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Fayette Co. out of top 10 in unemployment

From Staff and Wire reports

 

Fayette County has dropped out of the top 10 in Indiana unemployment rankings.

Preliminary figures for January show Fayette County with 4.8 percent unemployment, ranking it 11th of Indiana's counties. Although higher than nearby counties, it's a far cry from five years ago when the county led the state or was in the top three month after month.

It's also a full percentage point lower than a year earlier. In January 2017, local unemployment registered 5.8 percent. At that time, the state reported 534 unemployed members of the local labor force, which numbered 9,161 residents. In 2018, the labor force included 8,829 residents and 421 were without work.

Statewide, Indiana's unemployment rate edged lower to 3.3 percent in January, continuing a decline in the state that was seen starting in November. A year earlier, in January 2017, the state rate was a half point higher at 3.8 percent.

The Indiana Department of Workforce Development said Monday that the state's unemployment rate decreased one-tenth of a percentage point from the December rate. The state's unemployment rate remained below the national rate of 4.1 percent.

With the exception of October 2014, when it was equal to the national rate, the state's unemployment rate has been below the U.S. rate for more than four years.

Indiana's labor force had a net decrease of nearly 7,300 over the previous month, which was a result of about 4,100 unemployed residents no longer seeking employment and a nearly 3,200 decrease in residents employed. Indiana's total labor force is 3.3 million.

Counties in the northwest part of the state had five of the top 10 places, with Vermillion leading at 6.2 percent.

UNEMPLOYMENT

Fayette County was 11th in state unemployment rankings for January. Here are area rankings and percentage of unemployed, according to the Indiana Department of Workforce Development.

Fayette, 11th, 4.8%

Franklin, 15th, 4.5%

Henry, 42nd, 3.7%

Wayne, 42nd, 3.7%

Union, 59th, 3.4%

Rush, 66th, 3.2%