Indiana's March Unemployment Rate Same As February
By: Mike Stiles - Wednesday, April 26, 2023

(photo courtesy of Indiana Department of Workforce Development)

(INDIANAPOLIS) – There was no change in the statewide unemployment rate in Indiana from February to March.

According to information released by the Indiana Department of Workforce Development, the March unemployment rate for the Hoosier State is 3.1%, the same as it was for February. That’s below the national unemployment rate for March which was 3.5%.

Indiana’s labor force participation rate increased in March to 63.5%, which is higher than the national rate of 62.6%. Indiana’s total labor force, which includes both Hoosiers employed and those seeking employment, stands at 3,416,350. That’s an increase of 6,653 from the previous month.

Private sector employment in Indiana increased by 3,300 jobs from February to March, translating to a gain of 70,200 jobs from this time last year. Indiana's March private employment stands at 2,830,500, which is a new private employment peak for Indiana.

Industries that experienced job increases in March included: Professional and Business Services (+4,400); Trade, Transportation and Utilities (+800); Leisure and Hospitality (+700); and Manufacturing (+400).


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