Indiana’s seasonally adjusted unemployment rate remained at 4.4 percent in November, continuing the trend of the lowest unemployment levels experienced in the Hoosier State since August of 2001.
Numbers released this morning by the Indiana Department of Workforce Development say Indiana’s labor force also maintained the recent trend, gaining more than 7,000 in November. Indiana has now added nearly 100,000 individuals to the labor force since January 2013, which leads the Midwest.
The gap in the labor force participation rate between Indiana and the national average further improved in November. Indiana’s rate has now exceeded the national rate for nineteen consecutive months.
Private sector employment in The Hoosier State increased by 3,400 in November, as significant gains occurred in the Construction and Trade, Transportation & Utilities sectors. Increases were partially offset by losses in the Manufacturing sector. Indiana has added 54,000 private sector jobs over the past 12 months.
Workforce Development Commissioner Steve Braun says unemployment in The Hoosier State continues to be at its lowest levels in more than a decade. Meanwhile, Braun says Indiana continues to lead the Midwest in labor force growth by a significant amount.
Braun also noted that total claims for unemployment insurance in Indiana for 2015 are at their lowest levels since 1997.
County by County unemployment numbers for the month of November will be released on Monday.
