Wednesday, April 26, 2017

Indiana Unemployment Rate Hits 16-Year Low

Posted on April 26, 2017
Author Mary Perren, WKVI

Indiana’s March unemployment rate is at its lowest point since 2001, according to state officials. They note the 3.9 percent rate is also well below the national average of 4.5 percent. The unemployment rate reflects the number of unemployed people as a percentage of the labor force. Indiana’s labor force increased by more than 6,000 over the past month, according to Indiana Department of Workforce Development Commissioners Steven J. Braun. Statewide employment saw a 12,322 increase, and a 6,229 decrease in unemployment.

All 92 Indiana counties saw their jobless rates fall from February to March. Starke County went from 6.5 to 5 percent unemployment. Pulaski County is sitting at 4 percent for the month of March, which represents a 1.4 percent decline.

LaPorte County has the highest unemployment rate of our neighboring counties at 5.1 percent, while Marshall is the lowest at 3.2.

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