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State Unemployment Falls To 4.5 Percent In September

By Brandon Smith

Posted October 20, 2015

Indiana's unemployment rate has dipped to 4.5 percent - its lowest level since July 2007.

The Hoosier State's private sector rebounded from August job losses to add 6,600 jobs last month.

The number of Hoosiers working or actively looking for work has increased more than any other Midwest state over the last two years, though the rate of the Indiana population's participation in the labor force is middle of the pack among the state's neighbors.

In a statement, Gov. Mike Pence called the latest numbers a "source of encouragement."

"More Hoosiers are working than ever before in state history," Pence said. "And the fact that our labor force participation rates are outpacing national averages is a testament to Indiana's growing economy."

The State Democratic Party leveled a familiar criticism at the governor, noting that job creation numbers are undercut by a continued decline in wages, blaming Pence for Indiana's rank at 46th in quality of life in a CNBC business climate analysis.

The U.S. unemployment rate for the month of September was 5.1 percent.

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State Unemployment Falls To 4.5 Percent In September

By Brandon Smith

Posted October 20, 2015

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