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Indiana’s July 2023 Employment Report released

Tuesday, August 22, 2023 at 12:32 PM

indiana-s-july-2023-employment-report-released

Indiana’s unemployment rate in July stands at 3.3%, according to the Indiana Department of Workforce Development. By comparison, the national unemployment rate for July stands at 3.5%.

In addition, Indiana’s labor force participation rate held at 63.6% for July, remaining above the national rate of 62.6%. Indiana’s total labor force, which includes both Hoosiers employed and those seeking employment, stands at 3,429,834 - an increase of 955 from the previous month.

Private sector employment in Indiana increased by 12,200 jobs over the last month, resulting in a gain of 52,900 jobs from this time last year. Indiana's July private employment stands at 2,847,200, making this Indiana's new private sector employment peak.

Industries that experienced job increases in July included: 

Professional and Business Services (+4,600) Financial activities (+2,100) Leisure and Hospitality (+2,100) Private educational and Health services (+1,600) Manufacturing (+1,000) Construction (+300)

As of Aug. 17, there were 104,940 open job postings throughout the state. In July, 15,080 unemployment insurance claims were filed in Indiana.

Individuals looking for work, training or career information are encouraged to visit in.gov/dwd/job-seekers.

 

 

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