The unemployment rate of the State of Indiana in June stood at 3.8%, according to the Indiana Department of Workforce Development. By comparison, the national unemployment rate for June stands at 4.1%.
In addition, Indiana’s labor force participation rate remained at 62.4% for June, remaining slightly below the national rate of 62.6%. This rate is the percentage of Hoosiers 16 and older that are either working or actively looking for work. Those not in the labor force include, primarily, students, retirees and other non-working populations, such as individuals unable to work due to a disability or illness, or adults responsible for their family’s childcare needs.
Indiana’s total labor force stands at 3,378,707 – an increase of 1,527 from the previous month.
Private sector employment in Indiana increased by 5,100 jobs over the last month. In June of 2024 Indiana saw a gain of 41,900 jobs over this time last year in 2023. Indiana’s June private employment stands at 2,854,800.
Industries that experienced job increases in June included:
- Private Educational & Health Services (+ 3,600);
- Construction (+1,700);
- Leisure and Hospitality (+1,600); and
- Professional and Business Services (+1,100); and
As of July 17, 2024, there were 96,433 open job postings throughout the state. As of the week ending on June 29, 2024, Indiana had 19,084 continued unemployment insurance claims filed.
