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Indiana Labor Market Review – July 2023

July 14, 2023

Specialized Staffing

May Data - July Reporting

Economic Growth Region 2

Statistical Data Report for May 2023, Released July 2023

State Unemployment and Unemployment

Unemployment rates were lower in May in 11 states and stable in 39 states and the District of Columbia, the U.S. Bureau of Labor Statistics reported. Seventeen states had jobless rate decreases from a year earlier, the largest of which was in Massachusetts (-0.9 percentage point). Eight states and the District of Columbia had rate increases from May 2022, the largest of which were in California, Minnesota, and the District (+0.5 percentage point each). The national unemployment rate rose by 0.3 percentage point over the month to 3.7 percent but was little changed from May 2022.

 

Nonfarm payroll employment increased in 5 states and was essentially unchanged in 45 states and the District of Columbia in May 2023. The largest job gains occurred in Texas (+51,000), California (+47,300), and New York (+30,400). The largest percentage increase occurred in Utah (+0.5 percent), followed by Texas (+0.4 percent) and California, Michigan, and New York (+0.3 percent each).

Over the year, nonfarm payroll employment increased in 42 states and was essentially unchanged in 8 states and the District of Columbia. The largest job increases occurred in Texas (+529,800), California (+427,500), and Florida (+346,600). The largest percentage increase occurred in Texas (+4.0 percent), followed by Florida and Nevada (+3.7 percent each).

Economic Growth Region (EGR) 2

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

Source: Indiana Department of Workforce Development, Research & Analysis, Local Area Unemployment Statistics | Unemployment Statistics Released:06/23 | 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.

Unemployment Rates by State (Seasonally Adjusted):
May 2023

U.S. – 3.7%

Illinois – 4.1%

Indiana – 3.1%

Kentucky – 3.8%

Michigan – 3.7%

Ohio – 3.6%

Unemployment Rank by County (of 92 Counties):
May 2023

#12 – St. Joseph (4%)

#26 – Elkhart (3.7%)

#31 – Fulton (3.6%)

#32 – Marshall (3.6%)

#46 – Kosciusko (3.4%)

Unemployment Claims:
May 2023

*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

There are no WARN Notices for May 2023 for Region 2.

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

REGION 2

Initial Claims

05/06/23 – 332(D)

05/13/23 – 269(D)

05/20/23 – 275(D)

05/27/23 – 371

 

Continued Claims

05/06/23 – 1,777

05/13/23 – 1,800

05/20/23 – 1,940

05/27/23 – 2,101

 

Total Claims

05/06/23 – 2,109

05/13/23 – 2,069

05/20/23 – 2,215

05/27/23 – 2,472

STATE OF INDIANA

Initial Claims

05/06/23 – 3,568

05/13/23 – 2,915

05/20/23 – 2,837

05/27/23 – 2,940

 

Continued Claims

05/06/23 – 19,757

05/13/23 – 19,441

05/20/23 – 19,842

05/27/23 – 19,628

 

Total Claims

05/06/23 – 23,325

05/13/23 – 22,356

05/20/23 – 22,679

05/27/23 – 22,568

D) Indicates one or more counties are excluded due to non-disclosure issues
Source: Indiana Department of Workforce Development, Research and Analysis

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.

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.

Indiana

Foreign-born workers were a record high 18.1 percent of the U.S. civilian labor force in 2022

In 2022, foreign-born workers accounted for a record high 18.1 percent of the U.S. civilian labor force, up

from 17.4 percent in 2021. The share of foreign born has followed an upward trend since collection of these data began in 1996.

The number of foreign born in the labor force grew from 28.0 million to 29.8 million in 2022, an increase of 6.3 percent. This was the second year of labor force growth for the foreign born following a sharp decline reflecting the effects of the COVID-19 pandemic in 2020. By comparison, the native-born labor force rose from 133.2 million to 134.5 million in 2022, an increase of just 1.0 percent.

Men accounted for 57.2 percent of the foreign-born labor force in 2022, compared with 52.3 percent of the native-born labor force. Nearly half (47.6 percent) of the foreign-born labor force was Hispanic or Latino, 24.7 percent was Asian, 16.0 percent was White, and 10.4 percent was Black. The native-born labor force was 69.9 percent White, 12.4 percent Black, 12.2 percent Hispanic or Latino, and 2.4 percent Asian.

In 2022, foreign-born men were considerably more likely to be labor force participants (77.4 percent) than were their native-born counterparts (66.0 percent). In contrast, 55.0 percent of foreign-born women were labor force participants, lower than the rate of 57.2 percent for native-born women.

 

County Unemployment Rates
May 2023

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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