Unemployment rate

Indiana Unemployment Rate Lowest Since Early 2001

May 19, 2017

The unemployment rate declined in April for the second consecutive month, down 0.3 of a percent to 3.6 percent. That’s the biggest single month drop since late 2010. And 3.6 percent is the lowest rate since February 2001.

But the Hoosier private sector lost 9,300 jobs last month. That’s the largest single month decline since June 2009. The losses were led by the manufacturing and private educational and health services sectors. And the private sector has now shed jobs four of the last five months.

The Hoosier unemployment rate ticked up by one-tenth of a percent to 4.1 percent last month. That’s the first increase since January of last year. The rate is still lower than the national average and all neighboring states.

After two consecutive months of declines, the private sector added jobs in February – 4,400 for the month. The surge was led by the manufacturing industry.

 

Indiana’s unemployment rate is at its lowest in more than 15 years.

The Indiana unemployment rate declined two-tenths of a percent in December, falling to 4 percent. That’s the third consecutive month the rate went down. It’s the largest three-month decline in nearly two years. And 4 percent is Indiana’s lowest rate since May 2001.

Yet the state’s private sector lost 6,000 jobs last month. Almost all of that – 5,900 jobs – came from the private education services sector. Only the manufacturing and construction industries added jobs in December.

Andreas Klinke Johannsen / https://www.flickr.com/photos/andjohan/5644714850

Indiana’s unemployment rate ended 2015 by remaining stable at 4.4-percent, according to a year-end jobs report. 

The state’s private sector made no ground in adding jobs last month.

The Hoosier State’s unemployment rate remained unchanged for four consecutive months to end the year, holding steady at 4.4-percent since September. 

Lynn Friedman / https://www.flickr.com/photos/lynnfriedman/18263113926

Indiana’s unemployment rate dropped to its lowest level in eight years last month.

The unemployment rate fell by one-tenth of a percent to 4.6-percent in August; that’s the lowest level since 2007. 

Yet the state’s private sector lost 5,500 jobs last month, the first drop since February.  Still, the Hoosier State remains at peak employment, with the most Hoosiers employed at any time in Indiana’s history. 

And the state’s labor force expanded – that’s the number of people working or actively looking for a job. 

Flazingo Photos / https://www.flickr.com/photos/124247024@N07/

The Hoosier State’s unemployment rate decreased to 4.9-percent last month, the first time it’s been below 5-percent since February of 2008. 

June marks the fifth consecutive month the rate has declined, and since January of 2013, only one other state – Rhode Island – has decreased its unemployment rate more than Indiana. 

Yet for the first time in four months, the state’s private sector lost jobs, shedding 3,800 people last month. The biggest loss – 3,600 jobs – was in the trade, transportation and utilities sectors. 

Kate Hiscock / https://www.flickr.com/photos/slightlyeverything/

Indiana’s private sector achieved a significant decrease in the unemployment rate for the second month in a row in May while creating nearly 10,000 jobs.

Indiana had its largest decrease in the unemployment rate in more than 20 years in April, falling from 5.8 to 5.4 percent.

The rate dropped again in May, this time to 5.1 percent, the lowest level since March of 2008.

The number of people employed or actively looking for work increased by nearly 1,400 after four consecutive months in decline.

Joe Hren / indianapublicmedia.org/news

State leaders celebrated last week over news that Indiana’s unemployment rate is at its lowest level in seven years, while the total number of jobs surged to a near-record high. But some analysts say it’s not time to pop the champagne yet.

Indiana’s unemployment rate dropped to 5.4 percent in April, reaching its lowest level since May of 2008.

But Indiana Institute for Working Families senior policy director Derek Thomas says he’s concerned that over the last three months, while the private sector added about 16,000 jobs, 18,000 people left the state’s labor force.

Gretchen Frazee / indianapublicmedia.org/news

Last month, Indiana’s unemployment rate experienced its biggest one-month decrease in more than two decades, falling to its lowest level in seven years. 

Indiana’s private sector added more than ten thousand jobs in April, boosted by huge gains in the trade, transportation, and utilities sector. 

The unemployment rate fell to 5.4%, the lowest rate since May of 2008.  And the decrease of four-tenths of a percent is the largest since July of 1993. 

Flazingo Photos / https://www.flickr.com/photos/124247024@N07/

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

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 it's still three-tenths of a percent higher than the national average of 5.5-percent.

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. 

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