Unemployment numbers drop across Region
Unemployment rates fell in Northwest Indiana, according to the latest numbers from the Indiana Department of Workforce Development.
Unemployment rates fell in Northwest Indiana, according to the latest numbers from the Indiana Department of Workforce Development.
Lake County had the highest unemployment rate for June in the state, according to the Indiana Department of Workforce Development.
Indiana’s jobless rate fell from 4% in September to 3.5% in October.
Indiana’s jobless rate continued showing signs of improvement as more people returned to work following weeks off from pandemic-related shutdowns and reduced operations.
Ball State University economist Michael Hicks said the latest federal jobs report showing an increase of 1.4 million jobs during August indicates the economic recovery is slowing.
Initiatives by government, private businesses and a host of organizations to slow the spread of the coronavirus is expected to create a recession as mass layoffs cause unemployment to exceed 10.5% nationally and 10% in Indiana within 45 days, according to a report from Ball State University.
The Indiana Department of Workforce Development said in its review of state unemployment data for the past year said Indiana employment peaked in June with 2,750,700 Hoosiers working in the private sector.
Jobless rates in some parts of Indiana rose in November when compared to the same month a year ago and fell in others.
Indiana’s maintains 3.6 percent jobless rate for third straight month.
Unemployment rates across metro areas in Northwest and North Central Indiana fell in April.