Indiana jobless rate steady at 3.6% after slow rise since April

Worker shortages

(Design: Brittney Phan)

Nov 17, 2023

Indiana’s unemployment rate remained steady for October at 3.6% after inching up each of the five previous months.

The state’s jobless rate was unchanged from September, following a slow rise from April when it was 3.0%, according to an Indiana Department of Workforce Development report released Friday.

August’s rate is Indiana’s highest since August 2021 but still remains below the national mark of 3.9%. Indiana’s rate is the same as Ohio’s and below those in Michigan (4.1%), Kentucky (4.2%) and Illinois (4.6%), according to the U.S. Bureau of Labor Statistics. Indiana’s rate was tied for 34th highest in the country.

Indiana had about 123,000 job seekers during October, with nearly 3.3 million people employed, according to preliminary federal data.

Indiana’s October private employment topped 2.8 million people, which the Department of Workforce Development said is a new private employment peak. Industries that showed employment increases for October included construction (+2,500), private educational and health services (+2,400) and leisure and hospitality (+1,900).

“Indiana’s labor market continues to show strength for both workers and employers,” Workforce Development Commissioner Richard Paulk said in an agency statement. “Though the state set a private employment record, employers still need to fill many more critical jobs.”

Tom Davies is a Statehouse reporter for State Affairs Pro Indiana. Reach him at [email protected] or on X at @TomDaviesIND.

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