INDIANA – According to the Indiana Department of Workforce Development, Indiana’s unemployment rate in December stood at 3.6%. 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 who are either working or actively looking for work. Those not in the labor force include 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 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); and
- Manufacturing (+300).
As of Jan. 16, 2024, there were 99,220 open job postings throughout the state. In December, 16,206 unemployment insurance claims were filed in Indiana.
Individuals seeking work, training, or career information are encouraged to visit in.gov/dwd/job-seekers.
Data are sourced from December Current Employment Statistics, Local Area Unemployment Statistics – U.S. Bureau of Labor Statistics, Current Population Survey – US Census Bureau. December employment data for Indiana counties, cities, and MSAs will be available Wednesday, Jan. 24, 2024, at noon ET, pending U.S. Bureau of Labor Statistics validation.
