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State, Indy area added jobs in May; unemployment rates fall

June 21, 2013
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The state added a smattering of jobs in May and the unemployment rate fell slightly, from 8.5 percent to 8.3 percent, the Indiana Department of Workforce Development reported Friday morning.

Indiana created a seasonally adjusted 7,500 positions in the month—up 0.3 percent from April and 1.4 percent from a year earlier—as the private sector churned out more than enough jobs to compensate for a decline of 1,500 jobs in government.

Sectors showing job gains in May included trade, transportation and utilities (4,100); leisure and hospitality (3,300); and financial services (1,400). Business and professional services, a category that includes temporary workers, also was up substantially (2,500 jobs).

Declines occurred in private educational and health services (1,600) and manufacturing (800).

The Indianapolis-Carmel metropolitan area performed better than the state.

Job numbers increased 2 percent—or 19,000 positions—from April. Compared to May 2012, the area saw employment rise by 27,000 positions—a 3-percent increase. The unemplopyment rate in the metro area improved from 7.6 percent in May 2012 to 7.4 percent in May 2013.

Metro area data is not seasonally adjusted, thus is best compared with the same month in prior years.

Indiana University predicts the state economy will stay about the same for the next few months. The Business Research Center at the Kelley School of Business recently issued an index of 100.7—meaning that it anticipates neither significant growth nor contraction.

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  • Unemployment rate falls
    The still-downturned economy is trigger companies to stretch their workers further and further, states a recent study. That trend, the report concludes, is liable for rising job burnout among American employees. If you need money while waiting for a new job, get a cash solutions.
  • Strategery
    No worries. The massive benefits from new terrain I-69, RTWFL, Daylight Savings Time, and a wrath of ALEC inspired boondoggles rammed down our throats will kick in and produce massive job creation any time now.
  • No B.S. Please...
    Aaron, how many of these "jobs" are FTEs, Fulltime (40hours), are NOT ties to ax incentives and...(drumroll) have full benefits? Hmmmmmmmm?
  • How About Apples to Apples
    If we compare the April-May monthly gain on a like for like basis (using unadjusted data), Indianapolis gained 19,000 and the part of Indiana outside of the Indianapolis MSA gained 7,500 jobs. Indy accounted for 72% of all the job growth in the state.
    • Temps...
      Summer temp work is up and some teenagers got summer jobs. That simple.
    • Ongoing Layoffs
      Unemployment fell but the area hospitals are still laying off their employees. St. Vincent and Community East are doing it on a monthly basis. Why isn't that mentioned in the news. I also heard that armed guards were present at the recent St. Vincent layoffs to escort folks out of the door. Real classy!!!

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    1. These liberals are out of control. They want to drive our economy into the ground and double and triple our electric bills. Sierra Club, stay out of Indy!

    2. These activist liberal judges have gotten out of control. Thankfully we have a sensible supreme court that overturns their absurd rulings!

    3. Maybe they shouldn't be throwing money at the IRL or whatever they call it now. Probably should save that money for actual operations.

    4. For you central Indiana folks that don't know what a good pizza is, Aurelio's will take care of that. There are some good pizza places in central Indiana but nothing like this!!!

    5. I am troubled with this whole string of comments as I am not sure anyone pointed out that many of the "high paying" positions have been eliminated identified by asterisks as of fiscal year 2012. That indicates to me that the hospitals are making responsible yet difficult decisions and eliminating heavy paying positions. To make this more problematic, we have created a society of "entitlement" where individuals believe they should receive free services at no cost to them. I have yet to get a house repair done at no cost nor have I taken my car that is out of warranty for repair for free repair expecting the government to pay for it even though it is the second largest investment one makes in their life besides purchasing a home. Yet, we continue to hear verbal and aggressive abuse from the consumer who expects free services and have to reward them as a result of HCAHPS surveys which we have no influence over as it is 3rd party required by CMS. Peel the onion and get to the root of the problem...you will find that society has created the problem and our current political landscape and not the people who were fortunate to lead healthcare in the right direction before becoming distorted. As a side note, I had a friend sit in an ED in Canada for nearly two days prior to being evaluated and then finally...3 months later got a CT of the head. You pay for what you get...

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