Indiana’s unemployment rate stands at 4.1 percent for June, and the national rate is 5.9 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 4,148 over the previous month. This was a result of an increase of 3,014 unemployed residents and an increase of 1,134 employed residents.
Indiana‘s total labor force, which includes both Hoosiers employed and those seeking employment, stands at 3.35 million, and the state’s 63.2 percent labor force participation rate remains above the national rate of 61.6 percent.
Employment by Sector
Private sector employment has increased by 123,500 over the year and increased by 8,900 over the previous month. The monthly increase is primarily due to gains in the Leisure and Hospitality (8,300) and the Manufacturing (4,400) sectors. Gains were offset by losses in the Professional and Business Services (-2,900) and the Construction (-1,900) sectors. Total private employment stands at 2,628,600, which is 111,900 below the December 2019 peak.
