August unemployment report released

Indianapolis, In. — Unemployment in Indiana for August was reported at 3.5 percent, up from 3.4 percent in July. The Indiana rate continues to trend lower than the national rate of 3.9 percent.

Indiana’s labor force had a net increase of 11,085 over the previous month. This was a result of a 2,594 increase in unemployed residents and an increase of 8,491 employed residents. Indiana’s total labor force, which includes both Hoosiers employed and those seeking employment, stands at 3.39 million, and the state’s 65.0 percent labor force participation rate remains above the national rate of 62.7 percent.

In addition, Indiana’s initial unemployment insurance claims continue to be at historical lows.