Hiring and Layoffs and Unemployment and Employees and Employment

Indiana unemployment rate ticks up to 9.8 percent

March 26, 2010

Indiana's unemployment rate is holding fairly steady.

The state Department of Workforce Development said Friday that the revised seasonally-adjusted unemployment inched up just one-tenth of a percentage point, to 9.8 percent, for February.

The state's jobless rate has been either 9.8 percent or 9.7 percent the past four months.

Indiana was the only state among its neighbors to report a jobless rate less than 10 percent in February and the only one of the five to report year-to-year unemployment growing less than one percentage point.

The agency said there were more people working in several employment sectors, including manufacturing and professional and business services. Workforce Commissioner Teresa Voors said that sector includes temporary staffing, which often predicts future job growth.

The number of unemployed Hoosiers increased to 329,931 in February from a revised 326,568 in January. The state’s labor force fell slightly in February, to just under 3.1 million, DWD said.

The state's unemployment rate was 9.5 percent a year ago.

The non-seasonally adjusted jobless rate in the Indianapolis metro area was 9.3 percent in January, up from a revised 8.4 percent in December.

ADVERTISEMENT

Recent Articles by IBJ Staff and Associated Press

Comments powered by Disqus