Indiana Unemployment Rate Increases in July

Friday, August 18, 2023 at 10:07 AM

By Indiana Department of Workforce Development, news release

The state's jobless rate remains slightly below the national average.

Shutterstock photo.

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

In addition, Indiana’s labor force participation rate held at 63.6 percent for July, remaining above the national rate of 62.6 percent. 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); and
  • Construction (+300).

As of August 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.

July 2023 Employment Snapshot

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