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State unemployment rate drops to 8.8 percent

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Indiana’s unemployment rate in February dropped below 9 percent for the first time in more than two years, the Indiana Department of Workforce Development said Friday morning.

The state’s jobless rate dipped to 8.8 percent, a decline of 0.3 percentage points compared with the previous month. Indiana’s unemployment rate has not been below 9 percent since December 2008.

Still, the state lost 1,600 private-sector jobs in February after adding 10,600 in January. Overall, Indiana lost 7,900 total jobs last month.

“The number of Hoosiers claiming state unemployment insurance benefits is less than half the number it was two years ago,” DWD Commissioner Mark W. Everson said in a prepared statement. “Moreover, new claims for unemployment insurance are now at a level not seen since 2006.”

Job sectors showing showing growth included private education and health services, and construction.

Sectors with declines included government, trade, transportation and utilities.

Indiana shed 6,300 government jobs in February, the report said.

The national unemployment rate sank from 9 percent in January to 8.9 percent in February.

Indiana’s unemployment rate is the lowest in the Midwest, a tick ahead of Illinois’ rate of 8.9 percent.

Trailing is Ohio at 9.2 percent, and Kentucky and Michigan, both at 10.4 percent. All Midwestern states reported a decline in unemployment except Kentucky, where the rate was unchanged from January.

The number of unemployed Hoosiers dropped to 288,340 in February, from a revised 294,615 in January.

In the Indianapolis metropolitan area, the non-seasonally adjusted jobless rate was 8.6 percent in February, nearly unchanged from 8.7 percent in January but down from 10.1 percent in February 2010.

Comparisons of metro areas are most 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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  • SKEWED NUMBERS
    The unemployment rate is skewed in the numbers. The rate dropped due to many people's benifits running out. Also people (like myself) that have been turned down for unemployment. I know of several people in both of these catagories, and this inturn makes it look like the rate is going down in Indiana when in reality it hasn't changed much.

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  1. Now if he'd just stay there...

  2. Daniel - what about the many US citizens who do NOT follow what the Bible teaches? The Hindus, Jews, Muslims and others who are all American citizens entitled to all rights as Americans?? This issue has NOTHING to do with "What the Bible says..." Keep all Churches separate from State! Pence's ongoing idiocy continues to make Indiana look like a backwards, homophobic state in the eyes of our nation. Can't we move on to bigger issues - like educating our kids?

  3. 1. IBJ should link to the referenced report. We are in the age of electronic media...not sharing information is lazy. Here is a link http://www.in.gov/gov/files/Blue_Ribbon_Panel_Report_July_9_2014.pdf 2. The article should provide more clarity about the make-up of this panel. The commenters are making this item out to be partisan, it does not appear the panel is partisan. Here is a list of the panel which appears to be balanced with different SME to add different perspectives http://www.in.gov/activecalendar/EventList.aspx?view=EventDetails&eventidn=138116?formation_id=189603 3. It suggests a by-pass, I do not see where this report suggests another "loop". 4. Henry, based on your kneejerk reaction, we would be better off if you moved to another state unless your post was meant as sarcasm in which case I say Well Done. 5. The article and report actually indicates need to improve rail and port infrastructure in direct contradiction to Shayla commentary. Specifically, recommendation is to consider passenger rail projects... 6. People have a voice with their elected officials. These are suggestions and do not represent "crony capitalism", etc. The report needs to be analyzed and the legislature can decide on priorities and spending. Don't like it, then vote in a new legislature but quit artificially creating issues where there are none! People need to sift through the politics and provide constructive criticism to the process rather than making uninformed comments in a public forum based on misinformation. IBJ should work harder to correct the record in these forums when blatant errors or misrepresentations are made.

  4. Joe ... Marriage is defined in the Bible ... it is mentioned in the Bible often. Marriage is not mentioned once in the US or Indiana Constitution ...

  5. Daniel - Educate me please: what does the Bible have to do with laws? If the government wasn't in the business of marriage to begin with, then it wouldn't have to "define" marriage at all. Marriage could be left as a personal, religious, or otherwise unregulated action, with no ties to taxes, legal status, etc. Then people could marry whomever they want, and all this silliness would go away. Remember to vote Libertarian in November.

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