Indiana’s labor force had a net increase of 1,543 over the previous month. This was a result of an increase of 83 unemployed residents and an increase of 1,460 employed residents. Indiana’s total labor force, which includes both Hoosiers employed and those seeking employment, stands at 3.40 million, and the state’s 65.1 percent labor force participation rate remains above the national rate of 63.1 percent. Indiana’s unemployment rate stands at 3.6 percent for December and remains lower than the national rate of 3.9 percent.
The latest labor report helped underscore some of the differences between the U.S. economy and the rest of the world. September marked the 96th-straight month of job growth – and the lowest unemployment level since 1969. The report pushed interest rates higher, which contributed to last week’s equity losses.
Indiana’s unemployment rate stands at 3.2 percent for April and remains lower than the national rate of 3.9 percent. (May 18, 2018)
Total number employed 141 million. 199 million people of working age. 58 million people are not working Real unemployment rate is 29%. Officially reported rate is 5.8%.