January 2008 Indiana Employment Report

INDIANAPOLIS, IN - Indiana's unemployment rate remained at 4.5 percent in January, 2008, and is four-tenths of a percentage point below the national 4.9 percent rate, according to the monthly employment report released today by the Indiana 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 employed in Indiana jumped from 3,064,330 in December to 3,078,930 in January, while the number of unemployed increased slightly, rising to 144,056, up from 143,263 in December.  One year ago, the number of unemployed stood at 154,558 and the state's unemployment rate was 4.8 percent.   

The January rates reported for the six-state Midwest region were Illinois at 5.6 percent, Kentucky at 5.2 percent, Michigan at 7.1 percent, Ohio at 5.5 percent and Wisconsin at 4.9 percent.    

Non-Seasonally Adjusted. On a non-seasonally adjusted basis, Indiana's unemployment rate increased from 4.5 percent in December to 5.1 percent in January. Nationally, the rate increased from 4.8 in December to 5.4 percent in January. Other Midwestern states' non-seasonally adjusted rates for January were Illinois at 6.2 percent, Kentucky at 5.9 percent, Michigan at 7.8 percent, Ohio at 6.3 percent and Wisconsin at 5.5 percent.

      Jobs Report Highlights (Current Employment Statistics - CES)

January total non-farm employment in the state was virtually unchanged from December, and is up 12,300 from one year ago, and up 52,500 from January 2005, according to the monthly payroll survey. Total employment was estimated to be 2,994,800.

The top three Metropolitan Statistical Areas (MSA) with the greatest rate of growth in jobs over the year are Elkhart-Goshen, up 2.2 percent, South Bend, up 1.7 percent and Evansville and Indianapolis, both up 1.4 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

      Indiana, National Unemployment Rates - January 2008

Non-Seasonally Adjusted Employment, by MSA

Note: the data for the Anderson, Columbus, Kokomo, and Michigan City MSA's are unofficial/non-BLS area estimates.  BLS funding for these areas was suspended for 2008 but Indiana will continue to estimate. 

Indiana Seasonally Adjusted Non-Farm Jobs - by Major Industry

Midwest States 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: The Indiana Department of Workforce Development

Technorati Tags: News State Business Government Indiana Employment Indiana Unemployment Indianapolis Marion County

• ‹ previous
• 3629 of 3736
• next ›