Overall unemployment rate moved up to 3.2% with the biggest shift in Restaurants & Hotels, which gained 100 roles, based on the most recently available information published in June 2022.
Total employment in the Michigan City-La Porte, IN market rose by 212 jobs in May and the unemployment rate increased compared to the prior month by 20 bps to 3.2%. The national unemployment rate increased by 4 bps over the same time to 3.4%.
- Michigan City-La Porte, IN unemployment rate is 18 bps below the national rate which is a positive sign.
- Unemployment in the market is 240 bps below the unemployment rate in the market last year at this time, which is a positive.
- Average wages (per hour) declined in May versus prior month by -0.9% 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:
- Transportation & Utilities: 8,100; -100
- Manufacturing: 7,800; no change
- Government: 6,600; +100
- Education & Healthcare: 5,900; no change
- Restaurants & Hotels: 4,700; +100
- Business Services: 2,800; no change
- Construction, Mining: 2,100; +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 May 2022 (Data published June 2022 and reports created on June 29, 2022). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.