Unemployment remains flat in May
Subscriber Benefit
As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe NowIndiana’s unemployment rate remained at 2.2% for the month of May. The Indiana Department of Workforce Development says the state added more than 16,000 jobs last month.
The state’s labor force participation rate rose to 62.9% in May, remaining higher than the national rate of 62.3%. The state’s labor force, which includes residents who are employed or looking for employment, stands at 3.4 million.
“While the number of people working in the private sector is at a new high, there remains numerous available job opportunities throughout Indiana,” said DWD Commissioner Fred Payne. “More and more Hoosiers have spent the last several months reassessing their career and career goals, and the May employment report shows individuals continue to return to the workplace.”
The DWD says the state’s total private employment stands at more than 2.8 million. Industries that saw job increases in May included manufacturing, professional and business services and leisure and hospitality.
Indiana’s unemployment rate remains well below the national rate, which remained unchanged in May at 3.6%.