Indiana mSA’S Unemployment Rate At 4.5% In September

The seasonally adjusted unemployment rate for the Indiana Micropolitan Statistical Area (mSA) was down by nine-tenths of a percentage point over the month to 4.5 percent in September 2022. The statewide rate was down by a tenth of a point to 4.1 percent while the national rate fell by two-tenths of a point from August to 3.5 percent. Over the year the local rate was down 2.6 percentage points.

Total nonfarm jobs (not seasonally adjusted) in the Indiana mSA were up 2,000 to 29,600 in September. Jobs in all nine published supersectors were essentially unchanged or up over the month in all nine published supersectors. The largest movement was a seasonal increase of 1,400 government jobs as the new academic year began. No other supersectors changed by more than 300 jobs over the month. Over the year the largest movement was an increase of 300 leisure & hospitality jobs.