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Indiana Unemployment Rate Continues To Drop

Friday, November 20, 2020 at 11:11 AM

By Travis Thayer @TheTravisThayer

The state's jobless rate fell to 5.0 percent in October.

(Indianapolis, Ind.) – Indiana’s unemployment rate continues to drop.

The Indiana Department of Workforce Development says the state’s jobless rate dropped to 5.0 percent in October, down from 6.2 percent a month prior.

Indiana’s unemployment rate remains below the national rate of 6.9 percent.

The state’s total labor force, which includes both Hoosiers employed and those seeking employment, stands at 3.34 million, and the state’s 63.1 percent labor force participation rate remains above the national rate of 61.7 percent.

October employment data for Indiana Counties, Cities and MSAs will be available Monday, Nov. 23, 2020, at noon (Eastern) pending U.S. Bureau of Labor Statistics validation.

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