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Indiana Labor Market Review – August 2024

August 26, 2024

Specialized Staffing

Economic Growth Region 2

Statistical Data Report for June 2024, Released August 2024

State Employment and Unemployment

Unemployment rates were higher in June in 8 states, lower in 1 state, and stable in 41 states and the District of Columbia, the U.S. Bureau of Labor Statistics reported. Thirty-one states and the District had jobless rate increases from a year earlier, 2 states had decreases, and 17 states had little change. The national unemployment rate changed little at 4.1 percent but was 0.5 percentage point higher than in June 2023.

Nonfarm payroll employment increased in 8 states and was essentially unchanged in 42 states and the District of Columbia in June 2024. The largest job gains occurred in North Carolina (+23,100), Massachusetts (+19,000), and Virginia (+15,000). The largest percentage increases occurred in Arkansas, New Hampshire, and New Mexico (+0.6 percent each).

Over the year, nonfarm payroll employment increased in 27 states and was essentially unchanged in 23 states and the District. The largest job gains occurred in Texas (+267,400), California (+223,600), and Florida (+196,900). The largest percentage increases occurred in South Carolina (+3.5 percent), Missouri (+3.2 percent), and Nevada (+3.1 percent).

Source: Indiana Department of Workforce Development, Research & Analysis, Local Area Unemployment Statistics | Unemployment Statistics Released:07/24 | Notes: The data displayed are presented as estimates only. The most recent month’s data are always preliminary and are revised when the next month’s data are released

*Midwest region = Midwest Urban Average. Midwest Region includes Illinois, Indiana, Iowa, Kansas, Michigan, Minnesota, Missouri, Nebraska, North Dakota, Ohio, South Dakota and Wisconsin | Source: U.S. Bureau of Labor Statistics

Source: Indiana Department of Workforce Development, Research and Analysis

Economic Growth Region (EGR) 2

Elkhart, Fulton, Kosciusko, 
Marshall, and St. Joseph Counties

Unemployment Rates by State
(seasonally adjusted):
June 2024

U.S. – 4.1%

Illinois – 5%

Indiana – 3.8%

Kentucky – 4.6%

Michigan – 4.1%

Ohio – 4.4%

Source: U.S. Department of Labor, Bureau of Labor Statistics

Unemployment Rank by County
(of 92 Counties): May 2024

#14 – St. Joseph (4.9%)

 

#30 – Elkhart (4.5%)

#32 – Kosciusko (4.5%)

 

#41 – Fulton (4.2%)

#44 – Marshall (4.2%)

Source: Indiana Department of Workforce Development, Research and Development, Local Area Unemployment Statistics

Unemployment Claims: June 2024


REGION 2

Initial Claims

06/01/24 – 187(D)

06/08/24 – 296(D)

06/15/24 – 233(D)

06/22/24 – 253(D)

06/29/24 – 342

Continued Claims

06/01/24 – 2,068

06/08/24 – 1,875

06/15/24 – 1,704

06/22/24 – 1,903

06/29/24 – 2,308

Total Claims

06/01/24 – 2,255

06/08/24 – 2,171

06/15/24 – 1,937

06/22/24 – 2,156

06/29/24 – 2,650

STATE OF INDIANA

Initial Claims

06/01/24 – 2,339

06/08/24 – 3,442

06/15/24 – 3,087

06/22/24 – 2,967

06/29/24 – 2,894

Continued Claims

06/01/24 – 20,168

06/08/24 – 19,509

06/15/24 – 19,369

06/22/24 – 19,084

06/29/24 – 22,754

Total Claims

06/01/24 – 22,507

06/08/24 – 22,951

06/15/24 – 22,456

06/22/24 – 22,051

06/29/24 – 25,648

Notes: (D) Indicates one or more counties are excluded due to non-disclosure issues | Numbers subject to weekly revision |Source: Indiana Department of Workforce Development, Research and Analysis

Source: Indiana Department of Workforce Development, WARN Notices | For information on WARN Act requirements, you may go to the U.S. Department of Labor Employment Training Administration Fact Sheet:

https://www.doleta.gov/programs/factsht/warn.htm

Elkhart-Goshen MSA Trends

Source: Indiana Dept of Workforce Development, Research and Analysis, Current Employment Statistics

Source: Indiana Department of Workforce Development, Research & Analysis, Current Employment Statistics | Note: Historical data for the most recent 4 years (both seasonally adjusted and not seasonally adjusted) are revised near the beginning of each calendar year, prior to the release of January estimates for statewide data.

South Bend-Mishawaka MSA Trends

Source: Indiana Dept of Workforce Development, Research and Analysis, Current Employment Statistics

Source: Indiana Department of Workforce Development, Research & Analysis, Current Employment Statistics | Note: Historical data for the most recent 4 years (both seasonally adjusted and not seasonally adjusted) are revised near the beginning of each calendar year, prior to the release of January estimates for statewide data.

Statewide Occupation Trends

Source: Indiana Workforce Development, Indiana Career Connect

Source: Indiana Workforce Development, Indiana Career Connect

Indiana

June Indiana Employment Snapshot

All estimates are seasonally adjusted except for the Rental Vacancy Rate and Home Ownership Rate. None of the estimates are adjusted for price changes.
(*) The 90% confidence interval includes zero. The Census Bureau does not have sufficient statistical evidence to conclude that the actual change is different from zero.
(°) Statistical significance is not applicable or not measurable for these surveys. The Manufacturers’ Shipments, Inventories and Orders estimates are not based on a probability sample, so we can neither measure the sampling error of these estimates nor compute confidence intervals.
(r) Revised. 

https://www.in.gov/dwd/images/employmentreport/        Visited 8/26/2024

County Unemployment Rates
June 2024

Questions?

Please contact the DWD Representative below:

Kathy Jaworski

Regional Labor Analyst

Research and Analysis

Indiana Department of Workforce Development

(219) 841-6347

kjaworski@dwd.in.gov

Disclaimer

All information reported was provided by the Indiana Department of Workforce Development.  The Indiana Labor Market Review is published monthly and can be obtained by contacting your DWD Representative

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