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[DWD] March 2014 Employment Report
Start Date: 4/18/2014
End Date: 4/18/2014
Entry Description

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For Immediate Release | April 21, 2014
Contact: Joe Frank
Phone: 317-234-7671
Email: jfrank@dwd.in.gov

 
 
 

March 2014 Indiana Employment Report (Updated with County and MSA Data)

   

INDIANAPOLIS (April 21, 2014) – Indiana's seasonally-adjusted unemployment rate continued to drop further below the national rate in March. At 5.9 percent, the rate of unemployment in the Hoosier State is now at its lowest point since July 2008 and has declined by 2 percent over the year, which was the third largest decline in the nation.

  

Indiana's labor force increased again in March, marking the sixth straight month of labor force increases. The Hoosier labor force has grown by more than 25,000 in the first quarter of 2014.  

 

The Hoosier State added 3,200 private sector jobs in March. Indiana ranks eighth in the nation in total private sector job growth since July, 2009, the low point of employment in the state. During that time, Indiana has grown 215,500 private sector jobs. Over the past year, Indiana's manufacturing job growth of 12,700 leads the nation, solidifying its position as the state with the largest percentage of manufacturing jobs as a portion of the private sector in the country.

 

“Indiana's unemployment rate is now below six percent for the first time since July of 2008,” said Scott B. Sanders, Commissioner of the Indiana Department of Workforce Development. “Our rate has dropped by two percentage points in one year, which is the third largest decline in the nation. The Hoosier labor force has grown by more than 25,000 in the first quarter of 2014 alone, which is also remarkable.”

 

Sanders also noted claims for state unemployment insurance in March were nearly 10,000 below March 2013 levels and are at their lowest since 2007. Initial claims for unemployment insurance are at their lowest levels since 2000.

 

 
     
  Graphs-February    
     
  Employment by Sector

Sectors showing gains in March include: Leisure and Hospitality (3,300), Construction (700), Private Educational & Health Serivces (500), Manufacturing (300) and Professional & Business Services (300). Sectors showing decline in March include: Trade, Transportation & Utilities (-2,700), and Financial Activities (-600). Total non-farm employment increased in March (4,600). 

Midwest Unemployment Rates

 
     
 
  March 2013 February 2014 March 2014 Monthly Change
Indiana
7.9%
6.1%
5.9%
-0.2%
U.S.
7.5%
6.7%
6.7%
 0.0%
Illinois
9.2%
8.7%
8.4%
-0.3%
Kentucky
8.3%
7.8%
7.9%
 0.1%
Michigan
8.8%
7.7%
7.5%
-0.2%
Ohio
7.3%
6.5%
6.1%
-0.4%
 
     
 

EDITOR'S NOTE:  Total private sector jobs were revised downward (-2,300) for February by the U.S. Bureau of Labor Statistics. The April 2014 Employment Report will be released on Friday, May 16, 2014

 
 

Links to the data used to compile the monthly employment report are listed below:

Employment Report (LAUS)

Jobs Report (CES)

-30- 

 
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Contact Information:
Name: Joe Frank
Phone: 317-234-7671
Email: jfrank@dwd.in.gov
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  • Agency Name
    Workforce Development, Indiana Department of

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