Kokomo, Indiana, has experienced the fastest-rising unemployment rate of any metro area in the U.S. over the past five years, according to a recent study by Asana. The city’s jobless rate jumped from 3.9% in July 2019 to 7% in July 2024, a 79.49% increase.
Fort Wayne ranked second nationally for unemployment growth, with the rate climbing from 3.4% to 5.9%, an increase of 73.53%. Columbus, Indiana, also made the list, placing sixth with a 65.38% increase.
The study used data from the U.S. Bureau of Labor Statistics, comparing unemployment figures for 389 metro areas from July 2019 to July 2024. While three Indiana cities were highlighted for rising unemployment, areas in Mississippi—Gulfport-Biloxi, Jackson, and Hattiesburg—saw the largest decreases over the same period.
The report also noted increases in larger cities such as New York (36%), Los Angeles (30%), and Chicago (51%).
“America’s most populated cities – New York, Los Angeles, and Chicago – have all seen their unemployment figures rise by 36%, 30%, and 51%, respectively,” a spokesperson for Asana said.
