August Indiana Employment Report

INDIANAPOLIS (September 17, 2021) – Indiana’s unemployment rate remains unchanged at 4.1 percent for August, and the national rate is 5.2 percent. The monthly unemployment rate is a U.S. Bureau of Labor Statistics (BLS) indicator that reflects the number of unemployed people seeking employment within the prior four weeks as a percentage of the labor force.

Indiana’s labor force had a net decrease of 2,499 over the previous month. This was a result of a decrease of 813 unemployed residents and a decrease of 1,686 employed residents. 

Indiana’s total labor force, which includes both Hoosiers employed and those seeking employment, stands at 3.34 million, and the state’s 63.1 percent labor force participation rate remains above the national rate of 61.7 percent.

Learn more about how unemployment rates are calculated here: http://www.hoosierdata.in.gov/infographics/employment-status.asp.

August 2021 Employment Charts

Employment by Sector

Private sector employment has increased by 72,700 over the year and decreased by 3,400 over the previous month. The monthly decrease is primarily due to losses in the Manufacturing (-4,300) and the Leisure and Hospitality (-2,400) sectors. Losses were offset by gains in the Private Educational and Health Services (1,900) and the All Other, which includes Mining, Logging, Information, and other services except Public Administration (1,100) sectors. Total private employment stands at 2,648,800, which is 91,700 below the December 2019 peak.

Midwest Unemployment Rates

August 2021 Midwest Unemployment Rates

About Brian Scott

I play on the radio from 7 am -1 pm weekdays on 98.9 FM WYRZ and WYRZ.org. Follow me on twitter @WYRZBrianScott or e-mail me at brian@wyrz.org.

Check Also

Expanded tax benefits help individuals and businesses give to charity during 2021; deductions up to $600 available for cash donations by non-itemizers

WASHINGTON – The Internal Revenue Service today explained how expanded tax benefits can help both …

Leave a Reply

Your email address will not be published. Required fields are marked *

RCAST.NET