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Indiana’s Unemployment Rate Falls Below 6 Percent

Indiana's unemployment rate fell to 5.9 percent in March, according to figures from the Department of Workforce Development.

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Photo: Kate Hiscock (Flickr)

Hoosiers looking for jobs could be more likely to find them as employers boost their hiring.

Indiana’s unemployment rate is below 6 percent for the first time in nearly six years as the private sector continues to add jobs in 2014.

The state’s unemployment rate dropped 2 percent in the last year, falling to 5.9 percent last month. That’s the third largest drop in the country over the last 12 months.

The unemployment rate is also at its lowest since July of 2008.

The private sector added 3,200  jobs in March, pushing the 2014 job creation totals above 25,000.

Department of Workforce Development Commissioner Scott Sanders calls the numbers “remarkable” and notes unemployment claims last month were at their lowest level since before the recession.

The job creation gains last month were notably boosted by the Leisure and Hospitality sector, likely aided by college basketball tournaments in Indianapolis and Evansville.

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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  • wigglwagon

    It is time to completely do away with the current unemployment statistics. Politicians and bought and paid for economists have distorted that one statistic so much that it is no longer meaningful as an indicator of economic prosperity.

    We need to replace it with two new statistics. The first should be the number people with full time jobs. To qualify as a full time job, it should be at least 40 hours a week paying at least minimum wage plus 20% and include major medical insurance for the family and a retirement plan. The second statistic should be all part time jobs including those that do not qualify as full time.

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