Allen County

Unemployment in Allen County has jumped to 5.4%—its highest point in at least a year—after hitting a low of 3.4% just four months ago. The 58.8% increase marks a sharp reversal from spring gains and reflects three consecutive months of deterioration. Labor force data shows 5,835 residents in the workforce as of August 2026, though the county has not yet reported current employment counts.

The upward trend spans multiple data releases and suggests structural labor market softening rather than seasonal fluctuation. Unemployment rose consecutively from April through August, climbing from 3.4% to 5.4% in a pattern that warrants attention from economic development officials. The spike began in May at 4.4% and has accelerated through summer months.

Home values present a mixed signal. After climbing steadily from $109,699 in March to a peak of $119,030 in July, median values dipped to $115,551 in August before recovering slightly to $118,098 in September. The recent volatility and the overall 7.6% gain since March suggest underlying market activity, though the timing alongside worsening joblessness bears watching.

Story angle: Investigate which sectors are shedding jobs in Allen County and whether local employers expect further adjustments heading into fall.