Overall unemployment rate moved down to 2.9% with the biggest shift in Government, which gained 700 roles, based on the most recently available information published in November 2022.
Total employment in the Michigan City-La Porte, IN market rose by 137 jobs in September and the unemployment rate decreased compared to the prior month by 90 bps to 2.9%. The national unemployment rate decreased by 47 bps over the same time to 3.3%.
- Michigan City-La Porte, IN unemployment rate is 42 bps below the national rate which is a positive sign.
- Unemployment in the market is 100 bps below the unemployment rate in the market last year at this time, which is a positive.
- Average wages (per hour) grew in September versus prior month by 8% and are up compared to last year at this time in the market.
For key employment segments of the market, total jobs grew by 1.8% . Key sectors include:
- Transportation & Utilities: 8,100; -100
- Manufacturing: 7,800; no change
- Government: 6,500; +700
- Education & Healthcare: 6,000; no change
- Restaurants & Hotels: 4,700; no change
Data is based on the most recent 12 months available, through September 2022 (Data published November 2022 and reports created on November 2, 2022). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.