INDIANAPOLIS− The unemployment rate of the state of Indiana in August stood at 4.2%, according to the Indiana Department of Workforce Development. By comparison, the national unemployment rate for August was also at 4.2%.
In addition, Indiana’s labor force participation rate is 62.7% equal to the national rate of 62.7%. This rate is the percentage of Hoosiers 16 and older that are either working or actively looking for work. Those not in the labor force include, primarily, students, retirees and other non-working populations, such as individuals unable to work due to a disability or illness, or adults responsible for their family’s childcare needs. Indiana’s total labor force stands at 3,398,064.
August 2024 total private employment is 607,500, an increase from the previous month. In August of 2024 Indiana reported 2,887,100 jobs, a new private employment peak.
Industries that experienced job increases in August included:
- Manufacturing (+ 1,800);
- Construction (+ 1,800);
- Trade, Transportation & Utilities (+1,200);
- Leisure & Hospitality (+ 1,100); and
- Private Education & Health Services (+1,000).
As of September 16, 2024, there were 89,103 open job postings throughout the state. As of the week ending on August 31, 2024, Indiana had 21,828 continued unemployment insurance claims filed.
Individuals looking for work, training or career information are encouraged to visit in.gov/dwd/job-seekers.