Department of Numbers

Kokomo, Indiana Unemployment

The BLS reported that the unemployment rate for Kokomo fell 0.1 percentage points in February 2021 to 7.8%. For the same month, the metro unemployment rate was 3.8 percentage points higher than the Indiana rate. The unemployment rate in Kokomo peaked in April 2020 at 33.8% and is now 26.0 percentage points lower. From a post peak low of 5.8% in December 2020, the unemployment rate has now grown by 2.0 percentage points. You can also compare Kokomo unemployment with unemployment in other cities.

Unemployment Rate February 2021 Month/Month Year/Year
National 6.2% -0.1 +2.7
Indiana 4.0% -0.2 +0.8
Kokomo 7.8% -0.1 +4.3
Note: Metro level data is now seasonally adjusted.1 All comparisons are made with February 2021 data as March 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 13,841. There are now 11,040 fewer people unemployed in the metropolitan area. From a recent trough of 2,176 in December 2020, the number of unemployed has now grown by 625.

Unemployed Persons February 2021 Month/Month Year/Year
Kokomo 2,801 -64 +1,501

Number of Unemployed Persons

Kokomo, Indiana Unemployment History

Date National
Unemployment Rate		 Indiana
Unemployment Rate		 Kokomo
Unemployment Rate		 Kokomo
Unemployed
March
2021		 6.0% — — —
February
2021		 6.2% 4.0% 7.8% 2,801
January
2021		 6.3% 4.2% 7.9% 2,865
December
2020		 6.7% 4.6% 5.8% 2,176
November
2020		 6.7% 5.0% 6.3% 2,243
October
2020		 6.9% 5.6% 6.2% 2,260
September
2020		 7.8% 6.3% 7.5% 2,753
August
2020		 8.4% 7.3% 7.4% 2,716
July
2020		 10.2% 8.6% 8.8% 3,252
June
2020		 11.1% 10.1% 16.8% 6,526
May
2020		 13.3% 12.0% 22.7% 9,440
April
2020		 14.8% 16.9% 33.8% 13,841

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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