Indiana’s unemployment rate in March stands at 3.1%, according to the Indiana Department of Workforce Development. By comparison, the national unemployment rate for March stands at 3.5%.
In addition, Indiana’s labor force participation rate increased to 63.5% for March, remaining above the national rate of 62.6%. Indiana’s total labor force, which includes both Hoosiers employed and those seeking employment, stands at 3,416,350 – an increase of 6,653 from the previous month.
Marshall County had a March unemployment rate of 3.6% ranking us 35th of the 92 counties. Last month our unemployment rate was 3.7% and we were ranked 34th. In January Marshall County was 18th with a rate of 3.9%.
Looking over the last few years, Marshall County’s unemployment rate for 2022 was 2.3% with a ranking of 67th. The 2021 rate was 4.0% and ranked 53rd. In 2020 unemployment was 3.2% and in 2019 it was 3.7% with a ranking of 55th. Rounding out the last 5 years, Marshall County’s unemployment rate in 2018 was 3.1% and we were ranked 58th of 92 counties.
Looking at the counties surrounding Marshall County, Starke County is 4th on the list of counties again this month with an unemployment rate of 4.8%. LaPorte County is 6th on the list with a rate of 4.6% and Fulton County is ranked 18th with an unemployment rate of 4.0%. St. Joseph County isn’t too far behind at 20th with a rate of 4.0% and Elkhart County was 30th on the list of counties with a rate of 3.7%. Pulaski County has an unemployment rate of 3.5% ranking them 43rd and Kosciusko County is 56th on the list with a rate of 3.2%.
Lake County has the first place ranking for March unemployment with a rate of 5.4% and Gibson County remains at the bottom of the list with a rate of 2.3%.
Private sector employment for March in Indiana increased by 3,300 jobs over the last month, translating to a gain of 70,200 jobs from this time last year. Indiana’s March private employment stands at 2,830,500. This is a new private employment peak for Indiana. Industries that experienced job increases in March included:
- Professional and Business Services (+4,400);
- Trade, Transportation, and Utilities (+800);
- Leisure and Hospitality (+700); and
- Manufacturing (+400).
As of April 17, 2023, there were 130,218 open job postings throughout the state. In March, 17,039 unemployment insurance claims were filed in Indiana.
Individuals looking for work, training, or career information are encouraged to visit in.gov/dwd/job-seekers.