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Indiana unemployment rate drops to 5.9 percent

 The Statehouse File
April 18, 2014
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The state’s unemployment rate continued to fall in March, dropping to less than 6 percent for the first time since July 2008.

The state’s rate of 5.9 percent is better than the national rate and those in surrounding states. The rate has fallen from 6.1 percent in February and from 7.9 percent one year ago.

“Our rate has dropped by 2 percentage points in one year, which is the third largest decline in the nation,” said Scott Sanders, commissioner of the Indiana Department of Workforce Development. “The Hoosier labor force has grown by more than 25,000 in the first quarter of 2014 alone, which is also remarkable.”

Indiana added 3,200 private sector jobs in March and the state ranks eighth in the nation in total private-sector job growth since July, 2009, the low point of employment in the state. During that time, Indiana has grown 215,500 private sector jobs, led in part by strong growth in the manufacturing sector.

State officials also said claims for state unemployment insurance in March were nearly 10,000 below March 2013 levels and are at their lowest since 2007. Initial claims for unemployment insurance are at their lowest levels since 2000.

 

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  • Waiting for the Spin From the Governor's Office
    I wonder if the state counted those 100 promised jobs from German companies. You know, the jobs that the Governor held 3 press conferences to announce. Maybe we could add those into the calculation and reduce the rate to 5.8%.
  • Fed Interest?
    Does this mean the Indiana Department of Workforce Development will start paying interest it owes on the billions it borrowed from the Feds? That interest is currently being paid by small business owners like myself and it's outrageous. We're paying interest for their mistakes. I wish I could find someone to pay my interest. But no, I have to pay my own and the IDWD's. It's more than my house payment.
  • Relativity
    It appears Indiana is making progress in job creation and lowering the unemployment rate relative to other states. The questions other commenters raise about real numbers are good ones, and would equally apply to all states.
  • exactly
    what exactly is a liveable wage? the exact amount? and how would you define "liveable"? ... And by what increment does it need to be increased during a defined period of time (annually?) and exactly how much of an increase in prices are you willing to tolerate to pay for the "liveable wage"?
  • laughter
    If there was a D after the governors name then the comments would have been the numbers are lies and fabrication. All you need to do is look at what folks say when the Fed post numbers.
  • Partisan
    My prediction: If the governor has a D next to his name instead of an R there would be 0 comments on this article.
    • working poor
      Perhaps this story tell it all:(From Channel 13), so the $7 an hour jobs aren't helping people live "Indiana workers' pay didn't keep pace with inflation last year, and economic experts say the state needs to focus more on the quality of jobs instead of the quantity to close the distance." So these $7 an hour jobs arent herl
    • Yeah right
      I wander what the real number is if you included the people who gave up hope of finding a liveable wage? "People who are no longer counted!" I guess the 11.00 hour jobs are something to brag about in these days. Sarcasm.

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