Indianapolis-Carmel-Anderson, Indiana Unemployment
The BLS reported that the unemployment rate for Indianapolis rose 0.1 percentage points in May 2023 to 2.8%. For the same month, the metro unemployment rate was 0.3 percentage points lower than the Indiana rate. The unemployment rate in Indianapolis peaked in April 2020 at 13.2% and is now 10.4 percentage points lower. From a post peak low of 2.6% in January 2023, the unemployment rate has now grown by 0.2 percentage points. You can also compare Indianapolis unemployment with unemployment in other cities.
| Unemployment Rate | May 2023 | Month/Month | Year/Year |
|---|---|---|---|
| National | 3.7% | +0.3 | +0.1 |
| Indiana | 3.1% | +0.1 | +0.2 |
| Indianapolis | 2.8% | +0.1 | -0.1 |
Unemployment Rate: Indianapolis, Indiana, National
Note: Recessions shown in gray.
Indianapolis, Indiana Unemployed
The number of people unemployed in Indianapolis peaked in April 2020 at 134,738. There are now 102,627 fewer people unemployed in the metropolitan area. From a recent trough of 29,440 in January 2022, the number of unemployed has now grown by 2,671. Indianapolis employment and jobs data (including jobs lost/gained in Indianapolis, Indiana) is also available.
| Unemployed Persons | May 2023 | Month/Month | Year/Year |
|---|---|---|---|
| Indianapolis | 32,111 | +1,837 | +186 |
Number of Unemployed Persons
Indianapolis, Indiana Unemployment History
| Date | National Unemployment Rate |
Indiana Unemployment Rate |
Indianapolis Unemployment Rate |
Indianapolis Unemployed |
|---|---|---|---|---|
| June 2023 |
3.6% | — | — | — |
| May 2023 |
3.7% | 3.1% | 2.8% | 32,111 |
| April 2023 |
3.4% | 3.0% | 2.7% | 30,274 |
| March 2023 |
3.5% | 3.1% | 2.7% | 30,230 |
| February 2023 |
3.6% | 3.1% | 2.6% | 29,685 |
| January 2023 |
3.4% | 3.1% | 2.6% | 29,694 |
| December 2022 |
3.5% | 3.1% | 2.7% | 30,593 |
| November 2022 |
3.6% | 3.2% | 2.7% | 30,565 |
| October 2022 |
3.7% | 3.2% | 2.7% | 30,727 |
| September 2022 |
3.5% | 3.2% | 2.8% | 31,227 |
| August 2022 |
3.7% | 3.1% | 2.8% | 31,786 |
| July 2022 |
3.5% | 3.0% | 2.9% | 32,183 |
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. ↩
Department of Numbers
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