Indiana unemployment hits 14-year low
INDIANA — According to data from the Indiana Department of Workforce Development, Indiana unemployment dropped to 4.4 percent in October. The Hoosier State has added 90,000 jobs while the October unemployment rate hit its lowest point in 14 years.
“The Hoosier unemployment rate is now at the lowest level since August of 2001,” said Steven J. Braun, commissioner of the Indiana Department of Workforce Development. “Additionally, Indiana’s labor force growth since January of 2013 continues to outpace all other Midwest states.”
Private sector employment in Indiana is now 12,800 jobs above March 2000 peak employment levels. Braun also noted weekly claims for unemployment insurance in Indiana continue to be at their lowest levels in more than a decade.