IBJNews

Indiana unemployment rate drops to 5.9 percent

 The Statehouse File
April 18, 2014
Keywords
Back to TopCommentsE-mailPrintBookmark and Share

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.

 

ADVERTISEMENT

  • 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.

    Post a comment to this story

    COMMENTS POLICY
    We reserve the right to remove any post that we feel is obscene, profane, vulgar, racist, sexually explicit, abusive, or hateful.
     
    You are legally responsible for what you post and your anonymity is not guaranteed.
     
    Posts that insult, defame, threaten, harass or abuse other readers or people mentioned in IBJ editorial content are also subject to removal. Please respect the privacy of individuals and refrain from posting personal information.
     
    No solicitations, spamming or advertisements are allowed. Readers may post links to other informational websites that are relevant to the topic at hand, but please do not link to objectionable material.
     
    We may remove messages that are unrelated to the topic, encourage illegal activity, use all capital letters or are unreadable.
     

    Messages that are flagged by readers as objectionable will be reviewed and may or may not be removed. Please do not flag a post simply because you disagree with it.

    Sponsored by
    ADVERTISEMENT

    facebook - twitter on Facebook & Twitter

    Follow on TwitterFollow IBJ on Facebook:
    Follow on TwitterFollow IBJ's Tweets on these topics:
     
    Subscribe to IBJ
    1. How can any company that has the cash and other assets be allowed to simply foreclose and not pay the debt? Simon, pay the debt and sell the property yourself. Don't just stiff the bank with the loan and require them to find a buyer.

    2. If you only knew....

    3. The proposal is structured in such a way that a private company (who has competitors in the marketplace) has struck a deal to get "financing" through utility ratepayers via IPL. Competitors to BlueIndy are at disadvantage now. The story isn't "how green can we be" but how creative "financing" through captive ratepayers benefits a company whose proposal should sink or float in the competitive marketplace without customer funding. If it was a great idea there would be financing available. IBJ needs to be doing a story on the utility ratemaking piece of this (which is pretty complicated) but instead it suggests that folks are whining about paying for being green.

    4. The facts contained in your post make your position so much more credible than those based on sheer emotion. Thanks for enlightening us.

    5. Please consider a couple of economic realities: First, retail is more consolidated now than it was when malls like this were built. There used to be many department stores. Now, in essence, there is one--Macy's. Right off, you've eliminated the need for multiple anchor stores in malls. And in-line retailers have consolidated or folded or have stopped building new stores because so much of their business is now online. The Limited, for example, Next, malls are closing all over the country, even some of the former gems are now derelict.Times change. And finally, as the income level of any particular area declines, so do the retail offerings. Sad, but true.

    ADVERTISEMENT