Hoosier Economy Unemployment rate dips down to 6.4%

Unemployment rate dips down to 6.4%

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On Monday, the Indiana Department of Workforce Development (DWD) announced Indiana’s January unemployment rate dipped to 6.4 percent.

The national unemployment dropped to 6.6 percent, remaining slightly higher than Indiana’s unemployment rate for the first time in 31 months. Ohio’s unemployment rate ticked down slightly to 6.9 percent, a 0.2 point decrease. The unemployment rate  in Kentucky dipped slightly to 7.7 percent from 7.9 percent in December. Illinois and Michigan’s January jobless rates both dropped as well. Michigan fell  0.5 points to 7.8 percent, and Illinois dropped slightly to 8.7 percent from 8.9 respectively.

County with the highest unemployment rate: Vermillion at 11.0%
County with the lowest unemployment rate: Hamilton at 4.5%

Employment Report (LAUS)

Jobs Report (CES)