Unemployment rate unchanged in February – WOWO 1190 AM

Indianapolis (Inside Indiana Business) – Indiana’s unemployment rate remained at 3.1% for the third straight month in February. Private sector employment on Friday increased by 3,100 from the previous month, according to the Indiana Workforce Development Authority.

The additional jobs will bring the state’s total private employment to 2,827,300. That number increased him by 72,900 over the same period last year.

According to DWD, Indiana saw gains in professional and business services. leisure and hospitality. private education and health services sectors;

The state labor force participation rate stabilized at 63.4% in February, ahead of the national rate, which rose slightly to 62.5%. The labor force, including residents employed or looking for work, stood at 3,409,528, up nearly 430 from the previous month.

According to DWD, the state had 135,336 job openings and 19,485 unemployment claims filed as of March 16.

The state unemployment rate remains below the national unemployment rate, which rose two-tenths of a percentage point to 3.6%.