State Unemployment Remains Steady
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As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe NowIndiana’s unemployment rate remains at 3.2 percent for the fourth consecutive month. The Indiana Department of Workforce Development says the state added 1,300 private sector jobs in April with the labor force growing by nearly 16,000. According to figures from the U.S. Bureau of Labor Statistics, Indiana’s labor force participation rate was 64.3 percent last month, which remains higher than the national rate.
The national unemployment rate dropped slightly to 3.8 percent. The DWD says Indiana’s unemployment has been below the national rate for more than four years, with the exception of October 2014 when it was equal.
Indiana saw the most job growth in the financial activities and trade, transportation and utilities sectors. Those gains, however, were offset by major losses in leisure and hospitality, and construction.
Indiana continues to have the lowest unemployment rate of the neighboring states. Only Minnesota and Wisconsin have lower unemployment in the Midwest at 3.1 and 2.8 respectively.