Overall unemployment rate moved down to 3.7% with the biggest shift in Government, which gained 13,000 roles, based on the most recently available information published in September 2021.
Total employment in the Indianapolis-Carmel-Anderson, IN market rose by 983 jobs in August and the unemployment rate decreased compared to the prior month by 40 bps to 3.7%. The national unemployment rate decreased by 38 bps over the same time to 5.3%.
- Indianapolis-Carmel-Anderson, IN unemployment rate is 159 bps below the national rate which is a positive sign.
- Unemployment in the market is 360 bps below the unemployment rate in the market last year at this time, which is a positive.
- Average wages (per hour) grew in August versus prior month by 2.1% and are down compared to last year at this time in the market.
For key employment segments of the market, total jobs grew by 1.3% . Key sectors include:
- Transportation & Utilities: 229,500; -2,000
- Business Services: 171,400; +1,300
- Education & Healthcare: 161,700; +100
- Government: 138,600; +13,000
- Restaurants & Hotels: 98,300; -300
- Manufacturing: 95,200; +300
- Financial Services: 72,100; +1,100
- Construction, Mining: 63,400; +200
- Other Jobs: 40,100; -300
- IT & Development: 11,600; +100
Data is based on the most recent 12 months available, through August 2021 (Data published September 2021 and reports created on September 29, 2021). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.