What does Indiana’s monthly employment measure? Here’s what you should know

Each month, the Indiana Department of Workforce Development releases a report with the latest state and local labor market data. Most of the data used are estimates and are adjusted months—sometimes years—after they’re released.

Each report uses the previous month’s preliminary employment data from the federal Bureau of Labor Statistics—like the unemployment and labor force participation rates. And even though much of the data in the reports are estimates, they’re often the best available numbers.

Rachel Blakeman is the director of the Purdue University Fort Wayne Community Research Institute. She said the reports can be helpful for employers who are hiring to see how many people are looking for work.

Read the story on indianapublicmedia.org.