(INDIANAPOLIS) – Indiana’s unemployment rate drops to 11.2 percent for June, and the national rate is 11.1 percent. The monthly unemployment rate is a U.S. Bureau of Labor Statistics (BLS) indicator that reflects the number of unemployed people seeking employment within the prior four weeks as a percentage of the labor force.
Indiana’s labor force had a net increase of 53,484 over the previous month. This was a result of a decrease of 28,747 unemployed residents and an increase of 82,231 employed residents. Indiana’s total labor force, which includes both Hoosiers employed and those seeking employment, stands at 3.39 million, and the state’s 64.3 percent labor force participation rate is above the national rate of 61.5 percent.
Learn more about how unemployment rates are calculated here: http://www.hoosierdata.in.gov/infographics/employment-status.asp.
Employment by Sector
Private sector employment has decreased by 182,200 over the year and increased by 128,900 over the previous month. The monthly increase is primarily due to gains in the Leisure and Hospitality (46,900), the Manufacturing (19,000) and the Private Education and Health Services (16,700) sectors. Total private employment stands at 2,552,400, which is 196,900 below the January 2019 peak.
Midwest Unemployment Rates