Mon August 18, 2014
Unemployment rate steady in Indiana
The unemployment rate is holding steady in Indiana.
The Department of Workplace Development says the Hoosier State gained almost 10,000 private sector jobs in July, while the jobless rate held steady at 5.9 percent.
A news release from Workforce Development says the rate didn’t change mainly because of another sizeable increase in the labor force. The state’s labor force has grown by more than 54,000 over the past year.
Indiana’s jobless rate is still below the national rate of 6.2 percent.
The state’s job gains were largely concentrated in the manufacturing sector. Indiana has added more than 66,000 private sector jobs in the past year and 244,000 since July, 2009, the low point of employment during the recession.