Indiana’s unemployment rate dropped slightly from 3.7 percent in November to 3.6% in December, according to the Indiana Department of Workforce Development (DWD).

The national unemployment rate for December was 3.7%.

Indiana’s labor force participation rate was 63.2% for December, remaining above the national rate of 62.5%. The rate is the percentage of Hoosiers 16 and older who are either working or actively looking for work. Those not in the labor force include, primarily, students, retirees and other non-working populations, such as individuals unable to work due to a disability or illness, or adults responsible for their family’s childcare needs.

Indiana’s total labor force was 3,420,262 – a decrease of 2,989 from the previous month.

“As core inflation abates and the economy normalizes, Indiana remains in a strong economic position,” said DWD Commissioner Richard Paulk. “Private employment grew throughout the year and the Department of Workforce Development continues to partner with employers and our regional offices in connecting talent to jobs and providing necessary training to meet the state’s employment needs.”

Private sector employment in Indiana decreased by 200 jobs over the last month, resulting in a gain of 45,400 jobs from this time last year. Indiana’s December private employment was 2,858,500.

Industries that experienced job increases in December included:

  • Professional and Business Services (+600);
  • Private Educational and Health Services (+400); and
  • Manufacturing (+300).

As of Jan. 16, 2024, there were 99,220 open job postings throughout the state.