The state’s jobless
rate in May dropped by more than four points, down to 12.3 percent from 16.9
percent in April (3.3 percent in May 2019), the Indiana Department of
Workforce Development (DWD) is reporting.
force in May had a net decrease of 110,780 from April. This was a result of
a decrease of 156,903 unemployed residents and an increase of 267,683
labor force, which includes both Hoosiers who are employed and those seeking
employment, stands at 3.33 million, while the state’s 63.2-percent labor
force participation rate is above the national rate of 60.8 percent.
employment has decreased by 315,000 over the year, but in May increased by
90,100 over April. The monthly increase is chiefly due to gains in leisure
and hospitality (+34,700); manufacturing (+18,100); and private education
and health services (+10,700).
stands at 2,422,800, which is well below the January 2019 peak of 326, 500.
DWD will release
county and municipal unemployment rates for May on Monday.