State adds jobs in manufacturing, but unemployment rate ticks up

Keywords Unemployment
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The state added 5,300 private-sector jobs in June—the third straight month of increases—but the unemployment rate ticked up a tenth of a percent, to 8.4 percent, the Indiana Department of Workforce Development reported Thursday afternoon.

Most of the job growth came from the manufacturing sector, which expanded by 4,300 jobs over the month, marking the largest one-month jump in manufacturing since August 2004. Indiana has the largest percentage of manufacturing jobs as a portion of the private sector in the nation.

The state added jobs for the 38th time in the past 41 months, the department said.

June's seasonally adjusted employment total in the state rose 0.6 percent over May, to 2,924,911, but the number of unemployed jumped 8.1 percent, to 277,385.

The Indianapolis-Carmel metropolitan area saw unemployment rise to 7.9 percent on a non-seasonal-adjusted basis, up from 7.4 percent in May, but level with June 2012. Metro area figures are more reliable on a year-over-year basis due to seasonal fluctuations.

Indiana’s unemployment rate in June was lower than the rates in Illinois (9.2 percent) and Michigan (8.7 percent), the same as Kentucky’s rate (8.4 percent) and higher than the rates in Ohio (7.2 percent) and the nation (7.6 percent).
 

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