Hoosier Economy Indiana’s October unemployment report increases to 3.9 percent

Indiana’s October unemployment report increases to 3.9 percent

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On Monday, the Indiana Department of Workforce Development (DWD) announced Indiana’s October 2017 unemployment rate, an increase over September’s rate. The new rate is 3.9 percent and represents an increase of 0.1 percent from the previous month. Indiana’s unemployment rate is 0.2 percent lower than the national rate, and 0.3 percent lower than this time last year.

Surrounding states – Illinois, Kentucky, and Ohio observed decreases in their unemployment rates, while Michigan saw an increase in their rate. Although Michigan saw a 0.2 percent increase in October, their monthly rate is the lowest of our surrounding states, at 4.5 percent. Illinois saw a decrease of 0.1 percent in October, bringing their unemployment rate to 4.9 percent. Kentucky observed 0.2 percent decrease from September, bringing their overall unemployment rate to 5 percent overall. Ohio’s rate is the highest of our neighboring states at 5.1 percent, which represents a .2 percent decline from September.

IN County with the highest unemployment rate: Vermillion at 5.1%
IN Counties with the lowest rates: Adams, Elkhart, and LaGrange at 2.4% each

Employment Report (LAUS)

Jobs Report (CES)