Unemployment Drops in November

Posted: Updated:
INDIANAPOLIS -

Indiana's unemployment rate decreased to 3.7 percent in November, down from 3.9 percent the previous month. The Indiana Department of Workforce Development says while the state lost 4,200 private sector jobs last month, the unemployment rate remains below the national average of 4.1 percent. U.S. Bureau of Labor Statistics figures show the Indiana labor force has decreased by nearly 15,400.

November was the first month since May where Indiana saw a drop in the unemployment rate. 

Indiana's labor force stands at 3.32 million. The state's 63.9 percent labor force participation rate remains higher than the national rate of 62.7 percent.

The highest growth sector for Indiana in November was construction. However, the state saw big losses in the trade, transportation and utilities, and leisure and hospitality sectors.

Indiana continues to have the lowest unemployment of the neighboring states, all of which remain above the national rate. Only Minnesota and Wisconsin have lower unemployment in the Midwest.

  • Perspectives

    • Baby in Your Future?

      There is nothing more special than a new baby! In addition to decorating the nursery, selecting a pediatrician, and buying those first wardrobe pieces, you also need to be financially prepared. And, if either parent will be taking off work, it’s important to understand the parental leave policy. When contemplating a pregnancy or an adoption, be sure to understand your employment benefits. Parental leave policies and insurance benefits can cover associated costs as well as...

    More

Subscribe

Name:
Company Name:
Email:
Confirm Email:
HTML
INside Edge
Morning Briefing
BigWigs & New Gigs
Life Sciences Indiana
Indiana Connections
INPower
Subscribe
Unsubscribe

Events



  • Most Popular Stories

    • $25M Behavioral Hospital Coming to Central Indiana

      Danville-based Hendricks Regional Health is partnering with US HealthVest to develop a stand-alone behavioral center on the Hendricks campus in Plainfield. Known as the Indianapolis Behavioral Hospital, the facility will provide specialized inpatient and outpatient mental health care to patients of all ages.

    • Indy, Atlanta Vie For Future FFA Conventions

      As the National FFA kicks of its National Convention and Expo in Indianapolis this week, the organization, and Indy convention planners, have an eye to what city will host future events. The 91st edition of the FFA convention is expected to attract nearly 70,000 attendees from every state in the nation, and pack a $40 million economic impact in the region. The lucrative event is committed to Indianapolis through 2024. Chief Executive Officer Mark Poeschl says...

    • Bags From Train Seats Put PUP in National Marketplace

      An Indianapolis-based nonprofit that creates wallets, handbags and backpacks from reclaimed materials is launching a nationally-focused line of products for the first time. People for Urban Progress, which sells hand-made items from materials including the fabric from the old Hoosier Dome and signage from when Indianapolis hosted the Super Bowl, is repurposing leather from the seats in Amtrak's Boston to Washington D.C. Acela Express trains. The new line includes...

    • Larry Bird Museum Planned For Terre Haute

      A first-of-its-kind museum honoring an Indiana basketball legend is being planned for downtown Terre Haute. The Vigo County Capital Improvement Board has announced the Larry Bird Museum will be located inside the planned Terre Haute Convention Center. The museum was announced during a VIP press conference Saturday in Terre Haute, which included remarks from Governor Eric Holcomb and CIB member Greg Gibson. The CIB says the museum will be the only...

    • Indiana Nonprofits Awarded Duke Energy Grants

      Plainfield-based Duke Energy Indiana says nearly two dozen nonprofits throughout the state will benefit from $315,000 in grants from the Duke Energy Foundation. The funding aims to support initiatives that enhance the regions where Duke customers live, work and play.