State Unemployment Rate Remains Same For April
Indiana’s unemployment rate remains at 3.6 percent for April, and the national rate also stands at 3.6 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 increase of 1,349 over the previous month. This was a result of an increase of 29 unemployed residents and an increase of 1,320 employed residents. Indiana’s total labor force, which includes both Hoosiers employed and those seeking employment, stands at 3.41 million, and the state’s 65.3 percent labor force participation rate remains above the national rate of 62.8 percent.
Learn more about how unemployment rates are calculated here: http://www.hoosierdata.in.gov/infographics/employment-status.asp .
Leave a Reply
You must be logged in to post a comment.