(Indianapolis, Ind.) - Indiana’s May unemployment continued a trend in the right direction.
The new number released Friday by the Indiana Department of Workforce Development was 8.2 percent. That is down more than two percent from the same month last year.
While fewer Hoosiers are out of work, the shrinking unemployment could have one negative side effect.
"The steady improvement in the unemployment rate means the state is no longer eligible for a portion of the federally funded extended benefits," said Mark W. Everson, Commissioner of the Department of Workforce Development. "As a result, Hoosiers will be eligible for up to 93 weeks of unemployment insurance benefits instead of 99 weeks. This is still well above the maximum amount of benefits offered in any previous recession, the highest being 55 weeks in 1983."
During May, the Indiana private sector added 1,700 jobs.
Sectors showing significant employment gains in May included Private Education and Health Services (1,900), Financial Activities (1,900), Leisure and Hospitality (1,400) and Construction (500). The Trade, Transportation & Utilities (-3,400) and Government (-6,900) sectors showed significant decline. Total non-farm employment decreased by 5,200.
Locally, Ripley County overtook Franklin County for the southeast Indiana region’s highest unemployment at 9.2. Ripley County increased from 8.9 percent last month while Franklin fell from 9.5 percent.
Dearborn County was at 8.1 percent last month. Ohio County rose slightly to 8.7. Switzerland County was again the region’s lowest at 6.3 percent.