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Indiana Labor Market Review – December 2024

December 7, 2024

Specialized Staffing

Economic Growth Region 2

Statistical Data Report for October 2024, Released December 2024

State Employment and Unemployment

Unemployment rates were lower in October in 3 states, higher in 1 state, and stable in 46 states and the District of Columbia, the U.S. Bureau of Labor Statistics reported. South Dakota had the lowest jobless rate in October, 1.9 percent. The District of Columbia and Nevada had the highest unemployment rates, 5.7 percent each. Twenty-four states and the District had jobless rate increases from a year earlier, 6 states had decreases, and 20 states had little change.

The national unemployment rate was unchanged over the month at 4.1 percent but was 0.3 percentage point higher than in October 2023. Nonfarm payroll employment decreased in 2 states and was essentially unchanged in 48 states and the District of Columbia in October 2024.

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 (+274,600), California (+212,100), and New York (+133,600). The largest percentage increase occurred in Idaho (+3.1 percent), followed by Missouri and South Carolina (+2.7 percent each)

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):
October 2024

U.S. – 4.1%

Illinois – 5.3%

Indiana – 4.4%

Kentucky – 5%

Michigan – 4.7%

Ohio – 4.3%

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

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

#16 – St. Joseph (4.5%)

#18 – Fulton (4.4%)

#23 – Kosciusko (4.3%)

#26 – Elkhart (4.2%)

#33 – Marshall (4%)

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

Unemployment Claims: October 2024


REGION 2

Initial Claims

10/05/24 – 868

10/12/24 – 394

10/19/24 – 363(D)

10/26/24 – 263(D)

Continued Claims

10/05/24 – 2,031

10/12/24 – 2,090

10/19/24 – 1,901

10/26/24 – 1,886

Total Claims

10/05/24 – 2,899

10/12/24 – 2,484

10/19/24 – 2,264

10/26/24 – 2,149

STATE OF INDIANA

Initial Claims

10/05/24 – 5,910

10/12/24 – 3,737

10/19/24 – 3,082

10/26/24 – 3,152

 




Continued Claims

10/05/24 – 20,932

10/12/24 – 20,745

10/19/24 – 21,386

10/26/24 – 20,802

Total Claims

10/05/24 – 26,842

10/12/24 – 24,482

10/19/24 – 24,468

10/26/24 – 23,954

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

County Unemployment Rates
October 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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