Indiana’s unemployment rate rose slightly to 2.4% in June, according to the Indiana Department of Workforce Development (DWD). It was 2.2% in May.
By comparison, the national unemployment rate in June remained at 3.6%, holding steady from May.
In addition, Indiana’s labor force participation rate rose again, from 62.9% in May to 63.1% in June, remaining above the national rate of 62.2%. Indiana’s total labor force, which includes both Hoosiers employed and those seeking employment, is 3,378,333 — an increase of 13,632 from the previous month. This is the highest level since February 2020.
“For the third time in four months, Hoosiers have set a new record for private-sector employment in Indiana,” said DWD Interim Commissioner Josh Richardson. “And, as a sign of Indiana’s strong economic growth, employers still have near record numbers of job openings.”
Private sector employment in Indiana increased by 5,000 jobs over the last month, translating to a gain of 108,300 jobs from this time last year. Total private employment now stands at 2,765,700. Industries that experienced job increases in June included:
- Leisure and Hospitality (+6,700);
- Financial Activities (+500); and
- Manufacturing (+100).
As of July 18, 2022, there were 156,813 open job postings throughout the state. The number of people in Indiana that received unemployment benefits during June was 14,757.