Kelly Infographic - indiana

EMPLOYMENT TRENDS

AUGUST 2019 U.S. AND INDIANAPOLIS

National Employment Trends

3.7% Unemployment Rate

130K +

Nonfarm

Workers

$28.11

Average Hourly Earnings for All Workers

Indianapolis Employment Trends

3.0% Unemployment Rate

11.7K +

Nonfarm

Workers

0.5%

Increase in Total Nonfarm Employment From August 2018

The U.S. and Indianapolis labor markets remained steady in August. With a slight decrease in the unemployment rate and 11,700 nonfarm workers hired, the Indianapolis labor market remains highly competitive. The Indiana unemployment rate fell to 3.3%, and there continues to be more job openings than applicants to fill them ? especially in the manufacturing, logistics and transportation industries.

Unemployment Rates

U.S.

Indianapolis

6

5

4

3

2

1

0 Aug-18 Sep-18 Oct-18 Nov-18 Dec-18 Jan-19 Feb-19 Mar-19 Apr-19 May-19 Jun-19 Jul-19 Aug-19

The unemployment rate in Indianapolis was 3.0% in August 2019, down from 3.3% in July, while the U.S. unemployment rate was 3.7% in August, unchanged from the previous month.

Year-Over-Year % Change in Total Nonfarm Employment

U.S.

Indianapolis

3

2.5

2

1.5

1

.5

0 Aug-18 Sep-18 Oct-18 Nov-18 Dec-18 Jan-19 Feb-19 Mar-19 Apr-19 May-19 Jun-19 Jul-19 Aug-19

Total nonfarm employment in Indianapolis in August 2019 was up by 0.5% from August 2018, and total nonfarm employment in the U.S. was up by 1.4% from the previous year.

Workforce Insights

The logistics, transportation and manufacturing industries have already begun ramping up seasonal hiring. However, with prolonged low unemployment, it's becoming increasingly difficult for companies to fill temporary, seasonal roles because people are already working elsewhere. As this trend continues, companies are starting to change their employment models.

As automation continues advancing in the manufacturing industry, it's unclear exactly what future manufacturing jobs will be. Regardless of how technology shifts the industry, job seekers and employers will need to focus on skills like collaboration, problem solving, critical thinking and emotional intelligence.

Attracting and retaining talent continues to be the biggest challenge facing employers. Companies can better attract talent by fully understanding their brand and its mission. Increasingly, job seekers want to work for a company with a clear mission, so employers should be able to clearly articulate their brand story to potential employees.

For additional information, please contact:

Jack W. Van Tiem, Vice President, Midwest Region Jack.VanTiem@ | 248.952.5535 | kellyservices.us/us/business_services

Connect with Jack Van Tiem at:

Sources: Bureau of Labor Statistics, Indiana Department of Workforce Development, STATS Indiana

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