Overall unemployment rate moved up to 4.5% with the biggest shift in Government, which lost 5,800 roles, based on the most recently available information published in July 2021.
Total employment in the Indianapolis-Carmel-Anderson, IN market rose by 5,726 jobs in June and the unemployment rate increased compared to the prior month by 10 bps to 4.5%. The national unemployment rate increased by 60 bps over the same time to 6.1%.
- Indianapolis-Carmel-Anderson, IN unemployment rate is 159 bps below the national rate which is a positive sign.
- Unemployment in the market is 530 bps below the unemployment rate in the market last year at this time, which is a positive.
- Average wages (per hour) grew in June versus prior month by 3.3% and are down compared to last year at this time in the market.
For key employment segments of the market, total jobs grew by 0.1% . Key sectors include:
- Transportation & Utilities: 229,700; +2,000
- Business Services: 165,700; +3,000
- Education & Healthcare: 162,600; -1,400
- Government: 131,600; -5,800
- Restaurants & Hotels: 96,900; +800
- Manufacturing: 94,300; +1,900
- Financial Services: 71,300; -100
- Construction, Mining: 64,300; -100
- Other Jobs: 40,100; +1,000
- IT & Development: 11,600; no change
Data is based on the most recent 12 months available, through June 2021 (Data published July 2021 and reports created on July 28, 2021). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.