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State unemployment rate climbs back to 10 percent

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The Indiana Department of Workforce Development said Friday that the state's jobless rate is in double digits again after inching up one-tenth of a percentage point in April and hitting 10 percent.

The state's revised seasonally-adjusted unemployment rate had teetered between 9.7 percent and 9.9 percent the previous six months, after topping 10 percent from March through September of last year.

Yet, the number of jobs in Indiana rose by 22,700 in April, marking the largest month-to-month increase since February 1999, the state said.

“Indiana has added 41,800 jobs over the last four months, essentially recouping the jobs lost over the past year,” DWD Commissioner Teresa Voors said in a prepared statement. “Indiana has two percent of the country’s population and seven percent of the job growth.”

Despite hitting 10 percent in unemployment, Indiana still has the lowest jobless rate among its neighboring states and was the only one of the five to report a year-to-year unemployment decline. Indiana’s unemployment rate in April 2009 was 10.5 percent.

Michigan’s 14-percent unemployment rate was tops in the Midwest in April, followed by Illinois at 11.2 percent, Ohio at 10.9 percent and Kentucky at 10.6 percent.

The national unemployment rate is 9.9 percent.

The Indiana Department of Workforce Development said there were more people working in several employment sectors statewide in March, including leisure and hospitality, professional and business services, and manufacturing. Sectors reporting job declines included private education and health services, construction and financial activities.
 
The number of unemployed Hoosiers declined, to 308,,668, in April from a revised 331,273 in March.

In the Indianapolis metro area, the non-seasonally adjusted jobless rate was 9 percent in April, up from 8.3 percent in April 2009.

Comparisons of metro areas are most accurately made using the same months in prior years, because the government does not adjust the figures for factory furloughs and other seasonal fluctuations.

Nearly 78,000 people are unemployed in the metro area, according to the latest figure.

The U.S. Labor Department said Thursday that the number of people filing new claims for unemployment benefits unexpectedly rose last week by the largest amount in three months. The surge is evidence of how volatile the job market remains, even as the economy grows.

Applications for unemployment benefits rose to 471,000 nationally last week, up by 25,000 from the previous week, the Labor Department said. It was the first increase in five weeks and the biggest jump since a gain of 40,000 in February.
 

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  1. I never thought I'd see the day when a Republican Mayor would lead the charge in attempting to raise every tax we have to pay. Now it's income taxes and property taxes that Ballard wants to increase. And to pay for a pre-K program? Many studies have shown that pre-K offer no long-term educational benefits whatsoever. And Ballard is pitching it as a way of fighting crime? Who is he kidding? It's about government provided day care. It's a shame that we elected a Republican who has turned out to be a huge big spending, big taxing, big borrowing liberal Democrat.

  2. Why do we blame the unions? They did not create the 11 different school districts that are the root of the problem.

  3. I was just watching an AOW race from cleveland in 1997...in addition to the 65K for the race, there were more people in boats watching that race from the lake than were IndyCar fans watching the 2014 IndyCar season finale in the Fontana grandstands. Just sayin...That's some resurgence modern IndyCar has going. Almost profitable, nobody in the grandstands and TV ratings dropping 61% at some tracks in the series. Business model..."CRAZY" as said by a NASCAR track general manager. Yup, this thing is purring like a cat! Sponsors...send them your cash, pronto!!! LOL, not a chance.

  4. I'm sure Indiana is paradise for the wealthy and affluent, but what about the rest of us? Over the last 40 years, conservatives and the business elite have run this country (and state)into the ground. The pendulum will swing back as more moderate voters get tired of Reaganomics and regressive social policies. Add to that the wave of minority voters coming up in the next 10 to 15 years and things will get better. unfortunately we have to suffer through 10 more years of gerrymandered districts and dispropionate representation.

  5. Funny thing....rich people telling poor people how bad the other rich people are wanting to cut benefits/school etc and that they should vote for those rich people that just did it. Just saying..............

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