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.