INDIANA mSA’S UNEMPLOYMENT RATE AT 5.4% IN AUGUST

The seasonally adjusted unemployment rate for the Indiana Micropolitan Statistical Area (mSA) rose six-tenths of a percentage point over the month to 5.4 percent in August 2022. The statewide rate edged down by a tenth of a point to 4.2 percent while the national rate rose by two-tenths of a point from July to 3.7 percent. Over the year the local rate was down 1.8 percentage points.

Total nonfarm jobs (not seasonally adjusted) in the Indiana mSA were essentially unchanged at 27,600 in August. Jobs in all nine published supersectors were essentially unchanged over the month. Over the year, government jobs declined by 300.