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Indiana Labor Market Review – June 2024

June 21, 2024

Specialized Staffing

Economic Growth Region 2

Statistical Data Report for April 2024, Released June 2024

State Employment and Unemployment

Unemployment rates were lower in April in 5 states, higher in 2 states, and stable in 43 states and the District of Columbia, the U.S. Bureau of Labor Statistics reported. Thirty states had jobless rate increases from a year earlier, 1 state had a decrease, and 19 states and the District had little change. The national unemployment rate changed little at 3.9 percent but was 0.5 percentage point higher than in April 2023. Nonfarm payroll employment increased in 6 states and was essentially unchanged in 44 states and the District of Columbia in April 2024. The largest job gains occurred in Florida (+45,300), Texas (+42,600), and Missouri (+16,700). The largest percentage increases occurred in Missouri (+0.6 percent), Florida (+0.5 percent), and Alabama (+0.4 percent).

Over the year, nonfarm payroll employment increased in 31 states and was essentially unchanged in 19 states and the District of Columbia. The largest job gains occurred in Texas (+306,000), Florida (+240,500), and California (+206,500). The largest percentage increases occurred in Nevada and South Carolina (+3.4 percent each), followed by Alaska (+3.0 percent).

Source: Indiana Department of Workforce Development, Research & Analysis, Local Area Unemployment Statistics | Unemployment Statistics Released:05/24 | 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):
April 2024

U.S. – 3.9%

Illinois – 4.8%

Indiana – 3.6%

Kentucky – 4.6%

Michigan – 3.9%

Ohio – 4%

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

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

#12 – St. Joseph (4%)

 

#17 – Elkhart (3.8%)

 

#18 – Kosciusko (3.8%)

 

#21 – Fulton (3.7%)

#38 – Marshall (3.4%)

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

Unemployment Claims: April 2024


REGION 2

Initial Claims

04/06/24 – 284(D)

04/13/24 – 314(D)

04/20/24 – 206(D)

04/27/24 – 214(D)

Continued Claims

04/06/24 – 2,360

04/13/24 – 2,111

04/20/24 – 2,000

04/27/24 – 1,968

Total Claims

04/06/24 – 2,644

04/13/24 – 2,425

04/20/24 – 2,206

04/27/24 – 2,182

STATE OF INDIANA

Initial Claims

04/06/24 – 2,643

04/13/24 – 3,083

04/20/24 – 2,453

04/27/24 – 2,344

Continued Claims

04/06/24 – 23,195

04/13/24 – 21,745

04/20/24 – 20,331

04/27/24 – 19,795

 Total Claims

04/06/24 – 25,838

04/13/24 – 24,828

04/20/24 – 22,784

04/27/24 – 22,139

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

Census Bureau Index of Economic Activity

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
March 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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