January IN Unemployment Drops To 3.1%, Lowest In 20 Years

Indiana's unemployment rate remains lower than the national average of 3.6%.

(Indianapolis, Ind.) - Indiana's January unemployment rate hit a 20-year low of 3.1 percent. 

This 3.1 percent continues to be lower than the national unemployment rate of 3.6 percent. 

November 2000 was the last time Indiana's unemployment rate was lower than 3.1 percent. 

The U.S. Bureau of Labor Statistics (BLS) reports the number of unemployed people actively seeking employment within the prior four weeks as a percentage of the labor force. 

Indiana’s labor force had a net increase of 3,749 last month. This was a result of a decrease of 877 unemployed residents and an increase of 4,626 employed residents.

In total, the state’s labor force stands at 3.39 million and Indiana’s 64.4 percent labor force participation rate remains above the national rate of 63.4 percent.

Find how unemployment rates are calculated here, http://www.hoosierdata.in.gov/infographics/employment-status.asp.

 

RELATED STORIES: 

Indiana Unemployment Rate Holds Steady At 3.2 Percent

More from Local News

Comments

Add a comment

Log in to the club or enter your details below.
Rating *

Events

Closure Planned on State Road 1 in Dearborn County

The closure is necessary for crews to perform slide correction work between Dover and Guilford.

South Dearborn Marching Knights are State Bound

The Marching Knights qualified for state by earning Gold at the State Prelims.

Switz. Co., Milan Open Sectional Play with Wins over ORVC Rivals

Class A Sectional 44 kicked off at Rising Sun on Monday.

Thomas Rhett Ain't A Bad Life 18:10
Hunter Hayes Wanted 18:07
Mark Chesnutt I'll Think of Something 18:02
Fox News Fox News National Newscast 18:01