Department of Numbers

Kokomo, Indiana Unemployment

The BLS reported that the unemployment rate for Kokomo fell 0.1 percentage points in November 2017 to 3.5%. For the same month, the metro unemployment rate was 0.2 percentage points lower than the Indiana rate. The unemployment rate in Kokomo peaked in May 2009 at 18.9% and is now 15.4 percentage points lower. From a post peak low of 3.1% in May 2017, the unemployment rate has now grown by 0.4 percentage points. You can also compare Kokomo unemployment with unemployment in other cities.

Unemployment Rate November 2017 Month/Month Year/Year
National 4.1% 0.0 -0.5
Indiana 3.7% -0.2 -0.4
Kokomo 3.5% -0.1 -0.8
Note: Metro level data is now seasonally adjusted.1 All comparisons are made with November 2017 data as December metro level unemployment data has not yet been released.

Unemployment Rate: Kokomo, Indiana, National

Kokomo, Indiana monthly unemployment rate chart

Note: Recessions shown in gray.

Kokomo, Indiana Unemployed

The number of people unemployed in Kokomo peaked in May 2009 at 6,640. There are now 5,292 fewer people unemployed in the metropolitan area. From a recent trough of 1,188 in May 2017, the number of unemployed has now grown by 160.

Unemployed Persons November 2017 Month/Month Year/Year
Kokomo 1,348 -42 -275

Number of Unemployed Persons

Kokomo, Indiana Unemployment History

Date National
Unemployment Rate
Indiana
Unemployment Rate
Kokomo
Unemployment Rate
Kokomo
Unemployed
December
2017
4.1%
November
2017
4.1% 3.7% 3.5% 1,348
October
2017
4.1% 3.9% 3.6% 1,390
September
2017
4.2% 3.8% 3.9% 1,527
August
2017
4.4% 3.5% 3.9% 1,539
July
2017
4.3% 3.1% 3.7% 1,449
June
2017
4.3% 3.0% 4.2% 1,651
May
2017
4.3% 3.2% 3.1% 1,188
April
2017
4.4% 3.6% 3.2% 1,249
March
2017
4.5% 3.9% 4.0% 1,544
February
2017
4.7% 4.1% 4.4% 1,704
January
2017
4.8% 4.0% 4.4% 1,693

1. Metro area unemployment rates are now seasonally adjusted. The BLS has started publishing smoothed seasonally adjusted metropolitan area data which makes comparisons to state and national data more relevant than the unadjusted numbers.