Overall unemployment rate moved up to 4.4% with the biggest shift in Transportation & Utilities, which lost 400 roles, based on the most recently available information published in March 2023.
Total employment in the Michigan City-La Porte, IN market rose by 10 jobs in January and the unemployment rate increased compared to the prior month by 110 bps to 4.4%. The national unemployment rate increased by 60 bps over the same time to 3.9%.
- Michigan City-La Porte, IN unemployment rate is 54 bps above the national rate which is a negative sign.
- Unemployment in the market is 100 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 15.1% and are up compared to last year at this time in the market.
For key employment segments of the market, total jobs declined by -1.7%. Key sectors include:
- Manufacturing: 8,200; -100
- Transportation & Utilities: 8,100; -400
- Government: 6,300; -100
- Education & Healthcare: 5,800; no change
- Restaurants & Hotels: 4,700; no change
- Business Services: 2,900; no change
- Construction, Mining: 2,000; -100
- 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 January 2023 (Data published March 2023 and reports created on March 17, 2023). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.