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:
RCCF Announces 2027 Lilly Scholarship Finalists
Operation "Rusty Cherub" Nets Multiple Arrests
Honda Grant Supports Batesville High School Digital Design Pathway
State Employees, Students, and Veterans Encouraged to Serve as Poll Workers on Election Day
SRO Arranges Blackhawk Helicopter Visit at Area School
East Central FFA to Compete at National FFA Convention
Comments
Add a comment