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Indiana Labor Market Review – October 2024

October 28, 2024

Specialized Staffing

Economic Growth Region 2

Statistical Data Report for August 2024, Released October 2024

State Employment and Unemployment

Unemployment rates were higher in June in 8 states, lower in 1 state, and stable in 41 states and the District of Columbia, the U.S. Bureau of Labor Statistics reported. Thirty-one states and the District had jobless rate increases from a year earlier, 2 states had decreases, and 17 states had little change. The national unemployment rate changed little at 4.1 percent but was 0.5 percentage point higher than in June 2023.

Nonfarm payroll employment increased in 8 states and was essentially unchanged in 42 states and the District of Columbia in June 2024. The largest job gains occurred in North Carolina (+23,100), Massachusetts (+19,000), and Virginia (+15,000). The largest percentage increases occurred in Arkansas, New Hampshire, and New Mexico (+0.6 percent each).

Over the year, nonfarm payroll employment increased in 27 states and was essentially unchanged in 23 states and the District. The largest job gains occurred in Texas (+267,400), California (+223,600), and Florida (+196,900). The largest percentage increases occurred in South Carolina (+3.5 percent), Missouri (+3.2 percent), and Nevada (+3.1 percent).

Source: Indiana Department of Workforce Development, Research & Analysis, Local Area Unemployment Statistics | Unemployment Statistics Released:07/24 | 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):
August 2024

U.S. – 4.2%

Illinois – 5.3%

Indiana – 4.2%

Kentucky – 4.8%

Michigan – 4.5%

Ohio – 4.5%

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

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

#14 – St. Joseph (5.1%)

 

#23 – Elkhart (4.7%)

#20 – Kosciusko (4.8%)

 

#27 – Fulton (4.5%)

#40 – Marshall (4.2%)

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

Unemployment Claims: August 2024


REGION 2

Initial Claims

08/03/24 – 325(D)

08/10/24 – 316(D)

08/17/24 – 459

08/24/24 – 434(D)

08/31/24 – 361

Continued Claims

08/03/24 – 2,025

08/10/24 – 2,113

08/17/24 – 2,057

08/24/24 – 2,004

08/31/24 – 2,291

Total Claims

08/03/24 – 2,350

08/10/24 – 2,429

08/17/24 – 2,516

08/24/24 – 2,438

08/31/24 – 2,652

STATE OF INDIANA

Initial Claims

08/03/24 – 2,751

08/10/24 – 2,831

08/17/24 – 3,685

08/24/24 – 3,880

08/31/24 – 3,084

Continued Claims

08/03/24 – 20,129

08/10/24 – 20,394

08/17/24 – 21,156

08/24/24 – 21,828

08/31/24 – 21,967

Total Claims

08/03/24 – 22,880

08/10/24 – 23,225

08/17/24 – 24,841

08/24/24 – 25,708

08/31/24 – 25,051

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

County Unemployment Rates
August 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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