Overall unemployment rate moved up to 4.7% with the biggest shift in Education & Healthcare, which gained 100 roles, based on the most recently available information published in April 2023.
Total employment in the Michigan City-La Porte, IN market declined by 136 jobs in February and the unemployment rate increased compared to the prior month by 30 bps to 4.7%. The national unemployment rate increased by 3 bps over the same time to 3.9%.
- Michigan City-La Porte, IN unemployment rate is 81 bps above the national rate which is a negative sign.
- Unemployment in the market is 90 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 15.5% 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:
- Manufacturing: 8,300; no change
- Transportation & Utilities: 8,200; +100
- Government: 6,300; no change
- Education & Healthcare: 5,900; +100
- Restaurants & Hotels: 4,700; +100
- Business Services: 2,800; -100
- Construction, Mining: 2,000; no change
- Other Jobs: 1,400; no change
- Financial Services: 1,300; no change
- IT & Development: 200; no change
Data is based on the most recent 12 months available, through February 2023 (Data published April 2023 and reports created on April 10, 2023). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.