Indiana s unemployment rate reached its highest point in almost two years at three point four percent in August. The rate is a minor increase from the month prior, according to new federal estimates. It is a small but more significant bump compared to August 2022 s unemployment rate.
Indiana s labor market strength was unchallenged in the first two months of 2023. February s unemployment rate was 3.1 percent in preliminary Federal data released Tuesday, marking a third consecutive month at that almost-historic low.
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Indiana s unemployment rate hit record lows for the third straight month in February at 2.3 percent as the state also recorded the highest number of people working in a private-sector job.