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Marshall County’s Unemployment Rate in May 8.0

June 19, 2012
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   06/20/12  Indiana again posted significant private sector job gains adding 7,700 new jobs in May. This marks the seventh consecutive month of job growth and the best December to May period in over a decade. The Hoosier state accounted for almost 10 percent of the total US increase. For 2012, Indiana’s private sector gains (1.6 percent) have doubled that of the nation (0.8 percent). Since July 2009, the low point of employment in Indiana, private sector job growth in the Hoosier state has nearly doubled the national rate (6.1 percent versus 3.2 percent).

“Indiana continues to be a leader in job growth,” said Scott B. Sanders, Commissioner of the Department of Workforce Development. “Since the beginning of the year, the state has added 38,700 total private sector jobs led by 12,200 in manufacturing.”

Indiana’s unemployment rate remained steady at 7.9 percent, 0.3 percent below the national rate of 8.2 percent. For the second month in a row Indiana’s rate was below the national average.

A preliminary look of counties in the state show Marshall County’s rate was 8.0 or 40th out of the 92 counties.  Other rates for nearby counties include: Starke County who is ranked 8th with a rate of 9.6, Saint Joseph County is 21st with a rate of 8.9 while Elkhart County is 27th in the state with a rate of 8.6.  Fulton County’s May unemployment rate was 7.9 ranking them 49th in the state with Kosciusko coming in at number 66 with a rate of 6.9.

Sectors showing significant gains in May include: Trade, Transportation and Utilities (4,200), Private Educational and Health Services (4,100), and Professional and Business Services (1,100). Leisure and Hospitality declined over the month (-1,000.) Total non-farm employment increased in May (9,400).

Midwest Employment Picture

 

May 2011

April 2012

May  2012

Monthly Change

Indiana

8.9%

7.9%

7.9%

0.0%

U.S.

9.0%

8.1%

8.2%

 0.1%

Illinois

9.7%

8.7%

8.6%

-0.1%

Kentucky

9.6%

8.3%

8.2%

-0.1%

Michigan

10.6%

8.3%

8.5%

0.2%

Ohio

8.8%

7.4%

7.3%

-0.1%

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