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> City unemployment down to 12.1 from 12.6%
Southsider2k12
post Jun 24 2009, 10:31 AM
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http://www.chestertontribune.com/Business/..._6_in_state.htm

QUOTE


By KEVIN NEVERS

After statewide, regional, and local dips in unemployment in April, the rate rose again in May, as had been predicted by the Indiana Department of Workforce Development (DWD).

On Friday the DWD released the unemployment report for May, when Indiana’s preliminary seasonally-adjusted rate rose to 10.6 percent from 9.9 percent in April. The national seasonally-adusted rate in May was 9.4 percent.

“As expected, extended furloughs and layoffs in the U.S. auto industry greatly affected Indiana’s employment picture in May,” said DWD Commissioner Teresa Voors. “Indiana may see the ripple effect over the next few months as suppliers, dealerships, and other service providers adjust to the new business models of the domestic auto companies.”

Indiana’s 10.6 percent unemployment rate in May is still more than two points shy of the 12.8 percent rate posted in November 1982. Only 12 months ago, however, in May 2008, the rate stood at 5.3 percent, exactly half of where it is now.

Illinois reported an unemployment rate of 10.1 percent in May; Michigan, of 14.1 percent; Ohio, 10.8 percent; and Kentucky, 10.6 percent.

Local Unemployment

In Porter County, meanwhile, the pre-seasonally adjusted unemployment rate increased in May to 9.6 percent from 9.0 percent in April (4.2 percent in May 2008). Across Porter County a total of 8,211 people were looking for work in May, compared to 7,501 in April, an increase of 9.5 percent (an increase of 131 percent since May 2008).

In Lake County the unemployment rate in May rose to 10.5 percent, up from 10.3 percent in April (5.4 percent in May 2008); in LaPorte County, to 11.7 percent, up marginally from 11.6 percent in April (5.4 percent in May 2008).

In Chesterton the unemployment rate surged by a full point in May, to 10.5 percent from 9.5 percent in April (4.1 percent in May 2008). A total of 736 people were looking for work in May, compared to 655 in April, an increase of 12. 4 percent (an increase of 165 percent since May 2008).

Data for the towns of Porter and Burns Harbor were not available.

Unemployment also jumped in Valparaiso and Portage last month.

*In Valparaiso the unemployment rate in May rose to 7.9 percent from 7.5 percent in April (4.1 percent in May 2008). A total of 1,246 people were looking for work in May, compared to 1,145 in April, an increase of 8.2 percent (an increase of 93 percent since May 2008).

*In Portage the unemployment rate in May rose to 11.5 percent from 10.7 percent in April (5.1 percent in May 2008). A total of 2,186 people were looking for work in May, compared to 1,983 in April, an increase of 10.4 percent (an increase of 135.5 percent since May 2008).

Elsewhere:

*In Gary the rate rose in May to 11.6 percent from 11.2 percent in April (6.9 percent in May 2008).

*In East Chicago rate stayed pat in May at 13.6 percent, the same as in April (7.7 percent in May 2008).

*In Hammond the rate rose marginally in May to 11.9 percent from 11.8 percent in April (6.3 percent in May 2008).

*In Michigan City the rate actually dipped in May to 12.1 percent from 12.6 percent in April (5.9 percent in May 2008).

*In LaPorte the rate rose slightly in May to 12.6 percent from 12.5 percent in April (5.9 percent in May 2008).

 



Posted 6/22/2009


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