Beyond the October 2015 Employment Numbers

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At 4.4%, the Hoosier unemployment rate is at its lowest level since August of 2001.

 

  • Indiana is now 12,800 Private Sector jobs above March 2000 peak employment levels.

 

  • Indiana’s unemployment rate decrease of -6.4% from July, 2009, the low point of employment, and -4% since January 2013 both rank 2ndin the U.S.

 

  • Indiana’s unemployment rate decrease of -1.4% over the past year ranks 3rdin the U.S.
  • The Hoosier labor force has grown by 90,000 individuals since January 2013, which leads the Midwest.

 

  • Indiana’s labor force participation rate has outperformed the national average for 18 months in a row. (Indiana’s rate increased to 63.6% vs. 62.4%.)

 

  • Since July 2009, Indiana has added 302,200 Private Sector jobs, which ranks 12th in the nation. (+132,500 since January 2013, or +5.3%.)

 

  • Indiana’s Manufacturing growth in October (+5,400) ranked 2ndin the U.S.

 

  • The Hoosier State has also added the 2ndmost Manufacturing jobs (+97,600) in the U.S. since July 2009, at a rate that ranks 2nd in the nation (+22.8%).

 

  • Indiana has grown the 3rdmost Manufacturing jobs in the U.S. over the past year (+12,000).

 

  • Indiana continues to have the highest concentration of private sector Manufacturing jobs in the U.S.

 

  • The Hoosier State ranked 10thin the nation in Private Educational & Health jobs added (+2,900) in October, and has added the 8th most over the past year (+17,600).

 

  • Indiana has added 19,100 Trade, Transportation and Utilities jobs over the past year, which ranks 5thin the nation, at a rate of +3.3%, which ranks 3rd in the U.S.

 

Midwest Labor Force Growth 

State January 2013 August 2015 Difference % Change
Illinois 6,586,443 6,518,861 -67,582 -1.02%
Indiana 3,182,301 3,272,695 90,394 2.84%
Iowa 1,653,871 1,704,894 51,023 3.09%
Michigan 4,701,649 4,743,223 41,574 0.88%
Minnesota 2,963,629 2,997,476 33,847 1.14%
North Dakota 403,511 409,841 6,330 1.57%
Nebraska 1,021,506 1,009,732 -11,774 -1.15%
Ohio 5,721,041 5,701,637 -19,404 -0.34%
South Dakota 443,697 454,158 10,461 2.36%
Wisconsin 3,081,620 3,086,705 5,086 0.17%
Kentucky 2,050,203 1,929,078 -121,125 -5.91%

 

Private Sector Growth 

o   Indiana ranks 12th in nation in jobs added since July 2009 (the low-point of employment)

State Jobs Added Rank
California 1,998,800 1
Texas 1,579,700 2
Florida 1,001,300 3
New York 874,100 4
Michigan 502,200 5
Georgia 434,200 6
Ohio 425,900 7
North Carolina 391,500 8
Washington 332,300 9
Pennsylvania 330,500 10
Illinois 329,600 11
Indiana 302,200 12

 

Manufacturing Growth 

o   Indiana ranked 2nd in jobs added in October.

State Jobs Added Rank
Ohio 5,800 1
Indiana 5,400 2
New York 3,200 3
Georgia 3,100 4
Wisconsin 2,500 5
Maryland 1,800 6
Kentucky 1,700 7
Mississippi 1,200 8
Arizona 1,000 9
Oregon 800 10

 

o   Indiana ranks 2nd in the nation in jobs added since July 2009 (the low point of employment in Indiana)

State Jobs Added Rank
Michigan 154,600 1
Indiana 97,600 2
Ohio 78,900 3
Wisconsin 47,800 4
Kentucky 34,100 5
Texas 31,800 6
Washington 28,600 7
Tennessee 26,400 8
Georgia 24,200 9
North Carolina 23,200 10

 

 

o   Indiana ranks 2nd in the nation in rate of growth since July 2009 (the low point of employment in Indiana).

State Rate of Growth Rank
Michigan 34.6% 1
Indiana 22.8% 2
South Dakota 22.2% 3
Idaho 17.2% 4
Kentucky 16.2% 5
Utah 13.2% 6
Oregon 13.2% 7
Ohio 12.9% 8
Colorado 11.3% 9
Wisconsin 11.2% 10

 

o   Indiana ranks 3rd in jobs added over the past year.

State Jobs Added Rank
Michigan 22,400 1
Ohio 15,200 2
Indiana 12,000 3
North Dakota 8,800 4
Kentucky 7,500 5
Utah 6,500 6
Wisconsin 5,800 7
Oregon 5,500 8
Georgia 5,200 9
Florida 5,000 10

 

Private Educational & Health Services 

 

o   Indiana ranked 10th in the nation in jobs added in October.

State Jobs Added Rank
New York 10,900 1
Pennsylvania 9,900 2
Ohio 8,300 3
Illinois 7,900 4
Michigan 5,300 5
Massachusetts 5,200 6
Missouri 5,100 7
Florida 5,100 8
Wisconsin 3,900 9
Indiana 2,900 10

 

o   Indiana ranks 8th in the nation in jobs added over the past year.

State Jobs Added Rank
Texas 72,400 1
California 72,400 2
New York 70,600 3
Florida 48,400 4
Massachusetts 23,700 5
Michigan 18,300 6
Pennsylvania 17,800 7
Indiana 17,600 8
Ohio 17,400 9
Illinois 16,300 10

 

 

 

Trade, Transportation & Utilities Growth 

 

o   Indiana ranks 5th in the nation in jobs added over the past year.

State Jobs Added Rank
California 70,100 1
Texas 47,200 2
Florida 45,300 3
Georgia 23,200 4
Indiana 19,100 5
Ohio 18,900 6
Washington 18,300 7
New York 15,300 8
Tennessee 14,800 9
New Jersey 14,600 10

 

 

o   Indiana ranks 3rd in rate of growth over the past year.

State Rate of Growth Rank
Alaska 4.7% 1
Idaho 4.1% 2
Indiana 3.3% 3
Washington 3.2% 4
South Carolina 3.0% 5
Florida 2.8% 6
Montana 2.7% 7
Georgia 2.6% 8
Tennessee 2.5% 9
California 2.0% 10

 

 

 

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