NewsPublic Affairs / July 20, 2018

Indiana Unemployment Rate Rises For First Time In Nearly A Year

The rate increased a 0.01 percent, up to 3.3 percent in June. That’s the first time it’s gone up since July last year.unemployment rate2018-07-20T00:00:00-04:00
Original story from   IPBS-RJC

Article origination IPBS-RJC
Indiana Unemployment Rate Rises For First Time In Nearly A Year

Indiana Unemployment Rate Rises For First Time In Nearly A Year

Brandon Smith

Indiana’s unemployment rate ticked up last month for the first time in nearly a year.

The rate increased 0.1 percent, up to 3.3 percent in June. That’s the first time it’s gone up since July last year.

The private sector also shed jobs last month – 2,500 lost positions, most coming from the private educational and health services sector.

But the state’s labor force grew, in a strong sign of optimism in the Hoosier economy. The labor force counts both people who have a job and those actively looking for one. It grew by nearly 15,000 people in June.

That’s five consecutive months of growth – the longest such stretch in about a year.

 

 

Related News

Tipmont REMC Acquires Wintek With Plans To Expand Rural Broadband
Indiana Tax Revenues Still On Track Through November
Evansville Diocese To Release Abusive Priests' Names In 2019