Indiana unemployment rate at 3.5 percent

Indiana’s unemployment rate stands at 3.5percent for August and remains lower than the national rate of 4.4 percent. With the exception of one month when it was equal (October 2015), Indiana’s unemployment rate now has been below the U.S. rate for four full years. The unemployment rate is a U.S. Bureau of Labor Statistics (BLS) indicator that reflects the number of unemployed people as a percentage of the labor force. Indiana’s labor force increased by 4,615 over the previous month due to an 8,007 decrease in employment and a 12,622 increase in unemployment. County by county unemployment rates will be released later today.