Statewide— The Indiana Department of Workforce Development reported another drop in the state’s unemployment rate. It dropped to 12.3% in the May employment report, but the state remains lower than the national rate of 13.3%.
Indiana’s labor force had a net increase of 110,780 over the previous month. The DWD says it was a result of a decrease of 156,903 unemployed residents and an increase of 267,683 employed residents. Indiana’s total labor force now stands at 3.33 million, and the state’s 63.2% labor force participation rate is above the national rate of 60.8%
