Indiana’s June unemployment rate at 2.4 percent

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Image by pasja1000 from Pixabay

Indiana’s unemployment rate in June stands at 2.4%, according to the Indiana Department of Workforce Development. By comparison, the national unemployment rate in June remains 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, stands at 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.

Individuals looking for work are encouraged to visit www.NextLevelJobs.org.

1 COMMENT

  1. These numbers still ignore all the people who have dropped out of the labor force post COVID or who have been unemployed for so long that they have fallen off the totals. Remember, when unemployment runs out you’re not unemployed anymore!

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