Indiana Unemployment Rate Holds Steady, Private Sector Loses Jobs

Trevor Jackson
March 14, 2017

The Indiana Department of Workforce Development says, despite a loss of 2,200 private sector jobs in January, the rate remained at 4 percent.

Indiana's unemployment rate was also 4 percent in December. The state's unemployment rate fell during the same period to 2.9 percent, the lowest level since 2.8 percent in February 2001 and down from 3 percent in December.

Employers added almost 8,000 jobs past year, a 2.9 percent growth rate from 2015, but that is still down from more than 8,500 jobs added and a 3.3 percent growth rate in 2015. Nationally, the unemployment rate rose from 4.7 percent in December to 4.8 percent in January. Out of a regional labor force of 596,958, there were 31,059 unemployed residents. The number of unemployed was down 1,300 over the year to 24,300.

IN had the 16th lowest jobless rate nationally in January, and was tied with Minnesota for the 6th lowest out of the Midwestern states.

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Nebraska nonfarm employment also stayed above 1 million last month, the report said. The largest job gain was in the education and healthcare sector. "After revising data from previous years, the new series reflects a small but steady decrease in unemployment each month since March 2011". "When you have an increase in the labor force, and all of those people aren't able to find work, you will see up an uptick in the rate", Washington said in a statement. Information technology, professional and technical services and federal government jobs saw declines.

A note from the state's labor department: Every March, the U.S. Department of Labor's Bureau of Labor Statistics and the Florida Department of Economic Opportunity release January employment and unemployment estimates as well as revised historical data.

State officials report another drop in unemployment for Arkansas.

Other reports by TheDailyFarc

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