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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. If what you stated is true, then this article is entirely inaccurate. "State sells bonds" is same as "State borrows money". Supposedly the company will "pay for them". But since we are paying the company, we are still paying for this road with borrowed money, even though the state has $2 billion in the bank.

  2. Andrew hit the nail on the head. AMTRAK provides terrible service and that is why the state has found a contractor to improve the service. More trips, on-time performance, better times, cleanliness and adequate or better restrooms. WI-FI and food service will also be provided. Transit from outlying areas will also be provided. I wouldn't take it the way it is but with the above services and marketing of the service,ridership will improve and more folks will explore Indy and may even want to move here.

  3. They could take the property using eminent domain and save money by not paying the church or building a soccer field and a new driveway. Ctrwd has monthly meetings open to all customers of the district. The meetings are listed and if the customers really cared that much they would show. Ctrwd works hard in every way they can to make sure the customer is put first. Overflows damage the surrounding environment and cost a lot of money every year. There have been many upgrades done through the years to help not send flow to Carmel. Even with the upgrades ctrwd cannot always keep up. I understand how a storage tank could be an eye sore, but has anyone thought to look at other lift stations or storage tanks. Most lift stations are right in the middle of neighborhoods. Some close to schools and soccer fields, and some right in back yards, or at least next to a back yard. We all have to work together to come up with a proper solution. The proposed solution by ctrwd is the best one offered so far.

  4. Fox has comments from several people that seem to have some inside information. I would refer to their website. Changed my whole opionion of this story.

  5. This place is great! I'm piggy backing and saying the Cobb salad is great. But the ribs are awesome. $6.49 for ribs and 2 sides?! They're delicious. If you work downtown, head over there.

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