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Our Unemployment Rate is more than just a number

Pike County, Indiana's unemployment rate is 3.7%. Ouch! Not much available workforce... Wrong! Pike County is unique because we are located in coal country, or, what used to be known as coal country. In the last four years three coal mines haveshut down, one power plant, one smelter house, and another power plant had several lay-offs. This totaled 1,291 dislocated workers.

Pike County is Work Ready

So, if Pike County has 1,291 dislocated workers, then why is our unemployment rate so low? Simple, Pike County is ready to work! Our dislocated workers found new jobs, most are working out-of-county, some commuting 1-hour to work (each way), and several took pay cuts to find work. Pike County's workers are resilient and will find new jobs even if they pay less and have less time with their families.

 

September unemploymentannualized labor force for Pike County Indiana

Area
Labor Force
Unemployed
Unemployment Rate %
State of Indiana
3,384,737
102,351
3.0
Evansville, IN/Henderson, KY Metro Region
164,119
4,786
2.9
Bloomington Metro Region
76,918
2,461
3.2
       
Daviess
16,129
377
2.3
Dubois
23,231
498
2.1
Gibson
19,171
450
2.3
Knox
18,461
510
2.8
Martin
5,141
127
2.5
Perry
9,268
295
3.2
Pike
6,100
179
2.9
Posey
13,583
347
2.6
Spencer
10,978
313
2.9

Area Total

122,062

3,096

2.5

 

Source: Indiana Department of Workforce Development September, 2018

Regional Workforce Information for Pike County, Indiana

More and more, economic development trends indicate that regional approaches are far more effective than county economic development alone. Pike County is a member of the Southwest Indiana Development Council (SWIDC).
The Pike County regional area offers a trained conscientious workforce for your new or expanding business. As is the case with most of southwest indiana in general, our regional employees offer value added to their employers in high productivity levels. The annual employee turnover rate is very low as is absenteeism. Following are the labor force figures for the Pike County Region.

Area
Labor Force
Unemployed
Unemployment Rate %
State of Indiana
3,384,737
102,351
3.0
Evansville, IN/Henderson, KY Metro Region
164,119
4,786
2.9
Bloomington Metro Region
76,918
2,461
3.2
       
Crawford
4,885
185
3.8
Daviess
16,129
377
2.3
Dubois
23,231
498
2.1
Gibson
19,171
450
2.3
Knox
18,461
510
2.8
Greene
13,504
514
3.8
Lawrence
20,914
675
3.2
Martin
5,141
127
2.5
Orange
8,316
275
3.3
Perry
9,268
295
3.2
Pike
6,100
179
2.9
Posey
13,583
347
2.6
Spencer
10,978
313
2.9
Sullivan
8,512
351
4.1
Vanderburgh
95,321
2,829
3.0
Warrick
33,016
821
2.5
Pike County Regional Counties TOTAL
306,530
11,240
2.8

 

     
Kentuky Counties adjacent to Pike County Area
Daviess
48,023
1,776
3.7
Hancock
4,116
150
3.6
Henderson
22,199
789
3.6
Kentucky Totals
74,338
2,715
3.7
 
Illinois Counties Adjacent to Pike County Area
Crawford
8,863
406
4.6
Gallatin
2,434
126
5.2
Lawrence
6,089
298
4.5
Wabash
5,694
237
4.2
White
6,811
258
3.8
Total Illinois Counties
29,891
1,325
4.4

Source: Indiana Department of Workforce Development, September, 2018
Stats America, Illinois Department of Labor - September, 2018

Kentucky Cabinet for Workforce - September, 2018