unemployment

Indiana’s unemployment rate had been steady at 3.5 percent for more than six months before increasing to 3.6 percent in April.

Indiana’s unemployment rate in the most recent jobs report, released Friday, remained steady in February at 3.5 percent. That marks six consecutive months at that rate.

The agency’s yearly revisions also show that the state had about 22,000 more people employed last year than originally reported.

The measure is 3.6 percent, back below the national unemployment rate and where the state’s unemployment rate had been in September and October. And the rate has now been below 4 percent for two-and-a-half years.

Join us this Friday, as we will talk with experts about the current state of the economy and potential concerns.    

Despite the unemployment increase, the number of people actively working remained high last month and also increased by 1.7 percent, a statistically significant growth, compared to August 2022.

More than 70 employers will attend U.S. Rep. Jim Banks' co-hosted job fair in Fort Wayne on Wednesday.

A federal judge has sentenced 28-year-old Oluwatobi Seton to five-and-a-half years in prison in connection with a COVID-19 unemployment fraud scheme that cost state and federal government agencies almost $5.5 million.

Instead of layoffs, work-share lets companies reduce employees’ hours and have the state pay affected workers a portion of their unemployment benefits relative to hours lost.

The key economic tension to watch out for in 2023 will likely be the balance between employment levels and the cost of living, experts say.