Indiana's unemployment rate fell to 2.7% in December, a record low for the state dating back to 1976, the Indiana Department of Workforce Development said today.
Private-sector employment jumped by 10,900 during the last month and has now increased for six of the last seven months, the department said in a statement. This has resulted in a gain of 82,400 jobs year-over-year, to 2,705,500, 35,000 below the December 2019 peak.
“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 in the statement. “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.”
The national unemployment rate dropped to 3.9% in December. Ohio's unemployment rate fell to 4.5%.