Overall unemployment rate moved up to 4.0% with the biggest shift in Government, which lost 200 roles, based on the most recently available information published in August 2022.
Total employment in the Michigan City-La Porte, IN market rose by 270 jobs in June and the unemployment rate increased compared to the prior month by 80 bps to 4.0%. The national unemployment rate increased by 46 bps over the same time to 3.8%.
- Michigan City-La Porte, IN unemployment rate is 16 bps above the national rate which is a negative sign.
- Unemployment in the market is 190 bps below the unemployment rate in the market last year at this time, which is a positive.
- Average wages (per hour) grew in June versus prior month by 5.3% and are up compared to last year at this time in the market.
For key employment segments of the market, total jobs declined by -0.2%. Key sectors include:
- Transportation & Utilities: 8,200; +100
- Manufacturing: 7,800; no change
- Government: 6,400; -200
- Education & Healthcare: 5,900; no change
- Restaurants & Hotels: 4,700; no change
- Business Services: 2,800; no change
- Construction, Mining: 2,100; no change
- 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 June 2022 (Data published August 2022 and reports created on August 3, 2022). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.