November 2018 Labor Market Review Reported by: Kathy Jaworski

Transcription

1 November 2018 Labor Market Review Reported by: Kathy Jaworski Regional Workforce Analyst Tel: Kathy

2 Economic Growth Region 1 Statistical Data Report for November 2018, Released January 2019 State Employment and Unemployment Unemployment rates were lower in November in 6 states, higher in 2 states, and stable in 42 states and the District of Columbia, the U.S. Bureau of Labor Statistics reported. Eighteen states had jobless rate decreases from a year earlier and 32 states and the District had little or no change. The national unemployment rate remained unchanged from October at 3.7 percent but was 0.4 percentage point lower than in November Nonfarm payroll employment increased in 4 states in November 2018 and was essentially unchanged in 46 states and the District. Area Labor Force Employed Unemployed Nov-18 Oct-18 Nov-17 U.S. 162,665, ,015,000 5,650, % 3.5% 3.9% IN 3,392,369 3,268, , % 3.5% 3.2% Gary Metro Div 342, ,906 15, % 4.6% 4.2% MichCity- LaPorte MSA November 2018 Labor Force Estimates (not seasonally adjusted) 47,394 45,243 2, % 4.3% 3.9% EGR 1 406, ,169 18, % 4.5% 4.1% Lake Co. 232, ,185 11, % 4.9% 4.5% Porter Co. 86,494 83,194 3, % 3.8% 3.5% LaPorte Co. 47,394 45,243 2, % 4.3% 3.9% Newton Co. 6,969 6, % 4.0% 3.9% Jasper Co. 16,449 15, % 3.7% 3.7% Starke Co. 10,313 9, % 4.1% 3.8% Pulaski Co. 6,336 6, % 3.1% 3.1% East Chicago 10,103 9, % 6.4% 6.1% Hammond 35,209 33,265 1, % 5.1% 5.0% Munster 12,005 11, % 3.6% 3.6% Dyer 8,897 8, % 3.7% 3.0% Schererville 16,304 15, % 3.8% 3.4% Crown Point 15,214 14, % 4.3% 3.5% Griffith 8,980 8, % 4.5% 3.7% Highland 12,770 12, % 4.1% 3.8% Gary 27,342 25,344 1, % 7.8% 7.1% Merrillville 17,312 16,306 1, % 5.9% 4.7% Hobart 14,970 14, % 4.4% 4.5% Lake Station 4,969 4, % 7.2% 6.7% Portage 17,967 17, % 4.2% 4.0% Chesterton 6,858 6, % 3.6% 3.3% Valparaiso 16,646 16, % 3.8% 3.5% Michigan City 12,611 11, % 4.8% 4.1% LaPorte 9,533 9, % 4.4% 4.0% Source: Indiana Department of Workforce Development, Research & Analysis, Local Area Unemployment Statistics Unemployment Statistics Released:12/18 Notes: The data displayed are presented as estimates only. The most recent month's data are always preliminary and are revised when the next month's data are released. Economic Growth Region (EGR) 1 Jasper, Lake, LaPorte, Newton, Porter, Pulaski and Starke Counties Unemployment Rates by State (seasonally adjusted): November 2018 U.S % Illinois - 4.2% Indiana - 3.6% Kentucky - 4.5% Michigan - 3.9% Ohio - 4.6% Source: U.S. Department of Labor, Bureau of Labor Statistics Unemployment Rank by County (of 92 counties): November 2018 #4 - Lake (5%) #12 - LaPorte (4.5%) #18 - Starke (4.2%) #22 - Newton (4%) #32 - Porter (3.8%) #36 - Jasper (3.7%) #72 - Pulaski (3.1%) Source: Indiana Department of Workforce Development, Research and Development, Local Area Unemployment Statistics Indiana Department of Workforce Development 2 Labor Market Review EGR 1

3 Statewide Average Weekly Hours & Earnings by Industry for November 2018 Avg. Avg. Earnings Avg. # of hours worked Industry Earnings per hr per week per week Construction $ $1, Manufacturing Durable Goods Fabricated Metal Product Manufacturing Transportation Equipment Manufacturing Non-Durable Goods Retail Trade Financial Activities Health Care and Social Assistance Accommodation and Food Services Food Services and Drinking Places Source: Indiana Department of Workforce Development, Current Employment Statistics $ $ $ $ $ $ $ $1, $ $ $ $ $ $ $ $ $ $ $ $ Percentage of Unemployment Claims for Top 5 Region 1 Industries November 2018 Distribution as a Percent of Total Construction 19.8% Unemployment Claims: November 2018 Region 1 Initial Claims 11/03/18-267(D) 11/10/18-347(D) 11/17/18-411(D) 11/24/18-496(D) Continued Claims 11/03/18-1,459 11/10/18-1,516 11/17/18-1,673 11/24/18-1,997 Total Claims 11/03/18-1,726 11/10/18-1,863 11/17/18-2,084 11/24/18-2,493 Manufacturing Retail Trade Health & Social Assistance Admin. & Waste Management & Remediation 10.5% 9.4% 7.7% 7.1% State of Indiana Initial Claims 11/03/18-3,132 11/10/18-2,612 11/17/18-2,493 11/24/18-2,636 Source: Indiana Department of Workforce Development, Research and Analysis WARN Notices WARN Notices for Region 1 for November 2018 Company City County # affected Notice Date Continued Claims 11/03/18-13,095 11/10/18-12,999 11/17/18-11,156 11/24/18-12,843 There are no WARN Notices for November 2018 for Region 1. Significant WARN Notices for nearby locations Company City County # affected Notice Date Caterpillar, Inc. Joliet Will, IL /7/2018 ZF Chassis Systems Chicago, LLC Chicago Cook, IL /26/2018 Total Claims 11/03/18-16,227 11/10/18-15,611 11/17/18-13,649 11/24/18-15,479 Source: Indiana Department of Workforce Development, WARN Notices For information on WARN Act requirements, you may go to the U.S. Department of Labor Employment Training Administration Fact Sheet: (D) Indicates one or more counties are excluded due to non-disclosure issues Source: Indiana Department of Workforce Development, Research and Analysis Indiana Department of Workforce Development 3 Labor Market Review EGR 1

