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State unemployment rate slips to 5.8 percent

September 19, 2014

Indiana lost 2,600 private-sector jobs in August despite more big gains in manufacturing-sector employment, the state’s Department of Workforce Development said Friday morning.

Even with the decrease, Indiana’s seasonally adjusted unemployment rate fell to 5.8 percent, down from 5.9 percent in July.

The state’s manufacturing sector has added 20,000 jobs over the past year, including 900 jobs in August, the DWD said in its monthly report. The gain was more than offset, though, by a loss of 4,100 jobs during the month in the private educational & health services sector.

Job gains also were seen in professional & business services (1,000), financial activities (300) and construction (100). Losses took place in trade, transportation & utilities (500) and leisure & hospitality (300).

Indiana’s unemployment rate has fallen from 7.5 percent a year ago.

Ohio led the Midwest with the lowest unemployment rate in August, at 5.7 percent, followed by Indiana, Illinois (6.7 percent), Kentucky (7.1 percent) and Michigan (7.4 percent).

The national unemployment rate for August stood at 6.1 percent.
 

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