Economic Growth Region 2
Statistical Data Report for May 2024, Released July 2024
State Employment and Unemployment
Unemployment rates were lower in May in 4 states, higher in 3 states, and stable in 43 states and the District of Columbia, the U.S. Bureau of Labor Statistics reported. Thirty-three states and the District had jobless rate increases from a year earlier, 2 states had decreases, and 15 states had little change. The national unemployment rate changed little at 4.0 percent but was 0.3 percentage point higher than in May 2023.
Nonfarm payroll employment increased in 7 states and the District of Columbia and was essentially unchanged in 43 states in May 2024. The largest job gains occurred in California (+43,700), Texas (+41,800), and Ohio (+21,200). The largest percentage increases occurred in Idaho (+0.9 percent) and the District of Columbia (+0.6 percent), followed by New Jersey, Ohio, and Washington (+0.4 percent each). Over the year, nonfarm payroll employment increased in 30 states and was essentially unchanged in 20 states and the District. The largest job gains occurred in Texas (+316,700), Florida (+222,200), and California (+207,700). The largest percentage increases occurred in Alaska and South Carolina (+3.5 percent each), followed by Nevada (+3.3 percent).
Source: Indiana Department of Workforce Development, Research & Analysis, Local Area Unemployment Statistics | Unemployment Statistics Released:06/24 | 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):
May 2024
U.S. – 4%
Illinois – 4.9%
Indiana – 3.7%
Kentucky – 4.6%
Michigan – 3.9%
Ohio – 4.2%
Source: U.S. Department of Labor, Bureau of Labor Statistics
Unemployment Rank by County
(of 92 Counties): May 2024
#14 – St. Joseph (4.4%)
#29 – Elkhart (4.1%)
#30 – Fulton (4.1%)
#31 – Kosciusko (4.1%)
#36 – Marshall (3.9%)
Source: Indiana Department of Workforce Development, Research and Development, Local Area Unemployment Statistics
Unemployment Claims: May 2024
REGION 2
Initial Claims
05/04/24 – 245
05/11/24 – 214(D)
05/18/24 – 230(D)
05/25/24 – 206(D)
Continued Claims
05/04/24 – 1,948
05/11/24 – 1,846
05/18/24 – 1,781
05/25/24 – 1,738
Total Claims
05/04/24 – 2,193
05/11/24 – 2,060
05/18/24 – 2,011
05/25/24 – 1,944
STATE OF INDIANA
Initial Claims
05/04/24 – 4,711
05/11/24 – 3,632
05/18/24 – 2,527
05/25/24 – 2,595
Continued Claims
05/04/24 – 22,119
05/11/24 – 20,140
05/18/24 – 19,458
05/25/24 – 19,395
Total Claims
05/04/24 – 26,830
05/11/24 – 23,772
05/18/24 – 21,985
05/25/24 – 21,990
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:
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
May 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.census.gov/economic-indicators/ Visited 5/22/2024
County Unemployment Rates
May 2024
Questions?
Please contact the DWD Representative below:
Kathy Jaworski
Regional Labor Analyst
Research and Analysis
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