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Indiana Unemployment Declines Along With Private Sector Jobs

Indiana's unemployment rate decreased to 8.2 percent, but the private sector also lost 6,000 jobs.

work one office

Photo: Work One

A Work One office, a part of the Indiana Department of Workforce Development.

Indiana’s private sector lost nearly 6,000 jobs in September, the first decline in nearly a year, yet the state’s employment rate also fell for the first time since April from 8.3 percent in August to 8.2 percent in September.

That is a change from recent trends. Indiana’s unemployment rate had gone up or held steady for the past five months while, at the same time, the private sector created jobs.

University of Indianapolis economist Matt Will says while September’s jobs report is not positive, it also is not time to panic. Will says month-to-month employment data tends to be inaccurate and that, to get a good picture, you have to look at trends.

“If for two or three months we see private sector jobs declining, then I’d be concerned,” he says. “Right now, it’s an anomaly. I would not be that concerned about it.”

Will says part of the reason Indiana’s unemployment rate dropped last month was a decline in the number of people looking for work. He says that is happening nationwide and could indicate trouble in the future.

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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