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August 2010 Indiana Employment Report

September 21, 2010
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09/22/10 Indiana added 3,000 private sector jobs in August. Total private sector employment has grown by 54,700 jobs (2.4 percent) in 2010. U.S. private sector job growth this year stands at 763,000 (0.7 percent). Indiana’s preliminary seasonally-adjusted unemployment rate remained flat at 10.2 percent. The U.S. unemployment rate increased (0.1 percent) to 9.6 percent.

“Indiana is adding private sector jobs three-and-a-half times faster than the U.S. as a whole. Combined with new unemployment claims declining to levels not seen since 2007, we expect to see a drop in our unemployment rate in the coming months,” said Mark W. Everson, Commissioner of the Indiana Department of Workforce Development.

Locally Marshall County was ranked 39th last month with a rate of 10.3.  Other counties include Elkhart who is second with a rate of 13.4, Starke County sitting at 8th with a rate of 11.7, Saint Jospeh County is 13th with a rate of 11.4, Fulton County is 48th with a rate at 9.8 and Kosciusko at 66th with a rate of 9.1.

August showed strong gains in healthcare and temporary hiring, which often precedes permanent jobs.

Sectors reporting significant employment gains include: Professional and Business Services (5,100), Private Education and Health (3,400) and Leisure and Hospitality (500). Declines in Manufacturing (-4,100) and Government (-9,400) are considered seasonally-adjusted anomalies due to the timing of the automotive sector’s traditional summer shutdown and when school resumed. Trade, Transportation and Utilities (-1,200) and Construction (-900) also reported a slight decline. Total non-farm employment decreased (-6,400).

Midwest Employment Picture

Indiana and its neighbors, except Michigan, report statistically even unemployment rates.

August 2009 July 2010 August 2010 Monthly Change
Indiana 10.3% 10.2% 10.2% n/c
U.S. 9.7% 9.5% 9.6% 0.1%
Illinois 10.6% 10.3% 10.1% -0.2%
Kentucky 10.8% 9.9% 10.0% 0.1%
Ohio 10.7% 10.3% 10.1% -0.2%
Michigan 14.3% 13.1% 13.1% n/c
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