Indiana Labor Market Review
January Data - March Reporting
A RESOURCE PROVIDED FOR EMPLOYERS IN THE GREATER MICHIANA AREA
Economic Growth Region 2
Statistical Data Report for January 2023, Released March 2023
State Unemployment and Unemployment
Unemployment rates were lower in January in 5 states, higher in 2 states and the District of Columbia, and stable in 43 states, the U.S. Bureau of Labor Statistics reported. North Dakota and South Dakota had the lowest jobless rates in January, 2.1 percent each. The next lowest rates were in Utah, 2.4 percent, and Montana and Nebraska, 2.5 percent each. Nevada had the highest unemployment rate, 5.5 percent. Fifteen states and the District had jobless rate decreases from a year earlier, 11 states had increases, and 24 states had little change. The national unemployment rate, 3.4 percent, was little changed over the month, but was 0.6 percentage point lower than in January 2022.
Nonfarm payroll employment increased in 20 states and was essentially unchanged in 30 states and the District of Columbia in January 2023. . The largest job gains occurred in California (+96,700), Texas (+48,600), and Florida (+30,000). The largest percentage increases occurred in Arizona and Tennessee (+0.7 percent each), followed by Kansas, New Hampshire, New Jersey, and New Mexico (+0.6 percent each).
Over the year, nonfarm payroll employment increased in 47 states and was essentially unchanged in 3 states and the District.
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:03/23 | 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):
January 2023
U.S. – 3.6%
Illinois – 4.5%
Indiana – 3.1%
Kentucky – 3.9%
Michigan – 4.3%
Ohio – 4.0%
Unemployment Rank by County (of 92 Counties):
January 2023
#4 – Elkhart (4.9%)
#12 – Kosciusko (4.2%)
#13 – Fulton (3.9%)
#18 – Marshall (3.9%)
#19 – St. Joseph (3.9%)
*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
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:
Source: Indiana Dept of Workforce Development, Research and Analysis, Current Employment Statistics
Unemployment Claims:
January 2023
REGION 2
Initial Claims
01/07/23 – 990
01/14/23 – 757
01/21/23 – 530
01/28/23 – 501(D)
Continued Claims
01/07/23 – 4,132
01/14/23 – 3,847
01/21/23 – 3,801
01/28/23 – 4,507
Total Claims
01/07/23 – 5,122
01/14/23 – 4,604
01/21/23 – 4,331
01/28/23 – 5,008
State of Indiana
Initial Claims
01/07/23 – 6,934
01/14/23 – 5,469
01/21/23 – 4,216
01/28/23 – 4,225
Continued Claims
01/07/23 – 34,266
01/14/23 – 31,699
01/21/23 – 32,137
01/28/23 – 32,407
Total Claims
01/07/23 – 41,200
01/14/23 – 37,168
01/21/23 – 36,353
01/28/23 – 36,632
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.
County Unemployment Rates
January 2023
Indiana Non-Seasonally Adjusted Rate: 2.4%
Indiana Seasonally Adjusted Rate: 3.1%
Source: DWD, Local Area Unemployment Statistics
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