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Indiana Unemployment Rate Drops To Lowest Since Recession

The state's unemployment rate fell to 7.5 percent in October, down from 8.1 percent in August.

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Photo: Jasont82 (Wikimedia)

Indiana's unemployment rate has dropped below 8 percent for the first time since November 2008

Indiana’s unemployment rate fell to 7.5 percent last month, down from 8.4 percent in July.

The drop was the biggest three-month decline in 20 years and the lowest rate since November 2008.  In that three months, the state’s private sector created 6,600 jobs.

Last month’s growth was led by a surge in manufacturing as Indiana added the fourth most manufacturing jobs in the nation in October.

In a statement, Governor Mike Pence applauded the latest numbers, saying the state’s policies helped create an atmosphere for companies to invest and add jobs.

“Our progress in education and workforce is attracting renewed interest in investment in Indiana,” Pence said. “Because of our efforts, Indiana’s private sector job growth continues to significantly outpace the national average.”

However, Pence warns of complacence, saying too many Hoosiers are still struggling.

Brandon Smith, IPBS

Brandon Smith, IPBS has previously worked as a reporter and anchor for KBIA Radio in Columbia, MO, and at WSPY Radio in Plano, IL as a show host, reporter, producer and anchor. Brandon graduated from the University of Missouri-Columbia with a Bachelor of Journalism in 2010, with minors in political science and history. He was born and raised in Chicago.

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