4 Gary Metropolitan Division Wage and Salaried Employment November 2018 # Change % Change # Change % Change Industry Nov-18 Oct-18 Nov-17 Oct-18 to Nov-18 Nov-17 to Nov-18 Total Nonfarm 284, , ,600 1, % 3, % Total Private 248, , ,400 1, % 3, % Goods Producing 56,100 55,600 53, % 2, % Service Providing 228, , , % 1, % Private Service Providing 192, , , % 1, % Mining and Logging % 0 0.0% Mining, Logging and Construction 19,800 19,600 18, % 1, % Construction 19,600 19,400 17, % 1, % Manufacturing 36,300 36,000 35, % % Durable Goods 27,600 27,400 27, % % Trade, Transportation and Utilities 60,500 59,400 60,000 1, % % Wholesale Trade 9,700 9,700 9, % % Retail Trade 34,700 33,600 34,700 1, % 0 0.0% General Merchandise Stores 8,200 7,700 7, % % Other Gen Merch Stores 4,800 4,600 4, % % Transportation, Warehousing and Utilities 16,100 16,100 15, % % Information 1,900 1,900 1, % 0 0.0% Financial Activities 8,800 8,700 8, % % Professional and Business Services 24,600 24,900 23, % 1, % Employment Services 4,300 4,400 4, % % Education and Health Services 52,700 52,400 52, % % Educational Services 7,600 7,400 8, % % Health Care and Social Assistance 45,100 45,000 44, % % General Medical and Surgical Hospitals 14,500 14,500 14, % % Leisure and Hospitality 30,800 31,200 31, % % Arts, Entertainment and Recreation 5,500 6,000 5, % % Food Services and Drinking Places 25,300 25,200 25, % 0 0.0% Other Services 13,400 13,400 13, % % Total Government 35,300 35,200 35, % % Federal Government 2,000 1,900 1, % % State Government 4,800 4,800 5, % % Local Government 28,500 28,500 28, % % Local Government Educational Services 16,100 16,200 16, % 0 0.0% Source: Indiana Dept of Workforce Development, Research and Analysis, Current Employment Statistics 290,000 Gary Metropolitan Division Employment Trends 285, , , , , ,000 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Source: Indiana Department of Workforce Development, Research & Analysis, Current Employment Statistics Note: Historical data for the most recent 4 years (both seasonally adjusted and not seasonally adjusted) are revised near the beginning of each calendar year, prior to the release of January estimates for statewide data. Indiana Department of Workforce Development 4 Labor Market Review EGR 1

5 Michigan City-LaPorte MSA Wage and Salaried Employment November 2018 # Change % Change # Change % Change Industry Nov-18 Oct-18 Nov-17 Oct-18 to Nov-18 Nov-17 to Nov-18 Total Nonfarm 41,600 41,400 41, % % Total Private 34,700 34,500 35, % % Goods Producing 9,700 9,800 9, % % Service Providing 31,900 31,600 32, % % Private Service Providing 25,000 24,700 25, % % Mining, Logging and Construction 2,100 2,200 2, % 0 0.0% Manufacturing 7,600 7,600 7, % % Trade, Transportation & Utilities 8,500 8,200 8, % % Wholesale Trade 1,400 1,400 1, % % Retail Trade 5,600 5,500 5, % % Information % 0 0.0% Financial Activities 1,300 1,300 1, % 0 0.0% Professional and Business Services 3,000 3,000 2, % % Education and Health Services 5,600 5,600 5, % 0 0.0% Leisure and Hospitality 4,900 4,900 5, % % Other Services 1,500 1,500 1, % 0 0.0% Total Government 6,900 6,900 6, % 0 0.0% Federal Government % 0 0.0% State Government 2,300 2,200 2, % 0 0.0% Local Government 4,400 4,500 4, % 0 0.0% Local Government Educational Services 2,500 2,500 2, % 0 0.0% Source: Indiana Dept of Workforce Development, Research and Analysis, Current Employment Statistics 43,500 Michigan City-LaPorte MSA Employment Trends 43,000 42,500 42,000 41,500 41, ,500 40,000 39,500 39,000 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Source: Indiana Department of Workforce Development, Research & Analysis, Current Employment Statistics Note: Historical data for the most recent 4 years (both seasonally adjusted and not seasonally adjusted) are revised near the beginning of each calendar year, prior to the release of January estimates for statewide data. Indiana Department of Workforce Development 5 Labor Market Review EGR 1

