|
For Immediate Release | 12/18/2015
Contact: Joe Frank
Phone: 317-234-7671
Email: jfrank@dwd.in.gov
Facebook | Twitter
November Indiana Employment Report
Unemployment Remains at Lowest Level Since August of 2001
INDIANAPOLIS (December 18, 2015) – Indiana’s seasonally adjusted unemployment rate remained at 4.4 percent in November, continuing the trend of the lowest unemployment levels experienced in the Hoosier State since August of 2001. Indiana’s labor force also maintained the recent trend, gaining more than 7,000 in November. Indiana has now added nearly 100,000 individuals to the labor force since January 2013, which leads the Midwest. The gap in the labor force participation rate between Indiana and the national average further improved in November (63.7 percent vs. 62.5 percent). Indiana’s rate has now exceeded the national rate for nineteen consecutive months.
Private sector employment in The Hoosier State increased by 3,400 in November, as significant gains occurred in the Construction (+2,800) and Trade, Transportation & Utilities (+2,500) sectors. Increases were partially offset by losses in the Manufacturing sector (-3,300). Indiana has added 54,000 private sector jobs over the past 12 months.
“Unemployment in The Hoosier State continues to be at its lowest levels in more than a decade,” said Steven J. Braun, Commissioner of the Indiana Department of Workforce Development. “Meanwhile, Indiana continues to lead the Midwest in labor force growth by a significant amount.”
Braun also noted that total claims for unemployment insurance in Indiana for 2015 are at their lowest levels since 1997.
Employment by Sector
Sectors showing gains in November include: Construction (+2,800), Trade, Transportation & Utilities (+2,500), Leisure and Hospitality (+1,400), Professional & Business Services (+400), and Financial Activities (+100). The Manufacturing (-3,300), and Private Educational & Health Services (-600) sectors declined in November. Total nonfarm employment increased in November (+4,000).
Midwest Unemployment Rates
|
|
November 2014
|
October 2015
|
November 2015
|
Monthly Change
|
|
Indiana
|
5.9%
|
4.4%
|
4.4%
|
0.0%
|
|
U.S.
|
5.8%
|
5.0%
|
5.0%
|
0.0%
|
|
Illinois
|
6.2%
|
5.4%
|
5.7%
|
0.3%
|
|
Kentucky
|
5.5%
|
4.9%
|
4.9%
|
0.0%
|
|
Michigan
|
6.5%
|
5.0%
|
5.1%
|
0.1%
|
|
Ohio
|
5.2%
|
4.4%
|
4.5%
|
0.1%
|
EDITOR’S NOTES:
Data are sourced from November Current Employment Statistics, Local Area Unemployment Statistics – U.S. Bureau of Labor Statistics
Total private sector jobs were revised upward (+2,900) for October by the U.S. Bureau of Labor Statistics.
October employment data for Indiana Counties, Cities, and MSA’s will be available Monday, December 21, 2015 at 12 p.m. pending U.S. Bureau of Labor Statistics validation.
-30-
|
