Department of Numbers

Kokomo, Indiana Unemployment

The BLS reported that the unemployment rate for Kokomo fell 0.1 percentage points in July 2019 to 4.3%. For the same month, the metro unemployment rate was 0.9 percentage points higher than the Indiana rate. The unemployment rate in Kokomo peaked in May 2009 at 18.9% and is now 14.6 percentage points lower. From a post peak low of 3.4% in November 2017, the unemployment rate has now grown by 0.9 percentage points. You can also compare Kokomo unemployment with unemployment in other cities.

Unemployment Rate July 2019 Month/Month Year/Year
National 3.7% 0.0 -0.2
Indiana 3.4% -0.1 -0.1
Kokomo 4.3% -0.1 +0.7
Note: Metro level data is now seasonally adjusted.1 All comparisons are made with July 2019 data as August 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 6,629. There are now 4,997 fewer people unemployed in the metropolitan area. From a recent trough of 1,274 in January 2018, the number of unemployed has now grown by 358.

Unemployed Persons July 2019 Month/Month Year/Year
Kokomo 1,632 -50 +281

Number of Unemployed Persons

Kokomo, Indiana Unemployment History

Date National
Unemployment Rate
Indiana
Unemployment Rate
Kokomo
Unemployment Rate
Kokomo
Unemployed
September
2019
3.5%
August
2019
3.7% 3.3%
July
2019
3.7% 3.4% 4.3% 1,632
June
2019
3.7% 3.5% 4.4% 1,682
May
2019
3.6% 3.6% 4.6% 1,785
April
2019
3.6% 3.6% 4.9% 1,906
March
2019
3.8% 3.6% 4.5% 1,731
February
2019
3.8% 3.5% 4.6% 1,772
January
2019
4.0% 3.5% 4.7% 1,800
December
2018
3.9% 3.5% 3.8% 1,407
November
2018
3.7% 3.5% 3.8% 1,407
October
2018
3.8% 3.5% 3.7% 1,397

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.