August 19, 2016

Indiana's Unemployment Rate Dropped Again In July

Indiana's unemployment rate has gone down for three consecutive months. - stock photo

Indiana's unemployment rate has gone down for three consecutive months.

stock photo

INDIANAPOLIS -- Indiana’s unemployment declined in July, the third consecutive month the rate went down. The rate is now the lowest it’s been since the start of the year.

More than 11,000 Hoosiers found jobs in the private sector in July, pushing Indiana’s unemployment rate down to 4.6 percent. The rate has dropped .2 percent the last three months. That’s the longest period of sustained decline since the first half of 2015.

July’s employment gains were boosted largely by the professional and business sector, while leisure and hospitality jobs saw a significant drop. Indiana’s unemployment rate is lower than the national average and all neighboring states, except for Michigan.

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