IBJNews

Indiana's jobless rate experiences another big drop

 IBJ Staff
March 28, 2014
Keywords
Back to TopCommentsE-mailPrintBookmark and Share

The seasonally-adjusted unemployment rate in Indiana dropped significantly in February, falling to 6.1 percent from 6.4 percent in January, the Department of Workforce Development announced Friday morning.

February’s drop marked the second straight big decline in the jobless rate. The rate in January fell four-tenths of a percentage point.

The state added 5,400 private-sector jobs February while the number of officially unemployed Hoosiers fell to fewer than 200,000 for the first time since August 2008, the state said.

The state said initial claims for unemployment insurance in February were nearly 5,000 below February 2013 levels and are at their lowest levels in nearly 15 years.

Employment sectors showing the biggest gains in February were leisure and hospitality with 2,200 jobs, and construction with 2,000 jobs.

Indiana’s unemployment rate is now more than one-half of a percentage point below the national rate (6.7 percent) for the first time in a decade. It has fallen from 7.9 percent a year ago.

The state’s rate in February was below the rates in Illinois (8.7 percent), Kentucky (7.8 percent), Michigan (7.7 percent) and Ohio (6.5 percent).

Non-seasonally-adjusted figures show unemployment in the Indianapolis-Carmel statistical area at 6.2 percent in February, down from 7.9 percent in February 2014.




 

ADVERTISEMENT

  • @ Susan
    Maybe you should take the time to actually read all of the comment thoroughly. RDS states that those who are talented should be able to get jobs. RDS is not insinuating that people who are laid off are talentless, etc. Only that where RDS works they are having a difficult time finding quality applicants.
  • Illusory numbers
    Everyone has heard that the numbers are decreasing because the unemployed are still unemployed but have run out of Unemployment Insurance from their last job, so they cannot file any more. So they officially have dropped off the records but are actually still unemployed.
  • To RD
    I hope you are not insinuating that people who are laid off are not talented, skilled or motivated. Only the poorly prepared and slackers are losing their jobs? You don't mean that do you because I know of very experienced, talented motivated people at Community Health Network who were laid off in the last 4 years, the latest being just this week and what they all have in common is being over 50. The 48 to 66 age group are the most experienced workers out there and they are getting canned at an alarming rate because the salaries and benefit packages are at their highest. Don't be too smug that something like this can't happen to you or people you know because it can happen and maybe in the future.
  • Layoffs
    We don't live in a society where people are guaranteed not to have a job, even under the best of circumstances. Companies, such as Community, will continue to find ways to eliminate inefficiencies in their businesses. The good news for those laid off is that in an improving environment, those workers who are talented and motivated should have an easier time finding employment again. I do quite a bit of hiring in my profession and I can tell you it is not that we do not have jobs for people, but that we do not have enough skilled/experienced workers for the jobs we do have.
    • Layoffs
      Off course layoffs are still happening--one sector can be booming and another busting. Overall though I believe that hiring will exceed firing for a while. I'm not sure how constructions job are figured in umemployment but there are going to be a lot of projects starting over the state in the next few months which I think would have to lead to an uptick in construction hiring. Don't get me wrong anytime someone loses their job it is a horrible thing for them, their family, and the community.
    • Layoff's still happening
      Well tell that to the folks who lost their jobs this week at Community Hospital East.
      • For PAC
        Just so we get a snarky comment in here(although I really do think this is great news and the number will continue to go down) but here we go......I didn't realize they had built that many Walmarts. (sarcasm) :-)
      • Great news!
        aaaaannnnnddddd cue the complaints..... now.

      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. Yes sir keep cashing those 300K a year checks direct to IMS, while millions disappear from the teams like Rahal's. Guess there wasn't enough ka- ching going around to keep Sarah Fisher in business without their "merger". LOL._____.Meanwhile back in Realville the series with the "best racing in the world" drew what appeared to be about 5000 live spectators ( and probably 1500 of those Target "freebies", and was beaten in the ratings by a series that reportedly consists of "parades" and aired while most people are still sleeping. That will generate those big ka-chings for sure. :-). But, hey, as long as the Speedway gets the cash who gives a damn about the teams?

      2. Welcome to PETERSON LOAN AGENCY Company (A Personalized Service for All Your Financial Needs) We, Liberal Investment Company Providers offers loan at a very low interest rate of 2%, we offer Personal loans, Debt Consolidation Loan, Venture Capital, Business Loan, Educational Loan, Home Loan, and Loan for any reason and urgent needs!. with a maximum duration of 30 years. Have you been turned down by your bank? Do you have bad credit? Do you have unpaid bills? Are you in debt? Do you need to set up a business? Worry no more as we are here to offer you a low interest loan. Our loan ranges from $5,000-USD (Five Thousand US dollars) to $50, 000,000.00.(Fifty Million US dollars). We also lend in USA DOLLARS EURO and POUNDS ! Fill in this form and forward it to our email: PETERSONLOANAGENCY@GMAIL.COM 1. Your Full names:_______ 2. Contact address:_______ 3. Country Of Residence:______ 4. Loan Amount Required:________ 5. Duration:_____ 6. Gender:_____ 7. Occupation:________ 8. Monthly Income:_______ 9. Date Of Birth:________ 10.Telephone Number:________ 11. Purpose of loan:_________ Yours In Service, MR PERRY, PETERSONLOANAGENCY@GMAIL.COM

      3. If I could actually get the prices...I would do this on my own. We need laws that force provides to publish the costs they will charge. Everyone else gives you the price in advance...except hospitals.

      4. I was under the impression that fencing is not allowed on a front yard and that on a corner, both sides are considered "front" yards, therefore can't be fenced without a variance. Also impedes the visibility for drivers at the intersection. Am I understanding this correctly? Might be why a fence was not included in the plans and a request for a variance will have to be made?.

      5. I was a big fan of Cowards and Carrots, which I got a chance to see at the show. It's currently on Kickstarter, but the designer also put out What's He Building in There last year, which got a fair amount of buzz.

      ADVERTISEMENT