INDIANAPOLIS (January 25, 2022) -Indiana’s unemployment rate fell from 3.0% in November to 2.7% in December—a record low for the state dating back to 1976, according to the Indiana Department of Workforce Development (DWD).
In addition, private sector employment jumped by 10,900 over the last month and has now increased for six of the last seven months. This has resulted in a gain of 82,400 jobs year-over-year. Total private employment now stands at 2,705,500—35,000 below the December 2019 peak of 2,740,500.
“With a 2.7% unemployment rate and more than 150,000 job postings statewide, there are now more employment and economic opportunities available than there have been in several decades,” DWD Commissioner Fred Payne said. “We will continue to offer Hoosier job seekers the proper skills training to secure the job of their choice, and Hoosier employers the tools to find workers to fit their needs.”
By comparison, the national unemployment rate dropped from 4.2% in November to 3.9% in December.
Learn more about how unemployment rates are calculated here: https://www.hoosierdata.in.gov/infographics/employment-status.asp.