INDIANAPOLIS - Indiana’s unemployment rate slightly dropped to 4.0 percent for February, and the national rate slightly dropped to 6.2 percent. 

Indiana’s labor force had a net decrease of 4,971 over the previous month. This was a result of a decrease of 7,402 unemployed residents and an increase of 2,431 employed residents.

Indiana's total labor force, which includes both Hoosiers employed and those seeking employment, stands at 3.34 million, and the state’s 63.2 percent labor force participation rate remains above the national rate of 61.4 percent.