State unemployment unchanged from October to November

("3D Employment Graph" by ccPixs.com, CC by 2.0)

Indiana’s unemployment rate is unchanged from October to November.

According to the Indiana Department of Workforce Development, the state’s jobless rate stands at 5.0 percent for November. That is below the national rate of 6.7 percent. The state’s jobless rate is up 1.8 percent from this time last year, which is mainly due to the COVID-19 pandemic.

Indiana’s labor force had a net decrease of 40,274 over the previous month. This was a result of a decrease of 17,345 unemployed residents and a decrease of 22,929 employed residents. Indiana’s total labor force, which includes both Hoosiers employed and those seeking employment, stands at 3.33 million, and the state’s 62.9 percent labor force participation rate remains above the national rate of 61.5 percent.