Overall unemployment rate moved down to 3.4% with the biggest shift in Government, which gained 200 roles, based on the most recently available information published in December 2021.
Total employment in the Michigan City-La Porte, IN market rose by 171 jobs in October and the unemployment rate decreased compared to the prior month by 40 bps to 3.4%. The national unemployment rate decreased by 30 bps over the same time to 4.3%.
- Michigan City-La Porte, IN unemployment rate is 86 bps below the national rate which is a positive sign.
- Unemployment in the market is 350 bps below the unemployment rate in the market last year at this time, which is a positive.
- Average wages (per hour) declined in October versus prior month by -2.0% and are down compared to last year at this time in the market.
For key employment segments of the market, total jobs grew by 0.7% . Key sectors include:
- Transportation & Utilities: 8,500; +100
- Manufacturing: 8,100; no change
- Government: 6,200; +200
- Education & Healthcare: 5,700; no change
- Restaurants & Hotels: 4,900; no change
- Business Services: 2,800; no change
- Construction, Mining: 2,100; 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 October 2021 (Data published December 2021 and reports created on December 2, 2021). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.