(INDIANAPOLIS) – Unemployment in Indiana remained the same from February to March.
The Indiana Department of Workforce Development says the unemployment rate stayed at 3.5% from February to March. In addition, Indiana’s labor force participation rate stands at 62.6% for March, while the national rate is 62.7%. This is the percentage of Hoosiers 16 and older that are either working or actively looking for work.
Indiana’s total labor force stands at 3,380,807, which is a decrease of 8,595 from the previous month. Private sector employment in Indiana increased by 3,300 jobs over the last month, resulting in a gain of 34,500 jobs from this time last year. Indiana's March private employment stands at 2,845,500.
Industries that experienced job increases in March included: Private Educational and Health Services (+1,200); Professional and Business Services (+1,100); Trade, Transportation and Utilities (+800); Construction (+400); Leisure and Hospitality (+300); and Financial Activities (+100).
DWD Commissioner Richard Paulk says March 2024 was yet another record month for Indiana employment with more Hoosiers employed in the private sector than ever before.
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