Ind. Unemployment Continues To Climb; Remains Below National Rate
By Travis Thayer
(Indianapolis, Ind.) – Indiana’s unemployment rate continues to climb, but remains below the national rate.
According to the Indiana Department of Workforce Development, the state’s jobless rated increased one-tenth of a percentage point to 3.9 percent in October.
The state’s jobless rate has been climbing since dipping to 3 percent in June, but Indiana’s October unemployment rate remained slightly below the national rate of 4.1 percent.
Locally, Franklin, Ohio and Ripley counties shared the lowest October unemployment rate at 3.6 percent. Dearborn County came in at 3.8 percent, followed by Switzerland County at 4.0 percent.
Indiana’s labor force saw a net decrease of 11,694 last month, which was the result of 2,351 unemployed residents seeking employment and a 14,045 decrease in residents employed.
The state’s total labor force stands at 3.33 million, and Indiana’s 64.2 percent labor force participation rate remains above the national rate of 62.7 percent.
Private sector employment increased by 2,500 during October. The biggest gains came in Financial Activities and Trade, Transportation and Utilities sectors.
Southeastern Indiana Unemployment Figures
|COUNTY||October 2017||September 2017||October 2016|
|Indiana (seasonally adjusted)||3.9%||3.8%||4.2%|
|U.S. (seasonally adjusted)||4.1%||4.2%||4.8%|
Source: Indiana Department of Workforce Development