Overall unemployment rate moved up to 6.2% with the biggest shift in Restaurants & Hotels, which gained 300 roles, based on the most recently available information published in June 2021.
Total employment in the Michigan City-La Porte, IN market rose by 770 jobs in May and the unemployment rate increased compared to the prior month by 10 bps to 6.2%. The national unemployment rate decreased by 25 bps over the same time to 5.5%.
- Michigan City-La Porte, IN unemployment rate is 70 bps above the national rate which is a negative sign.
- Unemployment in the market is 900 bps below the unemployment rate in the market last year at this time, which is a positive.
- Average wages (per hour) grew in May versus prior month by 2.2% and are down compared to last year at this time in the market.
For key employment segments of the market, total jobs grew by 1.5% . Key sectors include:
- Transportation & Utilities: 8,400; no change
- Manufacturing: 8,000; +100
- Government: 6,100; no change
- Education & Healthcare: 5,700; +100
- Restaurants & Hotels: 5,100; +300
- Business Services: 2,700; no change
- Construction, Mining: 2,100; +100
- 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 May 2021 (Data published June 2021 and reports created on June 30, 2021). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.