Pulaski County's unemployment rate dips to 3.3% in November
Wednesday, 03 January 2018 00:05

Pulaski County's unemployment rate dipped 3.3 percent in November, down from 3.5 percent in October, the Indiana Department of Workforce Development reported Wednesday (Dec. 27). The rate was 4.1 percent a year ago.

The county has 5,891 employed persons in a labor force of 6,092. Last month those numbers were 5,822 of 6,033. A year ago the numbers were 5,989 of 6,247.

The state's November unemployment fell to 3.7 percent (seasonally adjusted), compared to 3.9 the previous month. The November 2016 rate was 4.1 percent. Indiana has 3,178,569 employed persons in a labor force of 3,288,895 people. The U.S. unemployment rate remained steady at 4.1 percent in November (seasonally adjusted), the same rate as October. A year ago, the national rate was 4.6 percent. The U.S. has 154.2 million employed persons in a labor force of 160.5 million.

The unemployment rates for surrounding counties in November (all nearly the same as the previous month) were Jasper 4.0 percent, Starke 4.1, Marshall 3.0, Fulton 3.2, Cass 3.5, and White 3.1.

Fayette (4.9 percent), and Lake (4.8) were the counties with the state's highest unemployment rates in November. Nearby LaPorte (7th) and Newton (10th) counties were in the state's top 10 counties with the highest unemployment. Pulaski County was in a four-way tie for 48th place of the 92 counties. Dubois County (2.4 percent), along with Elkhart, LaGrange and Bartholomew counties (all 2.5 percent) had 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.

 

November 2017 Indiana Employment Report

INDIANAPOLIS -   Indiana’s unemployment rate stands at 3.7 percent for November and remains lower than the national rate of 4.1 percent. With the exception of one month when it was equal (October 2014), Indiana's unemployment rate now has been below the U.S. rate for more than four years. The monthly unemployment rate is a U.S. Bureau of Labor Statistics (BLS) indicator that reflects the number of unemployed people seeking employment within the prior four weeks as a percentage of the labor force. Indiana’s labor force had a net decrease of 15,398 over the previous month, which was a result of 5,516 unemployed residents no longer seeking employment, and a 9,882 decrease in residents employed within the past four weeks. Indiana's total labor force stands at 3.32 million, and the state’s 63.9 percent labor force participation rate remains above the national rate of 62.7 percent.

In addition, Indiana's initial and ongoing unemployment insurance claims are at historical lows.

 

Employment by Sector

Private sector employment has grown by more than 13,700 over the year, and has decreased by 4,200 over the previous month, primarily due to losses in the Trade, Transportation and Utilities (-2,900) and the Leisure and Hospitality (-2,500) sectors. 

Losses were partially offset by a gain in the Construction (4,900) sector. Total private employment stands at 2,690,600 and is 13,700 above the November 2016 peak.