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State, Indy area added jobs in May; unemployment rates fall

June 21, 2013
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The state added a smattering of jobs in May and the unemployment rate fell slightly, from 8.5 percent to 8.3 percent, the Indiana Department of Workforce Development reported Friday morning.

Indiana created a seasonally adjusted 7,500 positions in the month—up 0.3 percent from April and 1.4 percent from a year earlier—as the private sector churned out more than enough jobs to compensate for a decline of 1,500 jobs in government.

Sectors showing job gains in May included trade, transportation and utilities (4,100); leisure and hospitality (3,300); and financial services (1,400). Business and professional services, a category that includes temporary workers, also was up substantially (2,500 jobs).

Declines occurred in private educational and health services (1,600) and manufacturing (800).

The Indianapolis-Carmel metropolitan area performed better than the state.

Job numbers increased 2 percent—or 19,000 positions—from April. Compared to May 2012, the area saw employment rise by 27,000 positions—a 3-percent increase. The unemplopyment rate in the metro area improved from 7.6 percent in May 2012 to 7.4 percent in May 2013.

Metro area data is not seasonally adjusted, thus is best compared with the same month in prior years.

Indiana University predicts the state economy will stay about the same for the next few months. The Business Research Center at the Kelley School of Business recently issued an index of 100.7—meaning that it anticipates neither significant growth nor contraction.

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  • Unemployment rate falls
    The still-downturned economy is trigger companies to stretch their workers further and further, states a recent study. That trend, the report concludes, is liable for rising job burnout among American employees. If you need money while waiting for a new job, get a cash solutions.
  • Strategery
    No worries. The massive benefits from new terrain I-69, RTWFL, Daylight Savings Time, and a wrath of ALEC inspired boondoggles rammed down our throats will kick in and produce massive job creation any time now.
  • No B.S. Please...
    Aaron, how many of these "jobs" are FTEs, Fulltime (40hours), are NOT ties to ax incentives and...(drumroll) have full benefits? Hmmmmmmmm?
  • How About Apples to Apples
    If we compare the April-May monthly gain on a like for like basis (using unadjusted data), Indianapolis gained 19,000 and the part of Indiana outside of the Indianapolis MSA gained 7,500 jobs. Indy accounted for 72% of all the job growth in the state.
    • Temps...
      Summer temp work is up and some teenagers got summer jobs. That simple.
    • Ongoing Layoffs
      Unemployment fell but the area hospitals are still laying off their employees. St. Vincent and Community East are doing it on a monthly basis. Why isn't that mentioned in the news. I also heard that armed guards were present at the recent St. Vincent layoffs to escort folks out of the door. Real classy!!!

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    1. How much you wanna bet, that 70% of the jobs created there (after construction) are minimum wage? And Harvey is correct, the vast majority of residents in this project will drive to their jobs, and to think otherwise, is like Harvey says, a pipe dream. Someone working at a restaurant or retail store will not be able to afford living there. What ever happened to people who wanted to build buildings, paying for it themselves? Not a fan of these tax deals.

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