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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
Office employment trends (12-month change) | Indianapolis
Source: Bureau of Labor Statistics, JLL Research
Total jobs vs. Unemployment rate | Indianapolis
Number of jobs
• According to the most recent estimates available from the BLS, the
Indianapolis unemployment rate rose slightly to 4.2%. However, the
increase is largely due to a growing labor force, which had greater
gains than total employment for the past two months.
• Total non-farm employment for the city posted a record high for the
second consecutive month. Industry supersectors Trade,
Transportation, & Utilities and Professional & Business Services made
large gains and once again had record-breaking employment levels.
Other Services and Government also grew over the past month.
• 2015 ended on a very high note for the country, with December gaining
292,000 net new jobs and revisions in October and November resulting
in a three-month increase of 851,000 jobs. Overall, the U.S. labor
market grew by nearly 2.7 million jobs over the course of 2015, down
somewhat from the 3.1 million recorded in 2014 due to a moderate
pause during the summer.
Employment Update
Metro Indianapolis | August 2015
November 2013 November 2014 November 2015
Total non-farm
employment
1,002,100
3.1%
1,014,900
1.3%
1,045,000
3.0%
Unemployment rate 6.3% 5.6% 4.2%
Indianapolis supersectors November 2013 November 2014 November 2015
Mining, Logging & Construction 46,700 5.7% 45,500 -2.6% 45,400 -0.2%
Manufacturing 87,600 1.2% 90,000 2.7% 91,400 1.6%
Trade, Transportation, & Utilities 213,900 2.6% 219,400 2.6% 233,600 6.5%
Information 16,700 1.8% 16,700 0.0% 16,700 0.0%
Financial Activities 60,800 1.3% 62,000 2.0% 59,500 -4.0%
Professional & Business
Services
159,000 9.7% 159,800 0.5% 163,200 2.1%
Educational & Health Services 145,300 1.1% 145,700 0.3% 150,500 3.3%
Leisure & Hospitality 99,300 1.8% 100,600 1.3% 106,100 5.5%
Other Services 43,000 3.9% 44,400 3.3% 45,400 2.3%
Government 129,800 0.8% 130,800 0.8% 133,200 1.8%
3.0%
Indianapolis 12-month job growth
4.4%
Indiana unemployment
2.0%
Indiana 12-month job growth
4.2%
Indianapolis unemployment
5.0%
U.S. unemployment
1.9%
U.S. 12-month job growth
Employment Update
Indianapolis | January 2016
For more information, contact: Mike Cagna | Sr. Research Analyst | mike.cagna@am.jll.com | +1 317 810 7358
Brianna Marshall | Research Intern | brianna.marshall@am.jll.com | +1 317 810 7360 ©2015 Jones Lang LaSalle IP, Inc. All rights reserved.
1.8%
Peak: 982,092 jobs
Industrial employment trends (12-month change) | Indianapolis
Job growth/loss by sector (12-month change) | Indianapolis
Employment statistics | Indianapolis
-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
-15.0
-5.0
5.0
15.0
25.0
2010 2011 2012 2013 2014 2015
Mining, Logging & Construction Trade, Transportation & Utilities
Manufacturing Other Services
-2,500
-100
0
1,000
1,400
2,400
3,400
4,800
5,500
14,200
-6,000 -3,000 0 3,000 6,000 9,000 12,000 15,000
Financial Activities
Mining and Logging
Information
Other Services
Manufacturing
Government
Professional & Business Services
Educational & Health Services
Leisure & Hospitality
Trade, Transportation & Utilities

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Indianapolis JLL Employment Update January 2016

  • 1. 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 Office employment trends (12-month change) | Indianapolis Source: Bureau of Labor Statistics, JLL Research Total jobs vs. Unemployment rate | Indianapolis Number of jobs • According to the most recent estimates available from the BLS, the Indianapolis unemployment rate rose slightly to 4.2%. However, the increase is largely due to a growing labor force, which had greater gains than total employment for the past two months. • Total non-farm employment for the city posted a record high for the second consecutive month. Industry supersectors Trade, Transportation, & Utilities and Professional & Business Services made large gains and once again had record-breaking employment levels. Other Services and Government also grew over the past month. • 2015 ended on a very high note for the country, with December gaining 292,000 net new jobs and revisions in October and November resulting in a three-month increase of 851,000 jobs. Overall, the U.S. labor market grew by nearly 2.7 million jobs over the course of 2015, down somewhat from the 3.1 million recorded in 2014 due to a moderate pause during the summer. Employment Update Metro Indianapolis | August 2015 November 2013 November 2014 November 2015 Total non-farm employment 1,002,100 3.1% 1,014,900 1.3% 1,045,000 3.0% Unemployment rate 6.3% 5.6% 4.2% Indianapolis supersectors November 2013 November 2014 November 2015 Mining, Logging & Construction 46,700 5.7% 45,500 -2.6% 45,400 -0.2% Manufacturing 87,600 1.2% 90,000 2.7% 91,400 1.6% Trade, Transportation, & Utilities 213,900 2.6% 219,400 2.6% 233,600 6.5% Information 16,700 1.8% 16,700 0.0% 16,700 0.0% Financial Activities 60,800 1.3% 62,000 2.0% 59,500 -4.0% Professional & Business Services 159,000 9.7% 159,800 0.5% 163,200 2.1% Educational & Health Services 145,300 1.1% 145,700 0.3% 150,500 3.3% Leisure & Hospitality 99,300 1.8% 100,600 1.3% 106,100 5.5% Other Services 43,000 3.9% 44,400 3.3% 45,400 2.3% Government 129,800 0.8% 130,800 0.8% 133,200 1.8% 3.0% Indianapolis 12-month job growth 4.4% Indiana unemployment 2.0% Indiana 12-month job growth 4.2% Indianapolis unemployment 5.0% U.S. unemployment 1.9% U.S. 12-month job growth Employment Update Indianapolis | January 2016 For more information, contact: Mike Cagna | Sr. Research Analyst | mike.cagna@am.jll.com | +1 317 810 7358 Brianna Marshall | Research Intern | brianna.marshall@am.jll.com | +1 317 810 7360 ©2015 Jones Lang LaSalle IP, Inc. All rights reserved. 1.8% Peak: 982,092 jobs Industrial employment trends (12-month change) | Indianapolis Job growth/loss by sector (12-month change) | Indianapolis Employment statistics | Indianapolis -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 -15.0 -5.0 5.0 15.0 25.0 2010 2011 2012 2013 2014 2015 Mining, Logging & Construction Trade, Transportation & Utilities Manufacturing Other Services -2,500 -100 0 1,000 1,400 2,400 3,400 4,800 5,500 14,200 -6,000 -3,000 0 3,000 6,000 9,000 12,000 15,000 Financial Activities Mining and Logging Information Other Services Manufacturing Government Professional & Business Services Educational & Health Services Leisure & Hospitality Trade, Transportation & Utilities