(INDIANAPOLIS) – Indiana’s unemployment rate went up slightly from August to September.
The Indiana Department of Workforce Development says unemployment went up from 4.2% in August to 4.3% in September. That’s slightly higher than the National unemployment rate for the month, which stands at 4.1%.
Additionally, Indiana’s labor force participation rate is at 63%, compared to the National rate in September of 62.7%. This rate is the percentage of Hoosiers 16 and older that are either working or actively looking for work. Indiana’s total labor force stands at 3,417,810 and is at its highest on record.
September 2024 total private employment is 608,300, which is an increase of 800 from the previous month. During the month, Indiana reported 2,872,600 jobs, a new private employment peak.
Industries that experienced job increases in September included: Private Education & Health Services (+1,200); Construction (+1,000); Trade, Transportation & Utilities (+900); Financial Activities (+600) and Professional and Business Services (+400).
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