State Unemployment Rate Inches HigherPosted: Updated:
The Indiana unemployment rate for June hit 8.4 percent, compared to 8.3 percent in May. The state says 5,300 private sector jobs were created in June, with most of that growth in manufacturing. Indiana Department of Workforce Development Commissioner Scott Sanders says the sector had its largest one-month job increase in nearly a decade. Click here for the ranking of Indiana counties by unemployment rate.
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Click here for labor force estimates.July 18, 2013
INDIANAPOLIS – Private sector employment in Indiana grew by 5,300 jobs in June, the third month in a row of significant increases. The bulk of growth came from the manufacturing sector, which expanded by 4,300 jobs over the month, the largest one month jump since August 2004. Indiana continues to have the largest percentage of manufacturing jobs as a portion of the private sector in the United States.
The seasonally adjusted unemployment rate edged up in June to 8.4 percent, though the increase was lower than most neighboring states.
“The manufacturing sector experienced the largest one-month increase in nearly a decade,” said Scott B. Sanders, Commissioner of the Indiana Department of Workforce Development. “The majority of the growth occurred in durable goods, mainly in transportation equipment.”
Sanders also noted that private sector employment for June of 2,518,600 has not been near this level since June 2008 (2,530,600), and initial claims for unemployment insurance continue to remain at their lowest levels since 2000.
Employment by Sector
Sectors showing gains in May include: Manufacturing (4,300), Trade, Transportation & Utilities (4,200), Private Educational & Health Services (400), and Financial Activities (200). The Construction (-2,600), Professional & Business Services (-1,900), and Leisure and Hospitality (-600) sectors showed declines. Total non-farm employment increased in June (9,100).Source: Indiana Department of Workforce Development