The unemployment rate decreased to 4.9 percent last month, marking the first time it’s dropped below 5 percent since February 2008.
The Hoosier State’s unemployment rate decreased to 4.9 percent last month — the first time it’s been below 5 percent since February 2008.
Indiana had its largest decrease in the unemployment rate in more than 20 years in April, falling from 5.8 to 5.4 percent.
IU will make a "major announcement" today about an athletics donation; the national unemployment report for May is out today. Read more in our morning roundup.
While the private sector added about 16,000 jobs over the last three months, 18,000 people left the state's labor force.
April numbers put the state's unemployment rate at its lowest level since 2008.
The Hoosier unemployment rate fell one-tenth of a percent to 5.8 percent in March, the second month in a row the rate went down.
After four months without a decrease in unemployment, Indiana’s rate fell below 6 percent in February.
Over the last two years the state added new jobs in all but five months. But the state’s labor force grew last month, leading to a higher unemployment rate.
Hundreds of school bus drivers are being required to pay back unemployment benefits they received over the past three summers.