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Office employment trends (12-month change) | Indianapolis
Source: Bureau of Labor Statistics, JLL Research
Job growth/loss by sector (12-month change) | Indianapolis
Total jobs vs. Unemployment rate | Indianapolis
Number of jobs
• The Indianapolis unemployment rate remained unchanged since last
month, holding steady at 4.5 percent according to the most recent
estimates available from the Bureau of Labor Statistics.
• Meanwhile, Indianapolis’ total labor force reached its highest level ever
this month (1,017,467) and set a new historical high for total
employment for the second consecutive month (972,126).
• After a bumpy beginning to 2015, the U.S. labor market continued its
steady and upward trajectory with the addition of 215,000 net new jobs
in July. While slightly lower than the previous few months, year-to-date
job creation now rests at 1.5 million and is in line with 2014.
• U.S. unemployment remained unchanged at 5.3 percent, while
unemployment for college graduates continues to hover between 2.5
and 2.7 percent, slightly less than half the national rate. However, labor
force participation remains relatively flat across demographic
segments, particularly for high-school graduates.
Employment Update
Metro Indianapolis | August 2015
June 2013 June 2014 June 2015
Total non-farm
employment
972,100
1.8%
996,400
2.5%
1,024,800
2.9%
Unemployment rate 7.7% 5.7% 4.5%
Indianapolis supersectors June 2013 June 2014 June 2015
Mining, Logging & Construction 46,100 0.9% 46,300 0.4% 46,200 -0.2%
Manufacturing 88,300 0.3% 89,400 1.2% 93,000 4.0%
Trade, Transportation, & Utilities 207,600 2.7% 211,000 1.6% 224,200 6.3%
Information 16,900 3.7% 17,300 2.4% 17,300 0.0%
Financial Activities 61,100 0.5% 61,300 0.3% 61,900 1.0%
Professional & Business
Services
144,900 2.3% 153,900 6.2% 159,100 3.4%
Educational & Health Services 140,200 2.6% 141,100 0.6% 143,600 1.8%
Leisure & Hospitality 103,900 2.3% 106,200 2.2% 112,000 5.5%
Other Services 43,200 3.1% 45,400 5.1% 46,300 2.0%
Government 119,900 -0.2% 124,500 3.8% 121,200 -2.7%
Employment statistics | Indianapolis
Industrial employment trends (12-month change) | Indianapolis
2.9%
Indianapolis 12-month job growth
4.9%
Indiana unemployment
2.0%
Indiana 12-month job growth
4.5%
Indianapolis unemployment
5.3%
U.S. unemployment
2.1%
U.S. 12-month job growth
Employment Update
Indianapolis | August 2015
For more information, contact: Mike Cagna | mike.cagna@am.jll.com | +1 317 810 7358 ©2015 Jones Lang LaSalle IP, Inc. All rights reserved.
0.0%
2.0%
4.0%
6.0%
8.0%
10.0%
12.0%
0
200,000
400,000
600,000
800,000
1,000,000
1,200,000
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015
Total Employment Unemployment
1.8%
Peak: 972,126 jobs
-20.0
-10.0
0.0
10.0
20.0
30.0
2010 2011 2012 2013 2014 2015
Mining, Logging & Construction Trade, Transportation & Utilities
Manufacturing Other Services
-10.0
-5.0
0.0
5.0
10.0
15.0
20.0
2010 2011 2012 2013 2014 2015
Financial Activities Professional and Business Services Information Government
-3,300
-100
0
600
900
2,500
3,600
5,200
5,800
13,200
-6,000 -2,000 2,000 6,000 10,000 14,000
Government
Mining and Logging
Information
Financial Activities
Other Services
Educational & Health Services
Manufacturing
Professional & Business Services
Leisure & Hospitality
Trade, Transportation & Utilities

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Indianapolis JLL Employment Update - August 2015

  • 1. Office employment trends (12-month change) | Indianapolis Source: Bureau of Labor Statistics, JLL Research Job growth/loss by sector (12-month change) | Indianapolis Total jobs vs. Unemployment rate | Indianapolis Number of jobs • The Indianapolis unemployment rate remained unchanged since last month, holding steady at 4.5 percent according to the most recent estimates available from the Bureau of Labor Statistics. • Meanwhile, Indianapolis’ total labor force reached its highest level ever this month (1,017,467) and set a new historical high for total employment for the second consecutive month (972,126). • After a bumpy beginning to 2015, the U.S. labor market continued its steady and upward trajectory with the addition of 215,000 net new jobs in July. While slightly lower than the previous few months, year-to-date job creation now rests at 1.5 million and is in line with 2014. • U.S. unemployment remained unchanged at 5.3 percent, while unemployment for college graduates continues to hover between 2.5 and 2.7 percent, slightly less than half the national rate. However, labor force participation remains relatively flat across demographic segments, particularly for high-school graduates. Employment Update Metro Indianapolis | August 2015 June 2013 June 2014 June 2015 Total non-farm employment 972,100 1.8% 996,400 2.5% 1,024,800 2.9% Unemployment rate 7.7% 5.7% 4.5% Indianapolis supersectors June 2013 June 2014 June 2015 Mining, Logging & Construction 46,100 0.9% 46,300 0.4% 46,200 -0.2% Manufacturing 88,300 0.3% 89,400 1.2% 93,000 4.0% Trade, Transportation, & Utilities 207,600 2.7% 211,000 1.6% 224,200 6.3% Information 16,900 3.7% 17,300 2.4% 17,300 0.0% Financial Activities 61,100 0.5% 61,300 0.3% 61,900 1.0% Professional & Business Services 144,900 2.3% 153,900 6.2% 159,100 3.4% Educational & Health Services 140,200 2.6% 141,100 0.6% 143,600 1.8% Leisure & Hospitality 103,900 2.3% 106,200 2.2% 112,000 5.5% Other Services 43,200 3.1% 45,400 5.1% 46,300 2.0% Government 119,900 -0.2% 124,500 3.8% 121,200 -2.7% Employment statistics | Indianapolis Industrial employment trends (12-month change) | Indianapolis 2.9% Indianapolis 12-month job growth 4.9% Indiana unemployment 2.0% Indiana 12-month job growth 4.5% Indianapolis unemployment 5.3% U.S. unemployment 2.1% U.S. 12-month job growth Employment Update Indianapolis | August 2015 For more information, contact: Mike Cagna | mike.cagna@am.jll.com | +1 317 810 7358 ©2015 Jones Lang LaSalle IP, Inc. All rights reserved. 0.0% 2.0% 4.0% 6.0% 8.0% 10.0% 12.0% 0 200,000 400,000 600,000 800,000 1,000,000 1,200,000 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 Total Employment Unemployment 1.8% Peak: 972,126 jobs -20.0 -10.0 0.0 10.0 20.0 30.0 2010 2011 2012 2013 2014 2015 Mining, Logging & Construction Trade, Transportation & Utilities Manufacturing Other Services -10.0 -5.0 0.0 5.0 10.0 15.0 20.0 2010 2011 2012 2013 2014 2015 Financial Activities Professional and Business Services Information Government -3,300 -100 0 600 900 2,500 3,600 5,200 5,800 13,200 -6,000 -2,000 2,000 6,000 10,000 14,000 Government Mining and Logging Information Financial Activities Other Services Educational & Health Services Manufacturing Professional & Business Services Leisure & Hospitality Trade, Transportation & Utilities