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July 2010 Indiana Employment Report

August 24, 2010
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Indiana’s total private sector employment increased by 13,000 jobs in July with five of the eight major employment sectors showing significant gains. Indiana’s private sector has grown by 55,500 jobs (2.4 percent) in 2010, four times faster than the national rate. U.S. private sector job growth this year stands at 630,000 (0.6 percent). Despite the job gains, the state’s preliminary seasonally-adjusted unemployment rate increased slightly (0.1 percent) to 10.2 percent.

“With two percent of the population Hoosiers have captured nine percent of all new jobs in the nation,” said Mark W. Everson, Commissioner of the Indiana Department of Workforce Development. “We’re pleased with the continued improvement in manufacturing and signs of life in construction. Our unemployment rate stubbornly remains around ten percent because Indiana’s positive job growth has encouraged thousands of Hoosiers to return to the labor force and resume their job hunt this year.”

Indiana sectors reporting significant over-the-month employment increases include: Private Education and Health Services (4,600), Manufacturing (4,300), Construction (2,800), Financial Activities (1,600) and Trade, Transportation and Utilities (1,100).  Declining sectors include Professional and Business Services (-800) and Leisure and Hospitality (-500). Government employment declined 4,300 mostly due to the end of Census work.  This resulted in total non-farm employment increasing 8,700 for July.

Locally Marshall County sits as the thirty-third highest county in the state with an unemployment rate of 10.7 while Fulton County is 43rd with a rate of 10.2 and Kosciusko is 65th with a rate of 9.2.  Other counties near us include LaPorte at 19 with a rate of 11.4, Starke County a 9 with a rate of 12.2 immediately behind Saint Joseph County who is 8th with a rate of 12.3 and Elkhart at number 2 with a rate of 13.9.   

The chart below shows the unemployment rates for the U.S., Indiana and surrounding states.

  July 2009 June 2010 July 2010 Monthly Change Yearly Change
Indiana 10.4% 10.1% 10.2% 0.1% -0.2%
U.S. 9.4% 9.5% 9.5% n/c 0.1%
Illinois 10.5% 10.4% 10.3% -0.1% -0.2%
Kentucky 10.8% 10.0% 9.9% -0.1% -0.9%
Ohio 10.6% 10.5% 10.3% -0.2% -0.3%
Michigan 14.2% 13.2% 13.1% -0.1% -1.1%

 

 

 
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