December 2007 Indiana Employment Report

INDIANAPOLIS, IN  - Indiana's unemployment rate is the lowest in the six-state Midwest region for the eighth consecutive month, according to the monthly employment report released Friday, January 18, 2008 by the Indiana Department of Workforce Development.  The state's unemployment rate decreased from 4.7 percent in November to 4.6 percent in December, and is now four-tenths of a percentage point below the national rate, which is at 5.0 percent.

Governor Mitch Daniels, traveling in Evansville, said Indiana is no more immune to a national downturn than any other state. "But if a slowdown comes, we'll enter it in a much stronger position than other states. Indiana's uniquely strong performance is a tribute to Hoosier workers and all those who have helped build one of the best environments for new jobs," said Daniels.  

Unemployment rose in December in Illinois, Ohio, Michigan and Kentucky, and in 46 of the 50 states and the District of Columbia. 

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 December was 148,431, down from 150,848 in November and down from 158,314 one year ago. Indiana's unemployment rate was 4.8 percent in December 2006. 

The December rates reported for the six-state Midwest region were Illinois at 5.5 percent, Kentucky at 5.7 percent, Michigan at 7.6 percent, Ohio at 6.0 percent and Wisconsin at 5.0 percent.  Of the six states in the region, only Indiana and Wisconsin posted reductions in their monthly rates. 

Non-Seasonally Adjusted.On a non-seasonally adjusted basis, Indiana's unemployment rate of 4.4 percent remained the same as November. Nationally, the rate for December increased from 4.5 percent to 4.8 percent. Other Midwestern states' non-seasonally adjusted rates for November were Illinois at 5.3 percent, Kentucky at 5.4 percent, Michigan at 7.4 percent, Ohio at 5.8 percent and Wisconsin at 4.6 percent.

      Jobs Report Highlights (Current Employment Statistics - CES)

Total non-farm employment in the state declined slightly in December, and is up 5,800 from one year ago, according to the monthly payroll survey. Total employment was estimated to be 2,986,400.

Seasonally adjusted employment declined slightly over the month. The top three supersectors experiencing the greatest growth in jobs in the state over the year are leisure and hospitality, up 1.0 percent, education and health services, up 0.9 percent and other services, up 0.7 percent.

The top three Metropolitan Statistical Areas (MSA) with the greatest rate of growth in jobs over the year are Columbus, up 2.2 percent, Lafayette, up 2.2 percent and Evansville, up 1.2 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)

• Labor Force Estimates for U.S., Indiana, MSAs, Counties, Cities
• Ranking of Indiana Counties by Unemployment Rate
• Indiana County Map with Unemployment Rates

Jobs Report (CES)

• Seasonally-Adjusted Employment Table for Indiana
• Non-Seasonally-Adjusted Employment Table for Indiana

*  Detail Employment Listing - Statewide & MSAs

InIndiana, National Unemployment Rates - December 2007

Non-Seasonally Adjusted Employment, by MSA

Indiana Seasonally Adjusted Non-Farm Jobs - by Major Industry

MidwestStates Unemployment Rate Trend, Seasonally Adjusted

The Indiana 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 35 WorkOne Centers and 50 WorkOne Express 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 Press Release

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