Indiana sales tax revenue up, jobs remaining unfilled

The Indiana State Budget Agency says Hoosiers both made and spent more money in May, but the number of unfilled jobs has increased.

The state’s sales tax revenue in May 2021 was 17% higher than expected and increased 39% since May 2020.

The report also states that income tax collection was 37% above the state estimate and went up 178% since the same time in 2020.

The Indiana Department of Workforce Development (DWD) says the latest numbers show that as of May 1st, about 200,000 people were collecting unemployment benefits. The number of online job posts, which includes new and unfilled positions, has grown by about 6,000 since mid-April to more than 120,000 statewide, according to DWD data.

The National Federation of Independent Business says 48% of companies in Indiana need workers.

Indiana will drop out of the enhanced federal pandemic unemployment program June 19.