January 2011 suggest that Allen County is still in a downslide when it comes to employment. Perhaps that is why Vice President Joseph Biden is visiting Indiana after the State of Union address. Although Allen County unemployment dropped from 10.4 to 9.4 %, it seems to do little to increase thoses in the workforce. What happens in Allen County truly has an impact on the second largest city in Indiana, Fort Wayne. This trend came be seem as far back as 2009 for the city.
In July, 2009 Fort Wayne lost 4,000 from its workforce compared to June 2009. When in June the unemployment rate was 11.5% with the workforce was at 214,013. But in July the workforce was around 210, 378. Those working in the labor force remained pretty close between 189,425 in June and 188,109 in July. Did a lot of folks retire or something? In the 30 day period less than 2000 are reported as unemployed. It was during this same time period that we began to see a drop in Fort Wayne unemployment rank from 11.5% to 10.6%. Coincidence?
Well, when the unemployment number began to rise, again we see this bizarre activity. In October, 2009, we saw the unemployment creep upward to 10.5 %. But drop to 9.7% in November. At the same time, we saw the labor force in November go from 205091 to 202979. While the unemployed fail less than 70, going from 19,955-20,506.
It seem even by a drop in the number in the labor force and a drop in those who were employed did little to impact the drop in the number of the unemployed. And as the labor pool increase the unemployed increase as well as those who were employed. Coincidental?
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