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Indiana Labor Market Review – October 2023

October 26, 2023

Specialized Staffing

August Data - October Reporting

Economic Growth Region 2

Statistical Data Report for August 2023, Released October 2023

State Unemployment and Unemployment

Unemployment rates were higher in August in 10 states, lower in 2 states, and stable in 38 states and the District of Columbia, the U.S. Bureau of Labor Statistics reported. Twenty-five states had jobless rate decreases from a year earlier, 9 states and the District had increases, and 16 states had little change. The national unemployment rate, 3.8 percent, rose by 0.3 percentage point over the month but was little changed from August 2022.

Nonfarm payroll employment increased in 5 states, decreased in 3 states, and was essentially unchanged in 42 states and the District of Columbia in August 2023. The largest job gains occurred in North Carolina (+17,500), Massachusetts (+15,400), and Maryland (+12,400). The largest percentage increases occurred in Montana (+0.7 percent), Nevada (+0.6 percent), and Maryland (+0.5 percent). Job losses occurred in Missouri (-13,700, or -0.5 percent), Mississippi (-6,400, or -0.5 percent), and Hawaii (-4,800, or -0.8 percent).

Over the year, nonfarm payroll employment increased in 32 states and was essentially unchanged in 18 states and the District. The largest job gains occurred in Texas (+402,000), California (+335,200), and Florida (+270,300). The largest percentage increases occurred in Nevada (+3.9 percent), Texas (+3.0 percent), and Florida (+2.8 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 Rates by State (seasonally adjusted):
August 2023

U.S. – 3.8%

Illinois – 4.1%

Indiana – 3.4%

Kentucky – 4%

Michigan – 3.7%

Ohio – 3.4%

Unemployment Rank by County (of 92 Counties):
August 2023

#5 – St. Joseph (4.6%)

#8 – Elkhart (4.4%)

#25 – Kosciusko (3.8%)

#27 – Marshall (3.8%)

#41 – Fulton (3.5%)

Unemployment Claims:
August 2023

*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

There are no WARN Notices for August 2023 for Region 2.

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

REGION 2

Initial Claims

08/05/23 – 377(D)

08/12/23 – 375(D)

08/19/23 – 263(D)

08/26/23 – 260(D)

 

Continued Claims

08/05/23 – 660

08/12/23 – 458

08/19/23 – 2,193

08/26/23 – 2,026

 

Total Claims

08/05/23 – 1,037

08/12/23 – 833

08/19/23 – 2,456

08/26/23 – 2,286

STATE OF INDIANA

Initial Claims

08/05/23 – 3,478

08/12/23 – 3,216

08/19/23 – 2,731

08/26/23 – 2,603

 

Continued Claims

08/05/23 – 20,709

08/12/23 – 20,384

08/19/23 – 20,398

08/26/23 – 19,395

 

Total Claims

08/05/23 – 24,187

08/12/23 – 23,600

08/19/23 – 23,129

08/26/23 – 21,998

D) Indicates one or more counties are excluded due to non-disclosure issues
Source: Indiana Department of Workforce Development, Research and Analysis

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.

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.

Indiana

County Unemployment Rates
August 2023

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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