Indiana has lowest unemployment rate since 2008
Private sector jobs added in the month of March moved Indiana’s unemployment rate below six percent for the first time in nearly six years. The state’s unemployment rate has dropped two percent in the last year, falling to 5.9 percent last month. The unemployment rate is at its lowest since July of 2008.
The private sector added 3,200 jobs in March, pushing the 2014 job creation totals above 25,000. Department of Workforce Development Commissioner Scott Sanders says unemployment claims last month were at their lowest level since before the recession. The job creation gains last month were notably boosted by the Leisure and Hospitality sector, likely aided by college basketball tournaments in Indianapolis and Evansville.