Kokomo, Indiana Unemployment
The BLS reported that the unemployment rate for Kokomo fell 0.0 percentage points in November 2020 to 6.2%. For the same month, the metro unemployment rate was 1.2 percentage points higher than the Indiana rate. The unemployment rate in Kokomo peaked in April 2020 at 33.8% and is now 27.6 percentage points lower. From a post peak low of 6.2% in October 2020, the unemployment rate has now grown by 0.0 percentage points. You can also compare Kokomo unemployment with unemployment in other cities.
Unemployment Rate | November 2020 | Month/Month | Year/Year |
---|---|---|---|
National | 6.7% | -0.2 | +3.1 |
Indiana | 5.0% | -0.5 | +1.8 |
Kokomo | 6.2% | 0.0 | +2.7 |
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 13,841. There are now 11,601 fewer people unemployed in the metropolitan area.
Unemployed Persons | November 2020 | Month/Month | Year/Year |
---|---|---|---|
Kokomo | 2,240 | -20 | +950 |
Number of Unemployed Persons
Kokomo, Indiana Unemployment History
Date | National Unemployment Rate |
Indiana Unemployment Rate |
Kokomo Unemployment Rate |
Kokomo Unemployed |
---|---|---|---|---|
December 2020 |
6.7% | — | — | — |
November 2020 |
6.7% | 5.0% | 6.2% | 2,240 |
October 2020 |
6.9% | 5.5% | 6.2% | 2,260 |
September 2020 |
7.8% | 6.3% | 7.5% | 2,753 |
August 2020 |
8.4% | 6.4% | 7.4% | 2,716 |
July 2020 |
10.2% | 7.9% | 8.8% | 3,252 |
June 2020 |
11.1% | 11.1% | 16.8% | 6,526 |
May 2020 |
13.3% | 12.3% | 22.7% | 9,440 |
April 2020 |
14.8% | 17.5% | 33.8% | 13,841 |
March 2020 |
4.4% | 3.0% | 3.6% | 1,288 |
February 2020 |
3.5% | 3.1% | 3.5% | 1,300 |
January 2020 |
3.5% | 3.1% | 3.5% | 1,309 |
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. ↩