Indiana’s unemployment rate remains unchanged at 4.1 percent for July, according to the Department of Workforce Development. It is well below the national jobless rate of 5.4 percent. The monthly unemployment rate is a U.S. Bureau of Labor Statistics (BLS) indicator that reflects the number of unemployed people seeking employment within the prior four weeks as a percentage of the labor force.
Indiana’s labor force had a net decrease of 1,740 over the previous month. This was a result of a decrease of 630 unemployed residents and a decrease of 1,110 employed residents.
Indiana's total labor force, which includes both Hoosiers employed and those seeking employment, stands at 3.35 million. The state’s 63.2 percent labor force participation rate remains above the national rate of 61.7 percent.