Indiana's Unemployment Rate Drops

Aug 21, 2015
Department of Workforce Development

Indiana has more private sector jobs than ever before, according to the state’s monthly employment report.

There were 2.614 million private sector jobs in Indiana in July, compared to the previous record of 2.612 set in March 2000.

Gov. Mike Pence praised the news in a statement saying it could be attributed to the state’s residents.

“Thanks to hardworking Hoosiers for their resilience, character and the entrepreneurial spirit they bring to work each and every day, Indiana has achieved this goal and set a new record for private sector employment,” he said.

Courtesy / State of Indiana

Indiana’s unemployment rate fell in March to its lowest level in five months, but the state’s private sector also lost jobs last month.

The Hoosier unemployment rate fell one tenth of a percent to 5.8 percent in March, the second month in a row the rate went down. 

But that drop may not be good news: the state’s private sector lost 800 jobs last month, fueled by huge losses – more than 5,000 – in the professional and business services sector. 

Indiana’s private sector added nearly 10,000 jobs last month.  Yet for the fourth consecutive month, the unemployment rate failed to drop.  Still, Governor Mike Pence says July’s employment numbers tell him Indiana’s economy is “all systems go.”

The Hoosier private sector has added jobs for ten consecutive months, surging again in July with 9,900 jobs created.  That boost was led by the manufacturing sector, which added more than 5,000 jobs, the most in the country last month. 

Indiana’s private sector sent a June record for job creation. Yet the state’s unemployment rate rose for the first time in a year.  

The Hoosier private sector added 10,000 jobs last month, including growth in every major employment sector. The surge was led by the leisure and hospitality and construction sectors, each contributing at least 2,700 new jobs. But the state’s unemployment rate rose two-tenths of  a percent to 5.9 percent. 

Indiana’s unemployment rate in May failed to drop for the first time in nine months, holding steady at 5.7 percent.

Indiana’s private sector added 4,800 jobs last month, yet the unemployment rate remained unchanged. 

The Department of Workforce Development says that’s because the state’s labor force increased, with about 2,000 unemployed Hoosiers actively resuming the job hunt.  The state’s unemployment rate remains more than half a percent below the national average.  And it’s dropped nearly two percent in just one year, with 4,600 jobs added since May 2013. 

Indiana’s unemployment rate dropped to its lowest level in five and a half years, now lower than the national rate, even as the state’s private sector lost jobs in January.

The Indiana unemployment rate fell nearly half a percent in January, its largest one-month drop in 20 years.  Its rate of 6.4 percent is the lowest since September 2008 and the first time the state’s rate has been below the national average in nearly two years. 

Indiana’s unemployment rate went up once again in February, though the state’s private sector marked the 20th consecutive month of job growth.

Indiana’s private sector added 5,800 jobs last month.  And since July of 2009, the low point of the recession, the state has created jobs in all but four months.  But at 8.7% in February, Indiana’s unemployment rate is at its highest level in more than a year.

Unemployment rate falls, despite job losses

Oct 20, 2012

Indiana’s private sector lost nearly 6,000 jobs in September, the first decline in nearly a year.  Yet the state’s employment rate also fell for the first time since April.

Indiana’s unemployment rate had gone up or held steady for five months while, at the same time, the private sector created jobs. 

Last month, that trend changed as the unemployment rate fell to 8.2%.  University of Indianapolis economist Matt Will says while September’s jobs report isn’t positive, it also isn’t time to panic.