labor force

Indiana’s private sector had struggled this year, shedding jobs four out of five months heading into May. That included April’s losses, the largest single month decline in years.

But the private sector added 2,500 jobs last month, buoyed by growth in the private educational and health services and construction sectors.

Indiana Unemployment Rate Lowest Since Early 2001

May 19, 2017

The unemployment rate declined in April for the second consecutive month, down 0.3 of a percent to 3.6 percent. That’s the biggest single month drop since late 2010. And 3.6 percent is the lowest rate since February 2001.

But the Hoosier private sector lost 9,300 jobs last month. That’s the largest single month decline since June 2009. The losses were led by the manufacturing and private educational and health services sectors. And the private sector has now shed jobs four of the last five months.