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State loses jobs; unemployment rate declines to 8.1 percent

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Indiana saw a loss of 2,900 jobs in August, but the seasonally adjusted unemployment rate experienced its biggest one-month drop in more than two years, falling from 8.4 percent to 8.1 percent, the Department of Workforce Development reported Friday morning.

The state saw sizable job increases in manufacturing, health services and educational sectors, but that was offset by decreases in trade, transportation, utilities and construction. Indiana has a higher percentage of manufacturing jobs as a portion of the private sector than any other state.

Indiana lost jobs for the first time in five months and only the fourth time in 44 months.

“The significant decrease in Indiana’s unemployment rate in August is definitely encouraging, but the fact is too many Hoosiers are still unemployed,” said DWD Commissioner Scott Sanders. “This underscores the need to bring unemployed individuals into WorkOne following their fourth week of receiving benefits. It is vital we get folks on the path to re-employment as soon as possible.”

August's state employment total rose by more than 16,000 over July’s revised figure, to 2,940,433, while the number of unemployed dropped by more than 29,000, to 237,490. The overall labor force fell by 12,000, to 3,177,923.

The Indianapolis-Carmel metropolitan area saw unemployment fall to 6.9 percent on a non-seasonally adjusted basis, down from 7.5 percent in July and from 7.8 percent in August 2012. Metro area figures are more reliable on a year-over-year basis due to seasonal fluctuations.

Indiana’s unemployment rate in August was lower than the rates in Illinois (9.2 percent), Michigan (9.0 percent) and Kentucky (8.4 percent), but higher than the rates in Ohio (7.3 percent) and the nation (7.3 percent).


 

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  • But we cut taxes...
    ...and want to punish gays, women and the poor. Why hasn't Jesus given us more jobs?

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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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