State jobless rate holds steady at 10 percent

Scott Olson
June 18, 2010
Back to TopCommentsE-mailPrintBookmark and Share

The state’s unemployment rate held steady at 10 percent in May, according to figures released Friday morning by the Indiana Department of Workforce Development.

Before April, Indiana’s revised seasonally-adjusted unemployment rate had teetered between 9.7 percent and 9.9 percent in the previous six months, after topping 10 percent from March through September of last year.

Yet, the number of jobs in Indiana rose by 6,300 in May, marking a 2.1-percent gain since December, the state said.

“It is welcome news that private-sector employment grew in Indiana for the fifth consecutive month,” DWD Commissioner Mark W. Everson said in a prepared statement. “Since the start of the year, one in 10 of all jobs created across the country were in Indiana. While unemployment is still too high, we are seeing a sharp drop in new unemployment claims.”

Despite hitting 10 percent in unemployment, Indiana still has the lowest jobless rate among its neighboring states. Indiana’s unemployment rate in May 2009 was 10.6 percent.

Michigan’s 13.6-percent unemployment rate was tops in the Midwest in May, followed by Illinois at 10.8 percent, Ohio at 10.7 percent and Kentucky at 10.4 percent.

Indiana, however, was the only Midwestern state that did not post a decline in its May unemployment rate.

The national unemployment rate is 9.7 percent.

The DWD said there were more people working in several employment sectors statewide in March, including professional and business services, private education and health services, and manufacturing. Sectors reporting job declines included trade, transportation and utilities, construction and financial activities.
The number of unemployed Hoosiers declined, to 306,487, in May from a revised 308,694 in April.

In the Indianapolis metro area, the non-seasonally adjusted jobless rate was 8.9 percent in May, up from 8.6 percent in May 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.


Post a comment to this story

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

facebook - twitter on Facebook & Twitter

Follow on TwitterFollow IBJ on Facebook:
Follow on TwitterFollow IBJ's Tweets on these topics:
Subscribe to IBJ
  1. I am so impressed that the smoking ban FAILED in Kokomo! I might just move to your Awesome city!

  2. way to much breweries being built in indianapolis. its going to be saturated market, if not already. when is enough, enough??

  3. This house is a reminder of Hamilton County history. Its position near the interstate is significant to remember what Hamilton County was before the SUPERBROKERs, Navients, commercial parks, sprawling vinyl villages, and acres of concrete retail showed up. What's truly Wasteful is not reusing a structure that could still be useful. History isn't confined to parks and books.

  4. To compare Connor Prairie or the Zoo to a random old house is a big ridiculous. If it were any where near the level of significance there wouldn't be a major funding gap. Put a big billboard on I-69 funded by the tourism board for people to come visit this old house, and I doubt there would be any takers, since other than age there is no significance whatsoever. Clearly the tax payers of Fishers don't have a significant interest in this project, so PLEASE DON'T USE OUR VALUABLE MONEY. Government money is finite and needs to be utilized for the most efficient and productive purposes. This is far from that.

  5. I only tried it 2x and didn't think much of it both times. With the new apts plus a couple other of new developments on Guilford, I am surprised it didn't get more business. Plus you have a couple of subdivisions across the street from it. I hope Upland can keep it going. Good beer and food plus a neat environment and outdoor seating.