INDIANA—According to the Indiana Department of Workforce Development, the state’s unemployment rate in October was 4.4%. By comparison, the national unemployment rate reported for October was 4.1%.
In addition, Indiana’s labor force participation rate is 63.2% compared to the national rate of 62.6%. 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, 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 3,432,973, the highest on record.
October 2024 total private employment is 2,872,900, an increase of 100 from the previous month and 608,900 above the April 2020 Trough. This is a new Indiana private employment peak.
Industries that experienced job increases this month included:
- Leisure & Hospitality (+2,700)
- All Other (+800)
- Private Education & Health Services (+100)
As of November 1, 2024, there were 93,485 open job postings throughout the state. As of the week ending on October 26, 2024, Indiana had 20,802 continued unemployment insurance claims filed.
Individuals seeking work, training, or career information are encouraged to visit in.gov/dwd/job-seekers.
