INDIANAPOLIS, IN - Indiana’s unemployment rate dropped to 2.3% in February from 2.4% in January, continuing a desirable trend that began in May 2020 coming out of the state’s stay-at-home period at the start of the COVID-19 pandemic.

According to the Indiana Department of Workforce Development, the national unemployment rate also dropped a little, decreasing to 3.8% in February from 4.0% in January.

Not only are unemployment rates historically low, more people continue to get back into the workforce. Indiana’s labor force participation rate rose from 61.9% in January to 62.1% in February, falling just below the national rate of 62.3%.

Indiana’s total labor force, which includes both Hoosiers employed and those seeking employment, stands at 3,315,890. That’s still bigger than the 3.28 million labor force right before the pandemic struck.

Currently, there are 152,390 open job postings throughout the state.

The number of people in Indiana that received unemployment benefits during February was 22,901.