department-of-workforce-development-releases-january-s-employment-report
The unemployment rate of the State of Indiana in January stands at 3.5%, according to the Indiana Department of Workforce Development. By comparison, the national unemployment rate for January stands at 3.7%.
In addition, Indiana’s labor force participation rate stands at 63% for January, remaining above the national rate of 62.5%. This rate is the percentage of Hoosiers 16-and-older that are either working or actively looking for work.
Those not in the labor force include, primarily, students, retirees and other non-working populations, such as individuals unable to work due to a disability or illness, or adults responsible for their family's childcare needs.
Indiana’s total labor force stands at 3,398,047 - a decrease of 10,628 from the previous month.
"Indiana has carried the momentum from a strong economy in 2023 into 2024," said DWD Commissioner Richard Paulk. "The unemployment rate of 3.5% remains near historic lows and remains below the national average. Additionally, Indiana has again set a new peak for private sector employment."
Private sector employment in Indiana increased by 10,500 jobs over the last month, resulting in a gain of 42,000 jobs from this time last year. Indiana's January private employment stands at 2,845,300.
Industries that experienced job increases in January included:
As of March 4, there were 98,653 open job postings throughout the state. As of the week ending on Feb. 24, Indiana had 26,370 continued unemployment insurance claims filed.
Individuals looking for work, training or career information are encouraged to visit in.gov/dwd/job-seekers.
The Shelby County Post is a digital newspaper producing news, sports, obituaries and more without a pay wall or subscription needed. Get the most recent Shelby County Post headlines delivered to your email by visiting shelbycountypost.com and click on the free daily email signup link at the top of the page.
Lawrence County time capsule to be opened
Lawrence County honors its' servicemen and women on Veterans Day
Illinois State Police to conduct holiday safety patrols
LCMH adds new team member
Toyota Princeton plant to produce new vehicle
Illinois to get additional federal healthcare funding
Prep your vehicle for winter weather
Expanded opportunities for incarcerated Hoosiers through 10-year Ivy Tech partnership
Southwestern Indiana fatal accident victim identified
Bridgeport to look at property ordinance revision
Conservation officers remind hunters to prioritize safety during deer season
Knox County caucus set to replace Streeter
Unit 20 Board to replace football field turf
Escaped Tennessee convict taken into custody
Conviction appeal denied for Ray Tate
Governor Braun extends gas tax savings
