GREENSBURG — With a non-seasonally adjusted 2.7 percent unemployment rate, Decatur County is now ranked 88th across all 92 counties, meaning only four counties across the state of Indiana have a lower unemployment rate
The unemployment rate is a U.S. Bureau of Labor Statistics (BLS) indicator that reflects the number of unemployed people as a percentage of the labor force. As of September 2017, there are currently 14,753 participating in the labor force in Decatur County, according to numbers from the Indiana Department of Workforce Development (DWD).
Decatur County had a 3.4 percent non-seasonally adjusted unemployment rate, following the release of the August 2017 employment report. Essentially, that number has fallen by 0.7 percent. However, at this time last year, Decatur County had a 3.1 percent unemployment rate, meaning that the county surpassed the set benchmark.
“You may remember that IU Professor Emeritus Morton Marcus was our guest speaker for Business Appreciation Day,” said Greensburg-Decatur County EDC Executive Director, Marc Coplon. “I read his ‘Eye on the Pie’ articles each week that he writes for Howey Politics and are published in a variety of news media (Marcus was the Governors’ liaison to the U.S. Bureau of the Census, 1979 to 2003).”
Coplon referenced a paragraph of Marcus’ October 10, 2017 article, which read, “The U.S. Bureau of Economic Analysis reports, from 2005 to 2015, jobs in the nation grew by 5.9 percent. Through that recession and recovery, Indiana jobs increased by just 2.3 percent. Yet 16 Indiana counties surpassed that national rate. Of those 16 counties, four stand out–Decatur, Bartholomew, Sullivan and White—because they also saw average compensation for jobs grow faster than the nation’s 9 percent. These four are the SUPERSTARS OF A DIFFICULT DECADE.”
Coplon also added that he isn’t surprised by the county’s low unemployment ranking, but what does he attribute it to?
“An excellent mix of manufacturing, agribusiness, schools, healthcare, roads, and quality of life,” Coplon said.
The executive director also said that with a 2.7 percent unemployment rate, it’s difficult to improve on that number. Essentially, now the community just needs more people.
“Continue Stellar Communities basic objective–encourage more quality of life amenities in our community to attract more people,” he said when asked what the city needs now.
Source: Greensburg Daily News