Overall unemployment rate moved up to 4.3% with the biggest shift in Transportation & Utilities, which gained 3,800 roles, based on the most recently available information published in June 2021.
Total employment in the Indianapolis-Carmel-Anderson, IN market rose by 8,263 jobs in May and the unemployment rate increased compared to the prior month by 10 bps to 4.3%. The national unemployment rate decreased by 25 bps over the same time to 5.5%.
- Indianapolis-Carmel-Anderson, IN unemployment rate is 120 bps below the national rate which is a positive sign.
- Unemployment in the market is 590 bps below the unemployment rate in the market last year at this time, which is a positive.
- Average wages (per hour) grew in May versus prior month by 1.6% and are down compared to last year at this time in the market.
For key employment segments of the market, total jobs grew by 0.8% . Key sectors include:
- Transportation & Utilities: 227,700; +3,800
- Education & Healthcare: 164,400; -100
- Business Services: 162,900; +400
- Government: 135,100; -500
- Restaurants & Hotels: 95,900; +2,900
- Manufacturing: 92,300; -300
- Financial Services: 71,400; +700
- Construction, Mining: 64,500; +1,300
- Other Jobs: 39,100; -200
- IT & Development: 11,600; no change
Data is based on the most recent 12 months available, through May 2021 (Data published June 2021 and reports created on June 30, 2021). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.