Indiana’s seasonally adjusted jobless rate for November was 5%, down from 5.5% in October.
The latest national jobs report reflects that the U.S. economy is adding jobs but at a slower pace.
Indiana’s jobless rate is falling as more people return to work from pandemic-related shutdowns or reduction in operations.
Indiana’s jobless rate dropped in August as more people returned to work across numerous industries after weeks off from pandemic fueled shutdowns and scaled back operations.
The latest government jobs report shows people around the country are returning to work as the nation continues to reopen after months of shut down because of the COVID-19 pandemic.
Indiana’s unemployment rate has remained unchanged for four straight months.
Jobless rates in some parts of Indiana rose in November when compared to the same month a year ago and fell in others.
The Indiana Department of Workforce Development, citing Bureau of Labor Statistics data, said the state’s jobless rate for November was 3.2%, where it has been since September.
A Ball State University economist believes the nation’s economy is slowing despite new jobs being created in September and improved job creation numbers in July and August.
Better than expected job gains in April shows the nation’s economy is continuing to expand.