Indiana Jobless Rate Hits 16-Year Low

Indiana’s March unemployment rate is at its lowest point since 2001, according to state officials. They note the 3.9 percent rate is also well below the national average of 4.5 percent. The unemployment rate reflects the number of unemployed people as a percentage of the labor force. Indiana’s labor force increased by more than 6,000 over the past month, according to Indiana Department of Workforce Development Commissioners Steven J. Braun. Statewide employment saw a 12,322 increase, and a 6,229 decrease in unemployment. Continue reading