INDIANAPOLIS - Indiana continued to see modest private sector growth in May with 6,300 additional jobs. The state's private sector employment has grown by 2.1 percent since December 2009, with a total gain of 47,900 jobs. That accounts for 10 percent of total U.S. private sector employment growth during the five-month period (Indiana has 2 percent of the country's population). Indiana's preliminary seasonally-adjusted unemployment rate remained unchanged at 10.0 percent due to the continued return of Hoosiers to the labor force.
"It is welcome news that private sector employment grew in Indiana for the fifth consecutive month," said Mark W. Everson, Commissioner of the Indiana Department of Workforce Development. "Since the start of the year, one in ten of all jobs created across the country were in Indiana. While unemployment is still too high, we are seeing a sharp drop in new unemployment claims, a 32 percent decline over the past year."
The growth of 6,300 jobs in the private sector included the following significant sector employment increases: Professional and Business Services (5,700), Private Education and Health Services (2,600), and Manufacturing (2,200). Sectors reporting employment declines include: Trade, Transportation and Utilities (-2,600), Construction (-2,600) and Financial Activities (-1,000). The impact of short-term U.S. Census hiring accounted for an additional 5,200 jobs in the government sector, increasing the seasonally-adjusted total non-farm employment in Indiana by 11,500 for May.
Indiana continues to report the lowest unemployment rate of its neighboring states.
|
|
May 2009 |
April 2010 |
May 2010 |
Monthly Change |
Yearly Change |
|
Indiana |
10.6% |
10.0% |
10.0% |
0.0% |
-0.6% |
|
U.S. |
9.4% |
9.9% |
9.7% |
-0.2% |
0.3% |
|
Illinois |
10.0% |
11.2% |
10.8% |
-0.4% |
0.8% |
|
Kentucky |
10.6% |
10.6% |
10.4% |
-0.2% |
-0.2% |
|
Ohio |
10.3% |
10.9% |
10.7% |
-0.2% |
0.4% |
|
Michigan |
13.6% |
14.0% |
13.6% |
-0.4% |
0.0% |
EDITORS NOTE: the June 2010 Employment Report will be released on Tuesday, July 20, 2010.
Links to the data used to compile the monthly employment report are listed below:
Employment Report (LAUS)
Jobs Report (CES)
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