CARMEL, Ind. — The City of Carmel is experiencing a very low rate of unemployment.
The city’s unemployment rate for November was 1.2%, down from October’s rate of 1.6%, according to the Indiana Department of Workforce Development.
Carmel’s unemployment rate is the lowest among any city in Indiana with a population of at least 25,000.
Mayor Jim Brainard said the low unemployment rate is a reflection of the city’s ability to attract highly-educated residents who are able to fill the city’s many high-wage jobs.
“These unemployment numbers show that our local economy is strong and that we are benefiting by having built a city with a high quality of life that can attract the professionals – young and old – who are able to fill the thousands of jobs created by our growing corporate community,” said Mayor Brainard.
Indiana’s unemployment rate for November was 3%, meaning about 101,000 workers are seeking employment out of a labor force of more than 3.3 million.
