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January Unemployment Rate For Indiana Continues To Show Improvement

By Justin Hicks, IPB News | Published on in Business, Economy, Government
The unemployment rate continues to drop in Indiana as companies begin hiring due to a decrease in COVID-19 restrictions. (Justin Hicks/IPB News)
The unemployment rate continues to drop in Indiana as companies begin hiring due to a decrease in COVID-19 restrictions. (Justin Hicks/IPB News)

Indiana’s unemployment rate continued to fall in January, according to data from the Bureau of Labor Statistics. It dropped almost half a percent to reach 4.2 percent for the month.

However the federal agency and economists continue to note that uncertainty in employment caused by COVID-19 could mean the rate is actually a little higher.

The Indiana Department of Workforce Development reports Leisure and Hospitality and Manufacturing sectors added workers in January, while there was a slight decrease in business and financial jobs.

The national unemployment rate remains two percentage points higher than Indiana’s.

Contact reporter Justin at jhicks@wvpe.org or follow him on Twitter at @Hicks_JustinM.