6 Frequently Listed Jobs Top 20 job listings by number of openings in Region 1 in the past month Applicant Pool Top 20 occupations desired by applicants on their resumes in the past 12 months Rank Occupations Occupations # of applicants 1 Production Workers, All Other Production Workers, All Other 1,057 2 Agricultural Workers, All Other Helpers--Production Workers 1,031 3 Retail Salespersons Laborers and Freight, Stock, and Material Movers, Hand Pharmacy Technicians Assemblers and Fabricators, All Other Heavy and Tractor-Trailer Truck Drivers Customer Service Representatives First-Line Supervisors of Production and Operating Workers Cashiers Customer Service Representatives Construction Laborers Healthcare Practitioners and Technical Workers, All Other Stock Clerks and Order Fillers Janitors and Cleaners, Except Maids and Housekeeping Cleaners Maintenance and Repair Workers, General Registered Nurses Office Clerks, General Taxi Drivers and Chauffeurs Heavy and Tractor-Trailer Truck Drivers Counter Attendants, Cafeteria, Food Concession, and Coffee Shop Managers, All Other Therapists, All Other Office and Administrative Support Workers, All Other Business Operations Specialists, All Other Retail Salespersons Home Health Aides Janitors and Cleaners, Except Maids and Housekeeping Cleaners Personal Care Aides Nursing Assistants First-Line Supervisors of Transportation and Material- Moving Machine and Vehicle Operators Carpenters Occupational Therapy Aides Welders, Cutters, Solderers, and Brazers Industrial Engineers Executive Secretaries and Executive Administrative Assistants First-Line Supervisors of Mechanics, Installers, and Repairers Extraction Workers, All Other 234 Source: Indiana Workforce Development, Indiana Career Connect Source: Indiana Workforce Development, Indiana Career Connect Indiana Department of Workforce Development 6 Labor Market Review EGR 1

7 Consumer Price Index (CPI-U Change), Unadjusted Percent Change to November 2018 from Nov-17 Oct-18 Nov-17 Oct-18 Nov-17 Oct-18 CPI Item Chicago-Gary- Kenosha, IN-IL-WI U.S. City Midwest Region* All Items 1.0% -0.6% 2.2% -0.3% 1.4% -0.6% Food & Beverages 1.8% -0.4% 1.4% 0.0% 0.6% -0.2% Housing 2.3% 0.2% 2.9% 0.1% 2.7% -0.1% Apparel -5.0% -4.0% -0.4% -3.2% -0.7% -3.1% Transportation -0.7% -2.7% 2.9% -1.7% 0.8% -2.4% Medical Care 0.7% -0.2% 2.0% 0.3% 1.6% 0.3% Recreation -0.3% -0.4% 0.6% 0.2% -1.4% -0.1% Education & Communication -1.1% -0.7% 0.2% -0.6% -0.1% -0.6% Other Goods & Services 1.6% 0.7% 2.1% 0.3% 2.4% 0.3% *Midwest region = Midwest Urban Average. Midwest Region includes Illinois, Indiana, Iowa, Kansas, Michigan, Minnesota, Missouri, Nebraska, North Dakota, Ohio, South Dakota and Wisconsin Source: U.S. Bureau of Labor Statistics Do natural gas prices rise in colder months? December 7, 2018 Natural gas is used to heat homes and businesses and to generate electricity. Prices for imported natural gas fluctuate during the year and usually rise as temperatures get colder toward the end of autumn. In late fall 2017 and early winter 2018, prices for imported natural gas rose, increasing 25.7 percent in November 2017, 20.0 percent in December 2017, and 13.4 percent in January Afterward, import prices for natural gas mostly fell until warmer weather arrived in early summer In October 2018, prices for imported natural gas rose 24.6 percent. Although prices for imported natural gas usually rise in autumn, they sometimes do not. Prices did not rise and actually fell somewhat in the autumn of 2011 and In those years, the supply of natural gas increased enough to meet the higher demand that came with colder temperatures. Prices for imported natural gas also have risen substantially in other seasons of some years, depending on the supply of and demand for natural gas around the world. These data are from the International Price program. They are not seasonally adjusted. Import and export price changes may be revised in each of the 3 months after original publication. For more information, see U.S. Import and Export Price Indexes October We also have more charts on import and export price trends. Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Do natural gas prices rise in colder months? on the Internet at (visited January 08, 2019). Indiana Department of Workforce Development 7 Labor Market Review EGR 1

8 Questions? Please contact the DWD Research and Analysis Regional Labor Analyst listed below: Kathy Jaworski Regional Labor Analyst Reseach and Analysis Indiana Department of Workforce Development Indiana Department of Workforce Development 8 Labor Market Review EGR 1