Indiana’s unemployment rate remains at 3.6 percent for May, and the national rate also stands at 3.6 percent. The monthly unemployment rate is a U.S. Bureau of Labor Statistics (BLS) indicator that reflects the number of unemployed people seeking employment within the prior four weeks as a percentage of the labor force.
Marshall County’s unemployment rate for May 2019 was 2.8 ranking us 48th of the 92 counties. Looking back, in April it was 2.3, March saw a rate of 3.2 and February was 4.1. Looking even further back the 2018 rate was 3.0; 2017 was 2.3; 2016 was 3.6 and 2015 was 4.1.
Taking a looking at the counties surrounding Marshall you will find LaPorte 5th on the list of counties with a rate of 3.7 an improvement from their April rate of 4.1.
Starke County is close behind LaPorte with a rate of 3.5 a slight decrease from their April rate of 3.7. They also had a March rate of 5.4 and a February rate of 5.8.
Saint Joseph County is 23rd on the list with a rate of 3.2.
Elkhart County has moved up to 63rd of the 92 counties with a rate of 2.6 for May. They are followed by Fulton County who is 64th with a 2.6 rate too. Fulton County had an April rate of 2.7, a March rate of 4.3 and a February rate of 4.1.
Kosciusko County is 78th with a rate of 2.4. The last three months they have had rates of 2.3 in April, 3.0 in March and 3.2 in February.
Indiana’s labor force had a net decrease of 10,677 over the previous month. This was a result of a decrease of 2,312 unemployed residents and a decrease of 8,365 employed residents. Indiana's total labor force, which includes both Hoosiers employed and those seeking employment, stands at 3.40 million, and the state’s 65.0 percent labor force participation rate remains above the national rate of 62.8 percent.