The jobless rate in the Gary area fell in June to 7%, down from 7.4% in May and down from 13.9% in June 2020.
The Indiana State Budget Agency reported general fund revenues for April totaled $2,230.4 million, which is 4.3% above state estimates for the month.
Indiana’s labor force had a net increase of 3,803 in January when compared to December.
Indiana’s agriculture sector appears to be uncertain about its long-term outlook but believes this year should be better than 2020.
Helping Indiana and directing state resources to aid in pandemic recovery efforts appears to be a priority for Gov. Eric Holcomb.
The latest national jobs report reflects that the U.S. economy is adding jobs but at a slower pace.
Indiana’s jobless rate dropped in August as more people returned to work across numerous industries after weeks off from pandemic fueled shutdowns and scaled back operations.
Ball State University economist Michael Hicks said the latest federal jobs report showing an increase of 1.4 million jobs during August indicates the economic recovery is slowing.
With more people returning to work as businesses reopen after months of shutdown or reduced operations, Indiana’s jobless rate also is showing signs of improvement.
The July COVID-19 survey from the Indiana Manufacturers Association revealed most respondents were optimistic about their future operations.