Hoosier Economy Indiana April unemployment report shows significant declines

Indiana April unemployment report shows significant declines

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On Thursday, the Indiana Department of Workforce Development (DWD) announced Indiana’s April unemployment rate dropped to 5.4 percent, a 0.4 percent decrease from March’s mark.

The governor and the DWD cite growth in private sector employment and an overall employment growth rate reaching “historic” levels as the main causes for the decline in the state unemployment rate. However, research organizations like the Indiana Institute for Working Families note that  additional data should be considered– such as labor force participation rate and future labor force growth – when interpreting the most recent unemployment numbers. Their analysis can be found here>>

The national unemployment rate dropped slightly to 5.4 percent, a 0.1 percent decline from March. Kentucky and Michigan both saw declines in unemployment for April, with Kentucky dropping 0.1 percent to 5.0 percent overall and Michigan dropping 0.2 percent to 5.4 percent overall. Illinois’ unemployment remained unchanged at 6.0 percent from March to April, and Ohio experienced slight increase of 0.1 percent to 5.2 percent respectively. Of the five Midwestern states included in the report, Indiana has seen the smallest decline in overall unemployment since April 2014.

IN County with the highest unemployment rate: Vermillion at 6.9%
IN County with the lowest unemployment rate: Dubois at 2.9%

Employment Report (LAUS)

Jobs Report (CES)