Department of Numbers

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
Note: Metro level data is now seasonally adjusted.1 All comparisons are made with November 2022 data as December 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 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.