(Indianapolis, IN) – The Indiana Department of Workforce Development (DWD) says the state’s unemployment rate in March held steady at 3.5%.
By comparison, the national jobless rate last month was 3.8%.
In addition, Indiana’s labor force participation rate stands at 62.6% for March, while the national rate is 62.7%. This rate is the percentage of Hoosiers 16 and older that are either working or actively looking for work.
The state’s total labor force stands at 3,380,807, which is a decrease of 8,595 from the previous month.
“March 2024 was yet another record month for Indiana employment with more Hoosiers employed in the private sector than ever before,” said DWD Commissioner Richard Paulk. “We saw an increase in demand for workers within six industry sectors including Private Education and Health Services and Professional and Business Services. These sectors added over two thousand jobs to Indiana. Combining these numbers with exciting announcements of new opportunities, including the SK Hynix announcement, shows the strength of the Indiana economy.”
As of April 16, there were 105,593 open job postings throughout the state.
Those looking for work, training or career information are encouraged to visit in.gov/dwd/job-seekers.
March-2024-DWD-Indiana-Employment-Snapshot March-2024-Indiana-Labor-Force-Breakdown
