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State adds jobs in manufacturing, but unemployment rate ticks up

 IBJ Staff
July 18, 2013
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The state added 5,300 private-sector jobs in June—the third straight month of increases—but the unemployment rate ticked up a tenth of a percent, to 8.4 percent, the Indiana Department of Workforce Development reported Thursday afternoon.

Most of the job growth came from the manufacturing sector, which expanded by 4,300 jobs over the month, marking the largest one-month jump in manufacturing since August 2004. Indiana has the largest percentage of manufacturing jobs as a portion of the private sector in the nation.

The state added jobs for the 38th time in the past 41 months, the department said.

June's seasonally adjusted employment total in the state rose 0.6 percent over May, to 2,924,911, but the number of unemployed jumped 8.1 percent, to 277,385.

The Indianapolis-Carmel metropolitan area saw unemployment rise to 7.9 percent on a non-seasonal-adjusted basis, up from 7.4 percent in May, but level with June 2012. Metro area figures are more reliable on a year-over-year basis due to seasonal fluctuations.

Indiana’s unemployment rate in June was lower than the rates in Illinois (9.2 percent) and Michigan (8.7 percent), the same as Kentucky’s rate (8.4 percent) and higher than the rates in Ohio (7.2 percent) and the nation (7.6 percent).
 

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  • You're not trying
    Obviously we still have lots of shirkers out there. Our work force must be talking down RTWFL, Daylight Saving Time, and IEDC tax giveaways every time employers come to explore the wonders of the Hoosier economic miracle. Or - Is Rick Perry running his ads here too??

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  1. What became of this project? Anyone know?

  2. Scott, could you post an enlarged photo of the exterior of the building? This will be a great addition to Walnut Street. This area will only continue to develop with additions like this. Also, please give us more updates on the "Cultural Trail light" expansion. Also a great move for the city, as long as there is maintenance money set aside.

  3. Great story IBJ! Citizens don't have a real sense of the financial magnitude of supporting Indy's sports and tourism sector. The CIB was a brilliant idea for creating a highly integrated public-private partnership to support this sector from the economic activity it generates. Unfortunately, most folks think the benefits of that economic activity accrue directly to the City budget, and it doesn't. So though the CIB is facing lean times (covering its costs while maintaining minimally acceptable reserves), the City is operating with deficit - less tax revenue than expenses each year - with a very fragile reserve balance. That's why it's so challenging for the City to fund basic needs or new intitatives (e.g. pre-k education; new jail), and some credit rating agencies have downgraded Indy from it's past stellar AAA status. More reporting on City finances would be welcomed.

  4. Sure, I'll admit that it bugs me to see that the IBJ.COM censors it's blog posts almost as much as the D of I does when someone points out the falsehoods and fabrications. _____But I think it bothers me almost as much that Captain/Defender/Disciple get his yanked too. You see, those of us with a sense of integrity, humanity, compassion, and a need for fact based opinion WANT to see all of his screeds posted. It makes our point so much better than we can do it ourselves.

  5. We're conflating two very different topics. Voter fraud is a myth and excessive gun violence is all too real. I just hope rational gunowners decide to stop being shouted down by the, well, let's call them "less rational" ones.

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