Indiana’s private sector added nearly 7,000 jobs last month, but the labor force gained more than 20,000 new Hoosiers.
January's unemployment rate was 4.6 percent, better than all of Indiana's neighboring states.
The Hoosier State’s private sector added 3,400 jobs last month, helping keep the unemployment rate at 4.4 percent.
The Indiana unemployment rate fell to 4.4 percent last month, the lowest level since August 2001.
The state’s unemployment insurance trust fund ran out of money when the recession hit, forcing Indiana to take out the loan.
The Hoosier State’s private sector rebounded from August job losses to add 6,600 jobs last month.
The move comes after an enthusiastic response from the State Budget Committee.
The unemployment rate fell to 4.6 percent in August; that’s the lowest level since 2007.
Indiana's unemployment rate also dropped to 4.7 percent in July.
The unemployment rate decreased to 4.9 percent last month, marking the first time it’s dropped below 5 percent since February 2008.