Overall unemployment rate stayed flat at 2.6% with the biggest shift in Transportation & Utilities, which gained 3,600 roles, based on the most recently available information published in January 2022.
Total employment in the Indianapolis-Carmel-Anderson, IN market rose by 3,153 jobs in November and the unemployment rate stayed flat. The national unemployment rate decreased by 4 bps over the same time to 3.4%.
- Indianapolis-Carmel-Anderson, IN unemployment rate is 76 bps below the national rate which is a positive sign.
- Unemployment in the market is 50 bps above the unemployment rate in the market last year at this time, which is a negative.
- Average wages (per hour) declined in November versus prior month by -3.8% and are down compared to last year at this time in the market.
For key employment segments of the market, total jobs grew by 0.4% . Key sectors include:
- Transportation & Utilities: 250,700; +3,600
- Business Services: 186,000; -200
- Education & Healthcare: 166,900; -100
- Government: 139,200; +1,600
- Restaurants & Hotels: 102,800; -1,200
- Manufacturing: 96,100; +1,200
- Financial Services: 78,200; +300
- Construction, Mining: 64,200; -1,400
- Other Jobs: 42,000; +400
Data is based on the most recent 12 months available, through November 2022 (Data published January 2022 and reports created on January 3, 2022). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.