The Indiana Department of Workforce Development says Indiana's unemployment rate for August dropped to eight-point-one-percent, from eight-point-four in July, the largest one-month decrease since January 2011. The state added over six-thousand jobs in manufacturing, private education and health services, but the private sector as a whole decreased by 29-hundred jobs as losses in the trade, transportation and utilities, and construction sectors offset gains.
"The significant decrease in Indiana's unemployment rate in August is definitely encouraging, but the fact is too many Hoosiers are still unemployed," said Scott B. Sanders, Commissioner of the Indiana Department of Workforce Development. "This underscores the need to bring unemployed individuals into WorkOne following their fourth week of receiving benefits. It is vital we get folks on the path to reemployment as soon as possible."
Sanders also noted initial claims for unemployment insurance this year are still at their lowest levels since 2000.
Employment by Sector
Sectors showing gains in August include: Manufacturing (3,000), Private Educational & Health Services (3,000), and Financial Activities (900). The Trade, Transportation & Utilities (-4,900), Construction (-1,900), Professional and Business Services (-1,800), and Leisure and Hospitality (-300) sectors showed declines. Total non-farm employment increased in August (6,500).
NOTE: Private sector jobs were revised downward (-4,200) for July by the U.S. Bureau of Labor Statistics. The September 2013 Employment Report will be released on Tuesday, October 22, 2013.