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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. why oh why does this state continue to elect these people....do you wonder how much was graft out of the 3.8 billion?

  2. i too think this is a great idea. I think the vision and need is there as well. But also agree with Wendy that there may be better location in our city to fulfill this vision and help grow the sports of hockey and figure skating in Indy. Also to help further develop other parts of the city that seem often forgotten. Any of the other 6 townships out side of the three northernmost could benefit greatly from a facility and a vision like this. For a vision that sounds philanthropic, the location is appears more about the money. Would really like to see it elsewhere, but still wish the development the best of luck, as we can always use more ice in the city. As for the Ice growth when they return, if schedules can be coordinated with the Fuel, what could be better than to have high level hockey available to go see every weekend of the season? Good luck with the development and the return of the Ice.

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  4. You do not get speeding ticket first time you speed and this is not first time Mr.Page has speed. One act should not define a man and this one act won't. He got off with a slap on the wrist. I agree with judge no person was injured by his actions. The state was robbed of money by paying too much rent for a building and that money could have been used for social services. The Page family maybe "generous" with their money but for most part all of it is dirty money that he obtained for sources that are not on the upright. Page is the kind of lawyer that gives lawyers a bad name. He paid off this judge like he has many other tine and walked away. Does he still have his license. I believe so. Hire him to get you confiscated drug money back. He will. It will cost you.

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