Indiana's unemployment rate rose to 3.7% in May, up from 3.6% in April, with a slight labor force participation drop to 62.4%.

Indiana's unemployment rate rose to 3.7% in May, up from 3.6% in April, marking the second consecutive monthly increase. The labor force participation rate dropped slightly to 62.4%. Despite the increase, Indiana's unemployment rate remains lower than the national rate, which also rose to 4%. The state added 3,400 private sector jobs in May, bringing the total to 2,850,400, while 98,693 open job postings were reported.

June 25, 2024
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