INDIANAPOLIS: Indiana’s unemployment rate decreased by two-tenths of a percent to 4.0 percent in December, which marks its lowest point since 2001.
Indiana’s total labor force stands at over 3.3 million and the state’s 64.3 percent labor force participation rate remains above the national rate of 62.7 percent. Steven J. Braun, Commissioner of the Indiana Department of Workforce Development noted private sector employment has grown by almost 23,000 over the year. He added that initial unemployment insurance claims remain at the lowest point in three decades.
