Indianapolis, In. — Unemployment in the Hoosier state for January is 3.3 percent, lower than the national average of 4.1 percent. For more than four years, the Indiana rate has been lower than the national average.
The statewide labor force decreased 7,294 over the previous month. This was a result of 4,105 unemployed residents no longer seeking employment within the past four weeks, and a 3,189 decrease in residents employed. Indiana’s total labor force, which includes both Hoosiers employed and those seeking employment, stands at 3.31 million, and the state’s 63.7 percent labor force participation rate remains above the national rate of 62.7 percent.
