Department of Numbers

Kokomo, Indiana Unemployment

The BLS reported that the unemployment rate for Kokomo fell 0.3 percentage points in July 2021 to 9.7%. For the same month, the metro unemployment rate was 5.6 percentage points higher than the Indiana rate. The unemployment rate in Kokomo peaked in April 2020 at 30.2% and is now 20.5 percentage points lower. From a post peak low of 5.4% in April 2021, the unemployment rate has now grown by 4.3 percentage points. You can also compare Kokomo unemployment with unemployment in other cities.

Unemployment Rate July 2021 Month/Month Year/Year
National 5.4% -0.5 -4.8
Indiana 4.1% 0.0 -4.5
Kokomo 9.7% -0.3 -0.4
Note: Metro level data is now seasonally adjusted.1 All comparisons are made with July 2021 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 April 2020 at 12,689. There are now 9,110 fewer people unemployed in the metropolitan area. From a recent trough of 1,886 in April 2021, the number of unemployed has now grown by 1,693.

Unemployed Persons July 2021 Month/Month Year/Year
Kokomo 3,579 -116 -79

Number of Unemployed Persons

Kokomo, Indiana Unemployment History

Date National
Unemployment Rate		 Indiana
Unemployment Rate		 Kokomo
Unemployment Rate		 Kokomo
Unemployed
August
2021		 5.2% — — —
July
2021		 5.4% 4.1% 9.7% 3,579
June
2021		 5.9% 4.1% 10.0% 3,695
May
2021		 5.8% 4.0% 8.0% 2,878
April
2021		 6.1% 3.9% 5.4% 1,886
March
2021		 6.0% 3.9% 5.9% 2,104
February
2021		 6.2% 4.0% 9.0% 3,310
January
2021		 6.3% 4.2% 7.3% 2,648
December
2020		 6.7% 4.6% 5.6% 2,002
November
2020		 6.7% 5.0% 6.0% 2,151
October
2020		 6.9% 5.6% 6.6% 2,356
September
2020		 7.8% 6.3% 8.5% 3,061

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. ↩

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