Elkhart County’s jobless rate keeps falling as the recreational vehicle and boat industries keep booming.
The county’s April unemployment rate was 5 percent, down sharply from 5.8 percent in March, and more people were working in April than at any point in the past 13 years, according to state figures released Friday, May 16.
That’s the lowest level since February 2007, before the Great Recession hit.
April marked the fourth time in the past five months that the county’s jobless rate has fallen. It has plummeted from 8.2 percent in April 2013, according to the Indiana Department of Workforce Development.
The growing recreational vehicle and boat industries are generating some historic employment statistics:
- Elkhart County’s labor force in April grew to 95,326, the largest it’s been since October 2000. In April there were 4,782 people officially unemployed, compared to 2,134 unemployed in October 2000, when the jobless rate was 2.2 percent.
- The number of people unemployed in April was the lowest since July 2003.
- There were 90,544 employed in the county in April, up 8 percent from a year prior.
- The county has a way to go before breaking employment records. The number of people employed surpassed the 100,000 mark for five months in 2006
Indiana’s seasonally adjusted rate in April was 5.7 percent, down from 5.9 percent in March, while the U.S. rate was 6.3 percent, down from 6.7 percent in March.