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Our Unemployment Rate is more than just a number

Pike County, Indiana's unemployment rate is 4.5%. 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 have shut 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
3,412,936
139,530
4.1
Evansville, IN/Henderson, KY Metro Region
166,888
6096
3.7
Bloomington Metro Region
81,490
3,547
4.4
       
Daviess
16,828
557
3.3
Dubois
23,388
732
3.1
Gibson
19,943
622
3.1
Knox
19,241
764
4.0
Martin
5,231
178
3.4
Perry
9,405
414
4.4
Pike
6,154
277
4.5
Posey
13,931
464
3.3
Spencer
10,544
454
4.3

Area Total

124,655

4,462

3.6

 

Source: Indiana Department of Workforce Development February, 2019

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
3,412,936
139,530
4.1
Evansville, IN/Henderson, KY Metro Region
166,888
6096
3.7
Bloomington Metro Region
81,490
3,547
4.4
       
Crawford
4,849
254
5.2
Daviess
16,828
557
3.3
Dubois
23,388
732
3.1
Gibson
19,943
622
3.1
Knox
19,241
764
4.0
Greene
13,980
809
5.8
Lawrence
21,509
1,012
4.7
Martin
5,231
178
3.4
Orange
8,830
389
4.4
Perry
9,405
414
4.4
Pike
6,154
277
4.5
Posey
13,931
464
3.3
Spencer
10,544
454
4.3
Sullivan
8,703
475
5.5
Vanderburgh
96,958
3,597
3.7
Warrick
33,722
1,196
3.5
Pike County Regional Counties TOTAL
313,216
11,430
3.6

 

     
Kentuky Counties adjacent to Pike County Area
Daviess
47,645
1,814
3.8
Hancock
4,053
161
4.0
Henderson
22,277
839
3.8
Kentucky Totals
73,975
2,814
3.8
 
Illinois Counties Adjacent to Pike County Area
Crawford
8,637
496
5.7
Gallatin
2,473
140
5.7
Lawrence
5,923
395
6.7
Wabash
5.611
286
5.1
White
6,514
348
5.3
Total Illinois Counties
29,158
1,665
5.7

Source: Indiana Department of Workforce Development, February 2019
Stats America, Illinois Department of Labor - February, 2019

Kentucky Cabinet for Workforce - February, 2019