Indiana’s labor force extended a record streak of improvement over the past year to hit another new peak.
The Indiana Department of Workforce Development recently reported that the state’s labor force now stands at 3,415,523. The measure is considered an important indicator of economic growth because it counts for both those who have a job or are actively searching for one.
Indiana’s labor force participation rate in April stood at 65.3 percent, which has outperformed the national average of 62.8 percent for nearly five years.
