Indiana’s unemployment rate dropped last month to its lowest level in more than 16 years. Yet the private sector lost a significant number of jobs in April.
Indiana's unemployment rate declined despite March’s private sector job losses.
The Hoosier unemployment rate ticked up by one-tenth of a percent to 4.1 percent last month.
Indiana’s unemployment rate declined more over the last year than any neighboring state.
Indiana’s unemployment rate fell to 4 percent last month, its lowest level in more than 15 years.
The state’s private sector added 5,600 jobs in August – the fifth consecutive month of private sector job growth.
The increase in the unemployment rate – while the state added 12,000 jobs at the same time – is explained by a surge in labor force participation.
State officials say the increase in the unemployment rate was sparked by an increase in the number of people reentering the job hunt.
State officials say the rise in the unemployment rate can be attributed to an increase in the number of people seeking jobs.
As the state creates more jobs, more people are entering the labor force, keeping the unemployment rate just below 6 percent.