Department of Workforce Development releases December 2023 employment report

Wednesday, January 24, 2024 at 11:46 AM

department-of-workforce-development-releases-december-2023-employment-report

Indiana’s unemployment rate in December stands at 3.6%, according to the Indiana Department of Workforce Development. By comparison, the national unemployment rate for December stands at 3.7%.

In addition, Indiana’s labor force participation rate stands at 63.2% for December, 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 3,420,262 - a decrease of 2,989 from the previous month.

"As core inflation abates and the economy normalizes, Indiana remains in a strong economic position," said DWD Commissioner Richard Paulk. "Private employment grew throughout the year and the Department of Workforce Development continues to partner with employers and our regional offices in connecting talent to jobs and providing necessary training to meet the state's employment needs."

Private sector employment in Indiana decreased by 200 jobs over the last month, resulting in a gain of 45,400 jobs from this time last year. Indiana's December private employment stands at 2,858,500.
Industries that experienced job increases in December included:

Professional and Business Services (+600) Private Educational and Health Services (+400) Manufacturing (+300).

As of Jan. 16, there were 99,220 open job postings throughout the state. In December, 16,206 unemployment insurance claims were filed in Indiana.

Individuals looking for work, training or career information are encouraged to visit in.gov/dwd/job-seekers.

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