Kokomo, Indiana Unemployment
The BLS reported that the unemployment rate for Kokomo fell 0.0 percentage points in November 2022 to 5.3%. For the same month, the metro unemployment rate was 2.3 percentage points higher than the Indiana rate. The unemployment rate in Kokomo peaked in April 2020 at 30.8% and is now 25.5 percentage points lower. From a post peak low of 4.2% in May 2022, the unemployment rate has now grown by 1.1 percentage points. You can also compare Kokomo unemployment with unemployment in other cities.
| Unemployment Rate | November 2022 | Month/Month | Year/Year |
|---|---|---|---|
| National | 3.6% | -0.1 | -0.6 |
| Indiana | 3.0% | 0.0 | +0.3 |
| Kokomo | 5.3% | 0.0 | -0.4 |
Unemployment Rate: Kokomo, Indiana, National
Note: Recessions shown in gray.
Kokomo, Indiana Unemployed
The number of people unemployed in Kokomo peaked in April 2020 at 13,072. There are now 11,266 fewer people unemployed in the metropolitan area. From a recent trough of 1,433 in May 2022, the number of unemployed has now grown by 373.
| Unemployed Persons | November 2022 | Month/Month | Year/Year |
|---|---|---|---|
| Kokomo | 1,806 | +20 | -114 |
Number of Unemployed Persons
Kokomo, Indiana Unemployment History
| Date | National Unemployment Rate |
Indiana Unemployment Rate |
Kokomo Unemployment Rate |
Kokomo Unemployed |
|---|---|---|---|---|
| December 2022 |
3.5% | — | — | — |
| November 2022 |
3.6% | 3.0% | 5.3% | 1,806 |
| October 2022 |
3.7% | 3.0% | 5.3% | 1,786 |
| September 2022 |
3.5% | 2.8% | 5.2% | 1,781 |
| August 2022 |
3.7% | 2.8% | 5.2% | 1,755 |
| July 2022 |
3.5% | 2.6% | 4.7% | 1,588 |
| June 2022 |
3.6% | 2.4% | 4.5% | 1,511 |
| May 2022 |
3.6% | 2.2% | 4.2% | 1,433 |
| April 2022 |
3.6% | 2.2% | 4.4% | 1,491 |
| March 2022 |
3.6% | 2.2% | 4.6% | 1,546 |
| February 2022 |
3.8% | 2.3% | 4.8% | 1,616 |
| January 2022 |
4.0% | 2.4% | 5.2% | 1,753 |
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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