Indiana Unemployment Drops To 3.3 Percent In January
By Travis Thayer
(Indianapolis, Ind.) – Indiana’s unemployment rate dropped to 3.3 percent in January.
According to the Indiana Department of Workforce Development, the state jobless rate decreased from 3.4 in December, and remains lower than the national rate of 4.1 percent.
Locally, Ohio County had the lowest unemployment rate in January at 3.8 percent, followed by Switzerland County at 4.0 percent. The remaining southeast Indiana counties’ jobless rate was at or above the national average of 4.1 percent.
Indiana’s labor force saw a net decrease of 7,294 over the previous month, which was a result of 4,105 unemployed residents no longer seeking employment within the past four weeks, and a 3,189 decrease in residents employed. The state’s total labor force stands at 3.3 million and the state’s 63.7 percent labor force participation rate remains above the national rate of 62.7 percent.
Among neighboring states, Indiana had the lowest unemployment rate in January. Kentucky was a close second at 4.3 percent, followed by Ohio and Michigan at 4.7 percent and Illinois at 4.8 percent.
Southeastern Indiana Unemployment Figures
|COUNTY||January 2018||December 2017||January 2017|
|Indiana (seasonally adjusted)||3.3%||3.4%||3.8%|
|U.S. (seasonally adjusted)||4.1%||4.1%||4.8%|
Source: Indiana Department of Workforce Development