March Data - May Reporting
Economic Growth Region 2
Statistical Data Report for March 2023, Released May 2023
State Unemployment and Unemployment
Unemployment rates were lower in March in 18 states, higher in the District of Columbia, and stable in 32 states, the U.S. Bureau of Labor Statistics reported. South Dakota had the lowest jobless rate in March, 1.9 percent. The next lowest rates were in Nebraska and North Dakota, 2.1 percent each. The rates in Alabama (2.3 percent), Arkansas (3.0 percent), Maryland (2.7 percent), Mississippi (3.5 percent), Montana (2.3 percent), West Virginia (3.4 percent), and Wisconsin (2.5 percent) set new series lows. (All state series begin in 1976.)
Eleven states and the District had jobless rate decreases from a year earlier, 10 states had increases, and 29 states had little change. The national unemployment rate, 3.5 percent, changed little both over the month and over the year.
Nonfarm payroll employment increased in 2 states and was essentially unchanged in 48 states and the District of Columbia in March 2023. Over the year, nonfarm payroll employment increased in 42 states and was essentially unchanged in 8 states and the District. The largest job increases occurred in Texas (+575,100), California (+432,100), and Florida (+413,000). The largest percentage increase occurred in Nevada (+5.0 percent), followed by Florida (+4.5 percent) and Texas (+4.3 percent).
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:04/23 | 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):
March 2023
U.S. – 3.6%
Illinois – 4.4%
Indiana – 3.1%
Kentucky – 3.8%
Michigan – 4.1%
Ohio – 3.8%
Unemployment Rank by County (of 92 Counties):
March 2023
#18 – Fulton (4%)
#20 – St. Joseph (4%)
#30 – Elkhart (3.7%)
#35 – Marshall (3.6%)
*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:
March 2023
REGION 2
Initial Claims
03/04/23 – 297(D)
03/11/23 – 363(D)
03/18/23 – 429
03/25/23 – 303
Continued Claims
03/04/23 – 2,975
03/11/23 – 2,419
03/18/23 – 2,136
03/25/23 – 2,067
Total Claims
03/04/23 – 3,272
03/11/23 – 2,782
03/18/23 – 2,565
03/25/23 – 2,370
STATE OF INDIANA
Initial Claims
03/04/23 – 3,572
03/11/23 – 4,272
03/18/23 – 3,838
03/25/23 – 1,279
Continued Claims
03/04/23 – 26,905
03/11/23 – 25,625
03/18/23 – 24,737
03/25/23 – 23,368
Total Claims
03/04/23 – 30,477
03/11/23 – 29,897
03/18/23 – 28,575
03/25/23 – 24,647
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
March 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