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State sheds jobs; unemployment rate holds steady

 IBJ Staff
April 19, 2013
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Indiana’s unemployment rate remained unchanged at 8.7 percent in March despite the loss of 11,000 private-sector jobs.

The Indiana Department of Workforce Development said Friday morning that the loss of jobs was the first monthly decline for the state in more than a year.

Most of the losses—5,900 jobs—were experienced in the trade, transportation and utilities sectors. Small increases were seen in construction (900 jobs) and manufacturing (200 jobs).

State employment has increased in 38 of 43 months since July 2009, the department said.

Statewide non-farm employment in March totaled 2.8 million on a seasonally adjusted basis. A total of 283,633 people sought unemployment benefits, down from a revised 291,513 in February.

Before March, Indiana’s unemployment rate had been on a slow but steady rise after falling to 8 percent in November.

In Marion County, the non-seasonally adjusted jobless rate was 9.2 percent in March, down from a revised 9.3 percent in February, but up from 8.9 percent in March 2012. The county has been losing jobs, dropping to 415,594 in March from 416,991 a year earlier.

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

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    We've tried switching to daylight time and union busting; many of our college graduates will be indentured to banks for the rest of their lives. Next up: drop the minimum wage.

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  1. I think the poster was being sarcastic and only posting or making fun of what is usually posted on here about anything being built in BR or d'town for that matter.

  2. Great news IRL fans: TURBO the IMS sanctioned movie about slugs running the Indy 500 has caught the Securities and Exchange Commission because Dreamworks had to take a $132MILLION write down...because the movie was such a flop. See, the Indy/IMS magic soiled another pair of drawers. Bwahahahahahaha! How's CARTOWN doing? HAHAHAHA...Indy is for losers.

  3. So disappointed in WIBC. This is the last straw to lose a good local morning program. I used to be able to rely on WIBC to give me good local information, news, weather and traffic on my 45 minute commute.Two incidents when I needed local, accurate information regarding severe weather were the first signs I could not now rely on WIBC. I work weekend 12 hour nights for a downtown hospital. This past winter when we had the worst snowfall in my 50 years of life, I came home on a Sunday morning, went to sleep (because I was to go back in Sunday night for another 12 hour shift), and woke up around 1 p.m. to a house with no electricity. I keep an old battery powered radio around and turned on WIBC to see what was going on with the winter storm and the roads and the power outage. Sigh. Only policital stuff. Not even a break in to update on the winter storm warning. The second weather incident occurred when I was driving home during a severe thunderstorm a few months ago. I had already gotten a call from my husband that a tornado warning was just southwest of where I had been. I turned to WIBC to find out what direction the storm was headed so I could figure out a route home, only to find Rush on the air, and again, no breaking away from this stupidity to give me information. Thank God for my phone, which gave me the warning that I was driving in an area where a tornado was seen. Thanks for nothing WIBC. Good luck to you, Steve! We need more of you and not the politics of hatred that WIBC wants to shove at us. Good thing I have Satellite radio.

  4. I read the retail roundup article and tried Burritos and Beers tonight. I'm glad I did, for the food was great. Fresh authentic Mexican food. Great seasoning on the carne asada. A must try!!! Thanks for sharing.

  5. John, unfortunately CTRWD wants to put the tank(s) right next to a nature preserve and at the southern entrance to Carmel off of Keystone. Not exactly the kind of message you want to send to residents and visitors (come see our tanks as you enter our city and we build stuff in nature preserves...

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