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[DWD] April 2015 Indiana Employment Report |
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Entry Description
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For Immediate Release | May 27, 2015
Contact: Joe Frank
Phone: 317-234-7671
Email: jfrank@dwd.in.gov
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April 2015 Indiana Employment Report
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INDIANAPOLIS (May 27, 2015) – Indiana’s unemployment rate declined by 0.4 percent to 5.4 percent in April. The state’s unemployment rate has decreased by 2.1 percent over the past two years, while the Hoosier labor force has grown by roughly 63,000 individuals during the same period.
Private sector employment in the Hoosier State grew by 10,600 jobs in April, led mainly by increases in the Trade, Transportation, & Utilities (+6,400), Professional & Business Services (+2,500), and Construction (+2,400) sectors. Since January 2013, Indiana has added nearly 112,000 private sector jobs, and more than 281,000 since July, 2009, the low point of employment in the state. Monthly private sector increases have averaged 4,000 per month over the past two years.
Indiana is now just 7,800 private sector jobs shy of the all-time peak of employment, which occurred in March of 2000.
“Indiana’s sizable gains in the Construction sector in April are definitely a positive indicator of economic growth as we move into the summer months,” said Steven J. Braun, Commissioner of the Indiana Department of Workforce Development. “Additionally, continuing claims for unemployment insurance remain at their lowest levels in 15 years, which has also been a solidly increasing trend over the past couple years, signifying Hoosiers are returning to work at a substantial rate.”
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Employment by Sector
Sectors showing gains in April include: Trade, Transportation &Utilities (6,400), Professional and Business Services (2,500), Construction (2,400), Leisure and Hospitality (1,200), and Private Educational & Health Services (700). The Financial Activities (-1,200), and Manufacturing (-300) sectors declined in April. Total nonfarm employment increased in April (11,600).
Midwest Unemployment Rates
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April 2014 |
March 2015 |
April 2015 |
Monthly Change |
Indiana |
6.0%
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5.8%
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5.4%
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-0.4%
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U.S. |
6.2%
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5.5%
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5.4%
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-0.1%
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Illinois |
7.4%
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6.0% |
6.0%
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0.0%
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Kentucky |
7.0%
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5.1%
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5.0%
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-0.1%
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Michigan |
7.5%
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5.6%
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5.4%
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-0.2%
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Ohio |
5.9%
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5.1%
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5.2%
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0.1%
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EDITOR'S NOTE: Total private sector jobs were revised upward (+6,300) for March by the U.S. Bureau of Labor Statistics. April employment data for Indiana Counties, Cities, and MSA’s will be available Thurs, May 28, 2015 at 12 p.m. pending U.S. Bureau of Labor Statistics validation.
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-30-
Media Contact: Joe Frank, 317-234-7671 jfrank@dwd.in.gov
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Entry Category: Announcements |
IN.gov Category: Business & Agriculture |
Agency Name Workforce Development, Indiana Department of |
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