WASHINGTON, DC – Joint Economic Committee Chairman Dan Coats (R-Ind.) today released the following statement praising Indiana’s August employment numbers reported by the U.S. Bureau of Labor Statistics:
“Indiana continues to demonstrate that pro-growth policies lead to an economic climate that attracts businesses and jobs. Today’s numbers show Indiana is a great place to do business. Our jobless rate continues to decrease and our labor force participation continues to grow. “These numbers reflect what Hoosiers know to be true—Indiana’s economy is a model for the nation. On a national level, the burdens of our country’s debt obligations and onerous regulations must be addressed to ensure Hoosier workers can fully unleash their potential.”
Details about Indiana’s August Employment Numbers
- Indiana’s unemployment rate fell to 4.6% in August from 4.7% in July.
- The labor force participation rate for Hoosiers increased 0.1 percentage point to 63.6%.
- In August, the jobless rate went down in 29 states, including Indiana.
- Nonfarm payroll jobs grew in Indiana by 6,700.