Unemployment drops to 4.3% statewide

Statewide — Indiana’s unemployment rate stands at 4.3 percent for December, and the national rate is 6.7 percent. The state was at 5.1% in November of 2020and 3.2% in December of 2019.

Indiana’s labor force had a net increase of 83,609 over the previous month. This was a result of a decrease of 23,903 unemployed residents and an increase of 107,512 employed residents. Indiana’s total labor force, which includes both Hoosiers employed and those seeking employment, stands at 3.39 million, and the state’s 64.0 percent labor force participation rate remains above the national rate of 61.5 percent.