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:
Ivy Tech Lawrenceburg, Batesville Contributes $42.2 Million to Region
South Ripley to Celebrate Ribbon Cutting, Dedication at Newly Renovated Forest G. Waters Field
Historic Deputy Badge Returned to Ripley County Sheriff’s Office
VOA Country Music Fest Announces Daily Lineup
Sandy Pickett: A Local Voice Helping Young Talent Find the Spotlight
KYTC to Host Informational Meetings for Potential Improvements to Dixie Highway
