Chesterton Tribune

 

 

Jobless rate increases in the state, in the region and here

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By KEVIN NEVERS

Despite significant private sector hiring gains, the unemployment rate in Indiana rose in June to 5.9 percent, from 5.7 percent in May, mainly due to the re-entry of 4,000 persons into the labor force to look for work, the Indiana Department of Workforce Development said.

Indiana’s labor force participation rate remained at 63.3 percent, exceeding the national rate for the third month in a row. And initial claims and continued claims for unemployment insurance benefits remain at levels not seen since 2000, DWD said.

Sectors showing gains in June include leisure and hospitality (+3,200); construction (+2,700); trade, transportation, and utilities (+2,300); and manufacturing (+2,200).

Sectors showing losses were professional and business services (-300); and financial activities (-100).

Total non-farm employment increased in June (+17,400).

Regionally, Locally

In Porter County the seasonally unadjusted jobless rate in June rose to 6.6 percent, from 6.4 percent in May (7.6 percent in June 2013). Throughout Porter County 5,619 people were looking for work in June, an increase of 3.5 percent over May (a decrease of 12.6 percent since June 2013).

In Lake County the unemployment rate in June increased to 8.1 percent, from 7.9 percent in May (9.4 percent in June 2013). In LaPorte County the unemployment rate in June rose to 7.5 percent, from 7.4 percent in May (9.4 percent in June 2013).

In Chesterton the unemployment rate in June increased to 6.0 percent, from 5.8 percent in May (7.0 percent in June 2013). A total of 420 people was looking for work in June, an increase of 4.2 percent over May (a decrease of 15.0 percent since June 2013).

In Valparaiso the unemployment rate in June rose by nearly half a point, to 5.8 percent from 5.4 percent in May (7.1 percent in June 2013). A total of 959 people was looking for work in June, an increase of 9.1 percent over May (a decrease of 18 percent since June 2013).

In Portage the unemployment rate in June dipped to 7.9 percent, from 8.1 percent in May (8.7 percent in June 2013). A total of 1,456 people was looking for work in June, a decrease of 1.5 percent from May (a decrease of 8.5 percent since June 2013).

Unemployment rates elsewhere in May:

* In Gary the rate rose by nearly half a point, to 11.2 percent from 10.8 percent in May (13.5 percent in June 2013).

* In East Chicago the rate increased to 11.4 percent, from 11.1 percent in May (12.3 percent in June 2013).

* In Hammond the rate rose by fully half a point, to 8.6 percent from 8.1 percent in May (10.4 percent in June 2013).

* In Michigan City the rate increased to 10.5 percent, from 10.3 percent in May (10.9 percent in June 2013).

Alternative Measures

The official national unemployment rate in June fell to 6.1 percent, from 6.3 percent in May (7.8 percent in June 2013).

However--according to the U.S. Bureau of Labor Statistics--if “discouraged workers.” all other “marginally attached workers,” and “total unemployed part-time for economic reasons” are included in the tally, the unofficial unemployment rate in June was 12.1 percent down from 12. 2 percent in May (14.6 percent in June 2013).

“Marginally attached workers” are those “who indicate that they want a job, have looked for work in the last 12 months (or since the last time they worked, if they worked in the last 12 months), and are available for work.”

“Discouraged workers” are not currently looking for work for several reasons, including their belief that no job is available to them in their line or in their area.

Persons employed “part-time for economic reasons” are those “who want and are available for full-time work but have had to settle for a part-time schedule.”

 

 

 

Posted 7/21/2014