The state's private sector increased jobs for the third consecutive month after a 2,500-person boost in September. But the unemployment rate remains at 3.5 percent.

Between 2020 and 2050 the research estimates the labor force in Indiana will add only 34,000 workers total. That's in contrast to about 280,000 new employees per decade from 1950 to 2010.

The rate was helped by a 5,200 job surge in the state's private sector, led by the construction industry.

Indiana's unemployment rate rebounded in November after four consecutive months of increases.

The rate stayed at 4.5 percent last month. That's still its lowest level in nearly a year and lower than all of its neighboring states.

But even with the job growth, the state's unemployment rate increased for the third consecutive month.

Indiana's private sector added nearly 7,000 jobs last month. Yet the unemployment rate climbed a tenth of a percent to 4.7 percent, its highest level since June.