Pulaski County unemployment rate at 2.9% in June
Thursday, 27 July 2017 19:55

Pulaski County's unemployment rate increased to 2.9 percent in June, up from 2.7 percent in May, the Indiana Department of Workforce Development reported Monday (July 24). The rate was 4.4 percent a year ago.

The county has 6,292 employed persons in a labor force of 6,482. Last month those numbers were 6,335 of 6,511. A year ago the numbers were 6,319 of 6,608.

The state's June unemployment fell to 3.0 percent (seasonally adjusted), compared to 3.2 the previous month. The June 2016 rate was 4.5 percent. Indiana has 3.271 million employed persons in a labor force of 3.376 million people. The U.S. unemployment rate rose to 4.4 percent in June (seasonally adjusted), up from 4.3 percent in May. A year ago, the national rate was 4.9 percent. The U.S. has 155.09 million employed persons in a labor force of 161.3 million.

The unemployment rates for surrounding counties in June (all higher than the previous month) were Jasper 3.8 percent, Starke 3.5, Marshall 2.6, Fulton 2.9, Cass 3.5, and White 2.6.

Howard (4.9 percent), and Fayette and Lake (both 4.4) counties had the state's highest unemployment rates. Pulaski County was in a 15-way tie for 64th place of the 92 counties. Nearby Jasper (9th) and LaPorte (10th) counties ranked in the state's top 10 counties with the highest unemployment. Adams, Dubois and Elkhart counties (all 2.3 percent) were the locations with the state's lowest unemployment rates.

 

EDITOR'S NOTE:  Per the U.S. Bureau of Labor Statistics, sub-state level data are not seasonally adjusted due to sample size. For example, over the course of a year, the size of the labor force, employment and unemployment levels, and other measures of labor market undergo fluctuations due to seasonal events including changes in weather, harvests, major holidays, and school schedules. Therefore, for more accurate comparisons, data should be compared to the same month from prior years, not the previous month, as to better account for non-economic factors.

 

June 2017 Indiana Employment Report

INDIANAPOLIS -  Indiana’s unemployment rate stands at 3.0 percent for June and remains lower than the national rate of 4.4 percent. The unemployment rate is a U.S. Bureau of Labor Statistics (BLS) indicator that reflects the number of unemployed people as a percentage of the labor force. Indiana’s labor force decreased by 2,427 over the previous month with a 4,088 increase in employment and a 6,515 decrease in unemployment. Indiana's total labor force continues to stand at more than 3.33 million, and the state’s 64.4 percent labor force participation rate remains above the national rate of 62.8 percent.

"We are pleased to see Indiana's unemployment rate go lower this past month and stay at its lowest levels since the mid-1990s. We believe this is an indication of the state's ongoing strong economy," said Steven J. Braun, Commissioner of the Indiana Department of Workforce Development (DWD). "We at the Department of Workforce Development remain focused on assisting Hoosiers who are unemployed or underemployed. I encourage them to visit their local WorkOne Career Centers and utilize the free resources and job assistance programs available to them."

The decreasing unemployment rate is a direct correlation to the state's constricting labor market, according to Braun. DWD's long-term challenge is developing the workforce to meet the projected employer demand of filling more than one million jobs over the next 10 years, and Braun believes the agency is well-positioned to do so.

 

Employment by Sector

Private sector employment has grown by more than 45,700 over the year, and has increased by 10,100 over the previous month, primarily due to gains in the Professional and Business Services (3,500) and the Private Educational and Health Services (3,000) sectors. 

Gains were partially offset by losses in the Transportation, Trade and Utilities (-1,700) and the Construction (-900) sectors.

Total private employment stands at 2,692,600 and is 15,700 above the November 2016 peak.