State jobless rate ticks up to 9.9 percent

Back to TopCommentsE-mailPrintBookmark and Share

Indiana’s unemployment rate edged up slightly in March despite an increase in jobs.

The state Department of Workforce Development said Friday that the revised seasonally-adjusted unemployment rate inched up one-tenth of a percentage point, to 9.9 percent, for March.

The state's jobless rate had been either 9.8 percent or 9.7 percent the previous four months.

Yet, the number of jobs in Indiana rose by 16,600, marking the largest month-to-month increase since September 2005, the state said.

“Ten percent of all jobs added in the U.S. in March were located in Indiana, but more Hoosiers returned to the work force last month, impacting the rate,” DWD Commissioner Teresa Voors said.

Indiana was the only state among its neighbors to report a jobless rate lower than 10 percent in March and the only one of the four to report a year-to-year unemployment decline. Indiana’s unemployment rate in March 2009 was 10.1 percent.

The agency said there were more people working in several employment sectors in March, including manufacturing, construction and professional and business services. Sectors reporting job declines included leisure and hospitality, financial activities, and private education and health services.
The number of unemployed Hoosiers increased slightly, to 331,081, in March from a revised 330,042 in February. The state’s labor force grew to just over 3.1 million, DWD said.

The non-seasonally adjusted jobless rate in the Indianapolis metro area was 9.5 percent in March, up from 8.9 percent in March 2009.

In an encouraging sign for the economy, temporary employment shot up 22.7 percent statewide from March 2009, making the year-over-year increase the fourth in a row.

In the Indianapolis area, temporary jobs jumped 8.8 percent, to 30,600. It was the third consecutive year-over-year increase.

The figures suggest businesses are tip-toeing into hiring without saddling themselves with the risk of lay-offs should the economy cool.

In addition Friday, the federal government approved legislation continuing the five federally funded unemployment extensions through June 2, 2010.


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. By Mr. Lee's own admission, he basically ran pro-bono ads on the billboard. Paying advertisers didn't want ads on a controversial, ugly billboard that turned off customers. At least one of Mr. Lee's free advertisers dropped out early because they found that Mr. Lee's advertising was having negative impact. So Mr. Lee is disingenous to say the city now owes him for lost revenue. Mr. Lee quickly realized his monstrosity had a dim future and is trying to get the city to bail him out. And that's why the billboard came down so quickly.

  2. Merchants Square is back. The small strip center to the south of 116th is 100% leased, McAlister’s is doing well in the outlot building. The former O’Charleys is leased but is going through permitting with the State and the town of Carmel. Mac Grill is closing all of their Indy locations (not just Merchants) and this will allow for a new restaurant concept to backfill both of their locations. As for the north side of 116th a new dinner movie theater and brewery is under construction to fill most of the vacancy left by Hobby Lobby and Old Navy.

  3. Yes it does have an ethics commission which enforce the law which prohibits 12 specific items. google it

  4. Thanks for reading and replying. If you want to see the differentiation for research, speaking and consulting, check out the spreadsheet I linked to at the bottom of the post; it is broken out exactly that way. I can only include so much detail in a blog post before it becomes something other than a blog post.

  5. 1. There is no allegation of corruption, Marty, to imply otherwise if false. 2. Is the "State Rule" a law? I suspect not. 3. Is Mr. Woodruff obligated via an employment agreement (contractual obligation) to not work with the engineering firm? 4. In many states a right to earn a living will trump non-competes and other contractual obligations, does Mr. Woodruff's personal right to earn a living trump any contractual obligations that might or might not be out there. 5. Lawyers in state government routinely go work for law firms they were formally working with in their regulatory actions. You can see a steady stream to firms like B&D from state government. It would be interesting for IBJ to do a review of current lawyers and find out how their past decisions affected the law firms clients. Since there is a buffer between regulated company and the regulator working for a law firm technically is not in violation of ethics but you have to wonder if decisions were made in favor of certain firms and quid pro quo jobs resulted. Start with the DOI in this review. Very interesting.