Overall unemployment rate moved up to 3.3% with the biggest shift in Transportation & Utilities, which lost 300 roles, based on the most recently available information published in March 2022.
Total employment in the Michigan City-La Porte, IN market declined by 407 jobs in January and the unemployment rate increased compared to the prior month by 140 bps to 3.3%. The national unemployment rate increased by 74 bps over the same time to 4.4%.
- Michigan City-La Porte, IN unemployment rate is 113 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) grew in January versus prior month by 0.9% and are up compared to last year at this time in the market.
For key employment segments of the market, total jobs declined by -1.5%. Key sectors include:
- Transportation & Utilities: 8,400; -300
- Manufacturing: 7,800; no change
- Government: 6,600; -100
- Education & Healthcare: 5,800; no change
- Restaurants & Hotels: 4,500; -100
- Business Services: 2,800; no change
- Construction, Mining: 1,800; -100
- Financial Services: 1,300; 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 2022 (Data published March 2022 and reports created on March 18, 2022). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.