Muncie, Indiana

September 2007 Indiana Employment Report

INDIANAPOLIS, IN - Indiana's seasonally-adjusted unemployment fell in September from 4.9 percent to 4.5 percent and is the lowest in the Midwest, according to the monthly employment report released today by the Indiana Department of Workforce Development.  This is the second time in the last five months that the state's rate has dipped to 4.5 percent, the lowest rates reported since September 2001, when it stood at 4.4 percent.

The state's 4.5 percent unemployment rate also fell below the national rate, which inched up one-tenth of one percent to 4.7 percent.

"The state's unemployment rate is one of many indicators we use to measure our state's economic health.  Our state unemployment rate has remained relatively low in recent months, a sign that more Hoosiers are working and the overall economy is getting stronger," said Teresa Voors, commissioner of the Department of Workforce Development.

Employment Report Highlights (Local Area Unemployment Statistics - LAUS)

Seasonally Adjusted.  According to the monthly LAUS survey, the number of people estimated to be unemployed in Indiana for September was 145,502, down from 156,949 in August and down from 161,507 one year ago. Indiana's unemployment rate was 4.9 percent in September 2006.  

Indiana's seasonally adjusted rate of 4.5 percent was the lowest in the six-state Midwest region. The rates reported for the region were Illinois at 5.1 percent, Kentucky at 6.1 percent, Michigan at 7.5 percent and Ohio at 5.9 percent.

Non-Seasonally Adjusted. On a non-seasonally adjusted basis, Indiana's unemployment rate decreased from 4.8 percent in August to 4.1 percent in September. Nationally, the rate for September decreased from 4.6 percent to 4.5 percent. Other Midwestern states non-seasonally adjusted rates for September were Illinois at 4.8 percent, Kentucky at 5.6 percent, Michigan at 7.0 percent and Ohio at 5.6 percent. The national non-seasonally adjusted rate for September was 4.5 percent.

      Jobs Report Highlights (Current Employment Statistics - CES)

Seasonally adjusted employment fell slightly over the month with most of the loss concentrated in the government sector. Hiring in local government education peaked in August rather than September as expected by the seasonal adjustment model and resulted in a seasonally adjusted loss. Over the year employment is higher by 18,200 jobs with construction and leisure and hospitality showing the largest increases.

The top three supersectors experiencing the greatest growth in jobs in the state over the year are construction, up 2.9 percent, natural resources and mining, up 2.9 percent, and leisure and hospitality, up 2.0 percent.

The top three Metropolitan Statistical Areas (MSA) with the greatest growth in jobs over the year are Columbus, up 3.1 percent, Indianapolis-Carmel, up 1.1 percent, and Michigan City, up 1.1 percent.

The Department recommends looking at these employment trends and data on a long term basis.

Data Links.  Here are links to the data that comprise the monthly employment report:

Employment Report (LAUS)

Jobs Report (CES)

IndIIndiana, National Unemployment Rates - September  2007

 

Seasonally Adjusted

 

September 2007

August 2007

September 2006

Indiana

 

 

 

Labor Force

                      3,207,400

                    3,194,938

                       3,277,418

Employed

                      3,061,898

                    3,037,989

                       3,115,911

Unemployed

 

                         145,502

                      156,949

                          161,507

Rate

 

                                4.5

                             4.9

                                 4.9

U.S. Rate

                                4.7

                             4.6

                                 4.6

 

                                                                                                                                                               

 

Not Seasonally Adjusted

 

September 2007

August 2007

September 2006

Indiana

 

 

 

Labor Force

                       3,204,388

                    3,312,083

                       3,272,016

Employed

                       3,071,978

                    3,057,716

                       3,122,353

Unemployed

 

                          132,410

                       154,367

                          149,633

Rate

 

                                  4.1

                               4.8

                                 4.6

U.S. Rate

                                  4.5

                               4.6

                                 4.4

 

Non-Seasonally Adjusted Employment, by MSA

 

 

 

 

 

Month

 

Year

 

MSA

Sept-07

Aug-07

Sept-06

Change

% Chg

Change

% Chg

Anderson

42,900

42,200

43,600

700

1.70%

-700

-1.60%

Bloomington

84,300

78,700

84,500

5,600

7.10%

-200

-0.20%

Columbus

45,900

45,800

44,500

100

0.20%

1,400

3.10%

Elkhart-Goshen

132,100

131,100

132,800

1,000

0.80%

-700

-0.50%

Evansville

181,700

181,400

181,300

300

  0.20%

400

0.20%

Fort Wayne

220,900

218,900

219,600

2,000

0.90%

1,300

0.60%

Gary

283,700

280,600

282,400

3,100

1.10%

1,300

0.50%

Indianapolis-Carmel

920,100

916,900

910,400

3,200

0.30%

9,700

1.10%

Kokomo

47,800

47,200

48,100

600

1.30%

-300

-0.60%

Lafayette

96,800

92,200

95,600

4,600

5.00%

1,200

1.30%

Michigan City

47,800

47,000

47,300

800

1.70%

500

1.10%

Muncie

54,300

51,700

55,000

2,600

5.00%

-700

-1.30%

South Bend

148,200

144,100

147,700

4,100

2.80%

500

0.30%

Terre Haute

75,400

74,000

75,000

1,400

1.90%

400

0.50%

 

Indiana Seasonally Adjusted Non-Farm Jobs - by Major Industry

 

INDUSTRY TITLE

Sept 2007

Aug 2007

Sept 2006

Over the month change 

Over the   year  change 

Total Nonfarm     

2989.9

3002.2

2971.7

-12.3

18.2

Total Private     

2559.4

2558.3

2546.0

1.1

13.4

Goods Producing   

719.1

719.3

719.0

-0.2

0.1

Service-Providing 

2270.8

2282.9

2252.7

-12.1

18.1

 Natural Res. & Mining

7.2

7.1

7.0

0.1

0.2

 Construction     

154.3

154.0

149.9

0.3

4.4

 Manufacturing    

557.6

558.2

562.1

-0.6

-4.5

 Trade, Transp, & Utilities

589.2

590.0

585.8

-0.8

3.4

 Information      

39.9

40.0

39.9

-0.1

0.0

 Financial Activities

140.4

140.4

139.7

0.0

0.7

 Profess. & Business Svcs

282.6

283.4

281.5

-0.8

1.1

 Educ. & Health Services

389.8

387.7

388.5

2.1

1.3

 Leisure & Hospitality

285.9

285.2

280.2

0.7

5.7

 Other Services   

112.5

112.3

111.4

0.2

1.1

 Government        

430.5

443.9

425.7

-13.4

4.8

The Department of Workforce Development is charged with continually improving the Hoosier workforce by assisting companies to create new jobs and improve employee skills. The agency offers a variety of training and educational grants, partners with Indiana's 26 WorkOne Centers, administers the unemployment insurance system, provides labor market information, assists employers with preparing workers for layoffs and closures and operates a statewide job placement service.

Source: Indiana Department of Workforce Development






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