INDIANAPOLIS — Indiana’s unemployment rate in February remains at 3.1%, according to the Indiana Department of Workforce Development. By comparison, the national unemployment rate for February is 3.6%.
The state’s labor force participation rate held at 63.4% for February, remaining above the national rate of 62.5%. Indiana’s total labor force, which includes both Hoosiers employed and those seeking employment, stands at 3,409,096, a decrease of 432 from January.
Private sector employment in Indiana increased by 3,100 jobs over the last month, translating to a gain of 72,900 jobs from this time last year. Indiana’s February private employment stands at 2,827,300. This is a new private employment peak for Indiana. Industries that experienced job increases in February included:
- Professional and Business Services (+3,600);
- Leisure and Hospitality (+1,500); and
- Private Educational and Health Services (+1,200);
As of March 16, 2023, there were 135,336 open job postings throughout the state. In February, 19,485 unemployment insurance claims were filed in Indiana.
Courtesy – DWD.