United States Employment Snapshot
In May, among the 50 states and the District of Columbia unemployment fell in 13, rose in 17, and remained unchanged in 21.
The highest unemployment rate was 5.3 percent in District of Columbia, and the lowest was 2 percent in North Dakota and South Dakota. Nationally, the unemployment rate rose by 0.1 percentage point to 4 percent.
In May, payroll jobs rose in 42 states and fell in 9. The largest payroll job percent increase was 0.9 percent in Idaho. The largest payroll job percent decline was 0.3 percent in Minnesota.
Indiana Employment Snapshot
In May, Indiana added 5,100 net payroll jobs and the unemployment rate rose by 0.1 percentage point to 3.7 percent. In the prior month, Indiana lost 800 net payroll jobs.
Over the past 12 months, Indiana added 45,200 net payroll jobs and the unemployment rate rose by 0.5 percentage points from 3.2 percent.
Nationally, nonfarm payrolls rose by 272,000 in May, or 0.2 percent. Indiana is tied for 31st in the nation for percentage gain in nonfarm payroll employment over the past 12 months.
In May, Indiana’s private sector added 3,400 net private payroll jobs, and over the past 12 months it added 36,100 private payroll jobs. In the prior month, Indiana lost 1,200 net private payroll jobs.
In May, employment in Indiana fell by 4,722, and over the past 12 months it fell by 38,192.
Indiana’s labor force participation rate fell to 62.4 percent in May from 62.5 percent and ranks 31st in the nation. In the past 12 months, the labor force participation rate has fallen by 0.9 percentage points.
Indiana Payroll Employment
Indiana added 5,100 net payroll jobs, or 0.2 percent, on a seasonally adjusted basis during May. In the prior month, Indiana lost 800 jobs. Indiana nonfarm payroll employment has increased in 10 of the past 12 months.
Nationally, nonfarm payrolls rose by 272,000 in May, or 0.2 percent. Indiana is tied for 31st in the nation for percentage gain in nonfarm payroll employment over the past 12 months.
Indiana added 3,400 private sector jobs, or 0.1 percent. on a seasonally adjusted basis during May. In the prior month, Indiana lost 1,200 jobs. Indiana private sector payroll employment has increased in 9 of the past 12 months.
Nationally, private sector payroll jobs rose by 229,000 jobs in May, or 0.2 percent. Indiana is tied for 27th in the nation for percentage gain in private sector payroll employment over the past 12 months.
The best performing sectors on a seasonally adjusted basis during May were Government (1,700) and Professional and Business Services (1,600).
The poorest performing sectors during the month were Other Services (-100) and Manufacturing (-1,000).
The best performing sectors during the last 12 months were Education and Health Services (19,000) and Government (9,100).
The poorest performing sectors during the last 12 months were Information (-100) and Manufacturing (-3,700).
Indiana Labor Force
The labor force participation rate is the percentage of the civilian noninstitutionalized population age 16 and older who are employed or actively looking for work.
The labor force participation rate in Indiana fell to 62.4 percent in May from 62.5 percent in the prior month.
Indiana ranks 31st in the nation.
The 10-year high for the labor force participation rate in Indiana was 65.2 percent occurring in July 2018, and the 10-year low was 60.9 percent in April 2020.
The national labor force participation rate fell by 0.2 percentage points to 62.5 percent in May.