Kosciusko Ranks Low For Unemployment Rates
Kosciusko County continues to tout itself among the counties with the lowest unemployment. In a listing of all Indiana counties from highest unemployment rate to lowest, Kosciusko ranked 79th out of 92 counties. This places Kosciusko in the top 15 counties for lowest unemployment rates with a rate of 6.9 percent.
According to Kosciusko Economic Development Corporation President George Robertson, Kosciusko boasts the lowest unemployment rate in Region 2 by a significant degree. Robertson stated the county also holds the lowest unemployment rate in northern Indiana, with neighboring county rates as follows: Whitley County 7.7 percent; Allen County 8.6 percent; and Wabash County 8.4 percent.
Robertson also stated that the City of Warsaw also held boasted significantly lower unemployment numbers than neighboring cities. City unemployment ratings in the region included: Elkhart 10.2 percent; Goshen 8.6 percent; Mishawaka 9.6 percent; South Bend 11.7 percent; Plymouth 10.5 percent; and Warsaw 7.8 percent.
Though the state boasted the creation of 5,900 jobs in the private sector, the state’s unemployment rate held steady at 8.4 percent in July. July marked the largest 1-month growth rate since 1990 in the trade, transportation and utilities sector.
According to a press release from Indiana Department of Workforce Development, for the fourth month in a row, Indiana’s private sector has experienced significant growth, as July’s job gains totaled 5,900. In addition, the Trade, Transportation and Utilities (+10,800) and Professional and Business Services (+4,100) sectors far outweighed losses in the Construction (-3,400) and Manufacturing (-2,000) sectors. The Hoosier State has now added over 203,000 private sector jobs since July 2009, the low point of employment in Indiana, and has grown jobs in 40 out of the past 43 months.
“The Trade, Transportation and Utilities sector experienced the largest one-month growth since 1990,” said Scott B. Sanders, Commissioner of the Indiana Department of Workforce Development. “Initial claims for unemployment insurance in 2013 have been at their lowest levels since 2000, the peak of employment in The Hoosier State.”
Employment by Sector
Sectors showing gains in July include: Trade, Transportation & Utilities (+10,800), and Professional and Business Services (+4,100). The Construction (-3,400), Manufacturing (-2,000), Leisure and Hospitality (-1,500), and Private Educational & Health Services (-1,100) sectors showed declines. Total non-farm employment increased in July (+6,900).
Source: Indiana Department of Workforce Development, Inside INdiana Business