State’s jobless rate holds steady in March

(Statewide) – The state’s unemployment rate in March stands at 3.1 %, according to the Indiana Dept. of Workforce Development.

That’s the same as February’s jobless rate and is below the national average of 3.5 %.

Also, Indiana’s labor force participation rate increased last month to 63.5 %, which is above the national rate of 62.6 %.

Indiana’s total labor force, which includes both Hoosiers employed and those looking for work, stands at 3,416,350 – an increase of 6,653 from the previous month.

Private sector employment in Indiana increased by 3,300 jobs over the last month, translating to a gain of 70,200 jobs from this time last year.

Indiana’s March private employment stands at 2,830,500. This is a new private employment peak for Indiana.

Industries that experienced job increases in March included:

  • Professional and Business Services (+4,400);
  • Trade, Transportation, and Utilities (+800);
  • Leisure and Hospitality (+700); and
  • Manufacturing (+400).

As of April 17, 2023, there were 130,218 open job postings throughout the state.

In March, 17,039 unemployment insurance claims were filed in Indiana.

Those looking for work, training, or career information are encouraged to visit in.gov/dwd/job-seekers.