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May 2020 Indiana Employment Report

All key sectors grew in the month of May

INDIANAPOLIS (June 19, 2020) – Indiana’s unemployment rate drops to 12.3 percent for May and is lower than the national rate of 13.3 percent. The monthly unemployment rate is a U.S. Bureau of Labor Statistics (BLS) indicator that reflects the number of unemployed people seeking employment within the prior four weeks as a percentage of the labor force.

Indiana’s labor force had a net increase of 110,780 over the previous month. This was a result of a decrease of 156,903 unemployed residents and an increase of 267,683 employed residents. Indiana's total labor force, which includes both Hoosiers employed and those seeking employment, stands at 3.33 million, and the state’s 63.2 percent labor force participation rate is above the national rate of 60.8 percent.

Learn more about how unemployment rates are calculated here.

Employment by Sector

Private sector employment has decreased by 315,000 over the year and increased by 90,100 over the previous month. The monthly increase is primarily due to gains in the Leisure and Hospitality (34,700), the Manufacturing (18,100) and the Private Education and Health Services (10,700) sectors. Total private employment stands at 2,422,800, which is 326,500 below the January 2019 peak.

Midwest Unemployment Rates

Table of the May 2020 employment rate for IN and other locations. Shows employment rates for current and previous 2 months along with Monthly and Yearly Change. For specific details on this data reach out to DWDMedia@dwd.in.gov. Use the link associated with this image to read the full report.

EDITOR’S NOTES:

Data are sourced from May Current Employment Statistics, Local Area Unemployment Statistics – U.S. Bureau of Labor Statistics

May employment data for Indiana Counties, Cities and MSAs will be available Monday, June 22, 2020, at noon (Eastern) pending U.S. Bureau of Labor Statistics validation.