THE U.S. EMPLOYMENT SITUATION U.S. Bureau of Labor Statistics November 2024 Total nonfarm payroll employment rose by 227,000 in November, and the unemployment rate changed little at 4.2 percent, the U.S. Bureau of Labor Statistics reported today. Employment trended up in health care, leisure and hospitality, government, and social assistance. Retail trade lost jobs. Learn more at: www.bls.gov/news.release/pdf/empsit.pdf |
The unemployment rates for surrounding counties in November were Jasper 4.4 percent, Starke 5.1, Marshall 4.0, Fulton 4.7, Cass 5.1 and White 3.8 (all higher or the same as the previous month).
Howard County, at 9.3 percent, had the state's highest unemployment rate in November, followed by Fayette County at 6.6 percent. Daviess and Gibson counties (both 3.2 percent) again had the state's lowest unemployment rate.
EDITOR’S NOTE: Per the U.S. Bureau of Labor Statistics (BLS), sub-state level data are not seasonally adjusted due to sample size. For example, over the course of a year, the size of the labor force, employment and unemployment levels, and other measures of labor market undergo fluctuations due to seasonal events including changes in weather, harvests, major holidays, and school schedules. Therefore, for more accurate comparisons, data should be compared to the same month from prior years, not the previous month, as to better account for non-economic factors.
November 2024 Indiana Employment Report
INDIANAPOLIS (Dec. 20) - The unemployment rate of the State of Indiana in November was recorded to be 4.4%, according to the Indiana Department of Workforce Development. By comparison, the national unemployment rate reported for November was 4.2%.
In addition, Indiana’s labor force participation rate is 63.4% compared to the national rate of 62.5%. This rate is the percentage of Hoosiers 16 and older who are either working or actively looking for work. Those not in the labor force include, primarily, students, retirees and other non-working populations, such as individuals unable to work due to a disability or illness, or adults responsible for their family's childcare needs. Indiana’s total labor force stands at 3,442,250 and is at its highest on record.
November 2024 total private employment is 2,869,200 - a decrease of 2,800 from the previous month and 608,900 above the April 2020 Trough.
Industries that experienced job increases this month included:
- Trade, Transportation & Utilities (+3,300)
- Professional & Business Services (+3,100)
- Private Education & Health Services (+1,000)
As of Nov. 28, there were 92,158 open job postings throughout the state. As of the week ending on Nov. 30, Indiana had 20,931 continued unemployment insurance claims filed.
Individuals looking for work, training or career information are encouraged to visit in.gov/dwd/job-seekers.