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State adds jobs in February at healthy clip

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Employment increased in both Indiana and the Indianapolis metro area in February, while the jobless rate crept up as more Hoosiers began looking for work.

The state unemployment rate inched up to 8.7 percent in February from 8.6 percent in January, the Indiana Department of Workforce Development reported Friday.

The state added 9,300 jobs, bringing total non-farm employment of 2,938,800 on a seasonally adjusted basis—up 0.3 percent from January and 1.7 percent more than in February 2012. The department pointed out that employment has increased in 38 of 42 months since July 2009.

While the number of Hoosiers with jobs is rising, employment has not yet rebounded to its most recent peak of 2,985,100 in 2007, let alone the record of 3,006,200 in January 2000.

Statewide hiring in manufacturing; leisure and hospitality; and trade, transportation and utilities all surged for the month. Government hiring, a category that includes public schools and hospitals, also climbed in February, although the total number of government employees was down from a year earlier.

The number of workers in the information and education and health sectors shrank from January.

Despite the net increase in jobs, the state unemployment rate rose because of a greater number of Hoosiers entering the work force.

The jobless rate in the Indianapolis area stood at 8.5 percent, up slightly from a year earlier, also because of more people entering the work force.

In the metro area—where figures are not adjusted for seasonally fluctuations, and thus are best compared with the same month a year earlier—employment increased 1.5 percent from February 2012 to 909,600 workers.

As was the case statewide, manufacturing showed strong growth, as did professional and business services, which has been fueled by a boom in the subcategory of temporary workers. Retailing also showed vigor.

An index designed by Indiana University to forecast the state economy over several upcoming months suggests growth will remain lackluster to modest.

The Leading Index for Indiana, released earlier this month, predicted slight improvement, which was consistent with an overall trend in the index since early 2009.

The index, at 100.9 in March, is compiled by the Indiana Business Research Center in the Kelley School of Business.
 

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  1. Of what value is selling alcoholic beverages to State Fair patrons when there are many families with children attending. Is this the message we want to give children attending and participating in the Fair, another venue with alooholic consumption onsite. Is this to promote beer and wine production in the state which are great for the breweries and wineries, but where does this end up 10-15 years from now, lots more drinkers for the alcoholic contents. If these drinks are so important, why not remove the alcohol content and the flavor and drink itself similar to soft drinks would be the novelty, not the alcoholic content and its affects on the drinker. There is no social or material benefit from drinking alcoholic beverages, mostly people want to get slightly or highly drunk.

  2. I did;nt know anyone in Indiana could count- WHY did they NOT SAY just HOW this would be enforced? Because it WON;T! NOW- with that said- BIG BROTHER is ALIVE in this Article-why take any comment if it won't appease YOU PEOPLE- that's NOT American- with EVERYTHING you indicated is NOT said-I can see WHY it say's o Comments- YOU are COMMIES- BIG BROTHER and most likely- voted for Obama!

  3. In Europe there are schools for hairdressing but you don't get a license afterwards but you are required to assist in turkey and Italy its 7 years in japan it's 10 years England 2 so these people who assist know how to do hair their not just anybody and if your an owner and you hire someone with no experience then ur an idiot I've known stylist from different countries with no license but they are professional clean and safe they have no license but they have experience a license doesn't mean anything look at all the bad hairdressers in the world that have fried peoples hair okay but they have a license doesn't make them a professional at their job I think they should get rid of it because stateboard robs stylist and owners and they fine you for the dumbest f***ing things oh ur license isn't displayed 100$ oh ur wearing open toe shoes fine, oh there's ONE HAIR IN UR BRUSH that's a fine it's like really? So I think they need to go or ease up on their regulations because their too strict

  4. Exciting times in Carmel.

  5. Twenty years ago when we moved to Indy I was a stay at home mom and knew not very many people.WIBC was my family and friends for the most part. It was informative, civil, and humerous with Dave the KING. Terri, Jeff, Stever, Big Joe, Matt, Pat and Crumie. I loved them all, and they seemed to love each other. I didn't mind Greg Garrison, but I was not a Rush fan. NOW I can't stand Chicks and all their giggly opinions. Tony Katz is to abrasive that early in the morning(or really any time). I will tune in on Saturday morning for the usual fun and priceless information from Pat and Crumie, mornings it will be 90.1

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