Economic Growth Region 2
Statistical Data Report for March 2024, Released May 2024
State Unemployment and Unemployment
Unemployment rates were lower in March in 6 states, higher in 1 state, and stable in 43 states and the District of Columbia, the U.S. Bureau of Labor Statistics reported. Twenty-nine states had jobless rate increases from a year earlier, 1 state had a decrease, and 20 states and the District had little change. North Dakota had the lowest jobless rate in March, 2.0 percent, closely followed by South Dakota, 2.1 percent, and Vermont, 2.2 percent. The rate in Mississippi, 3.0 percent, set a new series low. (All state series begin in 1976.) California had the highest unemployment rate, 5.3 percent, closely followed by the District of Columbia, 5.2 percent. The national unemployment rate changed little at 3.8 percent but was 0.3 percentage point higher than in March 2023. Nonfarm payroll employment increased in 5 states and was essentially unchanged in 45 states and the District of Columbia in March 2024. Job gains occurred in Virginia (+16,500, or +0.4 percent), Georgia (+16,200, or +0.3 percent), Kentucky (+9,400, or +0.5 percent), Arkansas (+6,500, or +0.5 percent), and Kansas (+6,400, or +0.4 percent). Over the year, nonfarm payroll employment increased in 31 states and was essentially unchanged in 19 states and the District. The largest job gains occurred in Texas (+270,700), California (+217,700), and Florida (+211,100). The largest percentage increases occurred in Idaho (+3.7 percent), Nevada (+3.4 percent), and
Alaska (+3.2 percent).
Source: Indiana Department of Workforce Development, Research & Analysis, Local Area Unemployment Statistics | Unemployment Statistics Released:04/24 | 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):
March 2024
U.S. – 3.8%
Illinois – 4.8%
Indiana – 3.5%
Kentucky – 4.5%
Michigan – 3.9%
Ohio – 3.8%
Source: U.S. Department of Labor, Bureau of Labor Statistics
Unemployment Rank by County
(of 92 Counties): March 2024
#10 – Fulton (4.9%)
#16 – St. Joseph (4.7%)
#23 – Elkhart (4.4%)
#29 – Kosciusko (4.3%)
#36 – Marshall (4.2%)
Source: Indiana Department of Workforce Development, Research and Development, Local Area Unemployment Statistics
Unemployment Claims: March 2024
REGION 2
Initial Claims
03/02/24 – 218(D)
03/09/24 – 256(D)
03/16/24 – 260(D)
03/23/24 – 302(D)
03/30/24 – 229(D)
Continued Claims
03/02/24 – 2,447
03/09/24 – 2,211
03/16/24 – 2,182
03/23/24 – 2,100
03/30/24 – 2,047
Total Claims
03/02/24 – 2,665
03/09/24 – 2,467
03/16/24 – 2,442
03/23/24 – 2,402
03/30/24 – 2,276
STATE OF INDIANA
Initial Claims
03/02/24 – 2,451
03/09/24 – 2,878
03/16/24 – 2,450
03/23/24 – 3,137
03/30/24 – 2,791
Continued Claims
03/02/24 – 26,237
03/09/24 – 24,399
03/16/24 – 23,862
03/16/24 – 23,862
03/30/24 – 23,975
Total Claims
03/02/24 – 28,688
03/09/24 – 27,277
03/16/24 – 26,312
03/23/24 – 27,125
03/30/24 – 26,766
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
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 4/24/2024
County Unemployment Rates
March 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