (per hour) grew in January versus prior month by 9% and are down compared to last year at this time in the market.
For key employment segments of the market, total jobs declined by -2.3%. Key sectors include:
- Transportation & Utilities: 8,400; -300
- Manufacturing: 7,800; no change
- Government: 6,000; -300
- Education & Healthcare: 5,700; no change
- Restaurants & Hotels: 4,400; -100
- Business Services: 2,600; no change
- Construction, Mining: 1,700; -200
- 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 January 2021 (Data published March 2021 and reports created on March 25, 2021). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.