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State unemployment rate inches up to 9 percent

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Indiana’s unemployment rate ticked up in October to a seasonally adjusted 9 percent, matching the overall U.S. rate, the state’s Department of Workforce Development said Tuesday morning.

The rate increased from 8.9 percent in September, marking the fifth straight month Indiana unemployment has risen.

Indiana lost 2,900 private-sector jobs in October while more Hoosiers returned to the labor force to look for work.

The total number of unemployed Hoosiers was 273,471 in October, compared with 266,420 in September.

The state’s unemployment rate has climbed from 8.2 percent in May, but is nearly a full percentage point below the 9.9 percent it reached in September 2010.

Employment sectors adding a significant amount of jobs were trade, transportation and utilities, government, and manufacturing. Employment in construction, private education and health services, and financial activities showed large declines.

Indiana’s unemployment rate had been lower than that of neighboring states for several months, but now is the same as Ohio's. Kentucky’s is 9.6 percent, Illinois’ is 10.1 percent, and Michigan’s is 10.6 percent.

In the Indianapolis metropolitan area, the non-seasonally adjusted jobless rate was 8.3 percent in October, down slightly from 8.4 percent in October 2010.

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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  • Image Issues
    The state budget is balanced for now because future revenue has been collected to make it seem as such. Mitch can't create any policy that improves the lives for Hoosiers so he touts this "budget" as his win. How has that helped us? WE still don't have jobs, our income is lower and now he is spending BILLIONS on a coal plant to charge us more money. Good Guy.
  • I agree, where is it going?
    I agree with JJ. If the State of Indiana is in the black, then great, but where is that money going to? I have yet to hear those details. How about a stimulus check for Hoosiers. It's great that the state budget is balanced, but at what cost?
  • I feel better
    Mitch do somethng, your populous are hurting.Lower taxes for individuals, lower the sin taxes. Get rid of the gas tax, you claim to be the savior., Your book should guide you, give back the big surplus bucks. The state does not need the money as much as the people need help. Or, admit you have been a failure.

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  1. I had read earlier this spring that Noodles & Co was going to open in the Fishers Marketplace (which is SR 37 and 131st St, not 141st St, just FYI). Any word on that? Also, do you happen to know what is being built in Carmel at Pennsylvania and Old Meridian? May just be an office building but I'm not sure.

  2. I'm sorry, but you are flat out wrong. There are few tracks in the world with the history of IMS and probably NO OTHER as widely known and recognized. I don't care what you think about the stat of Indy Car racing, these are pretty hard things to dispute.

  3. Also wondering if there is an update on the Brockway Pub-Danny Boy restaurant/taproom that was planned for the village as well?

  4. Why does the majority get to trample on the rights of the minority? You do realize that banning gay marriage does not rid the world of gay people, right? They are still going to be around and they are still going to continue to exist. The best way to get it all out of the spotlight? LEGALIZE IT! If gay marriage is legal, they will get to stop trying to push for it and you will get to stop seeing it all over the news. Why do Christians get to decide what is moral?? Why do you get to push your religion on others? How would legalizing gay marriage expose their lifestyle to your children? By the way, their lifestyle is going to continue whether gay marriage is legalized or not. It's been legal in Canada for quite a while now and they seem to be doing just fine. What about actual rules handed down by God? What about not working on Sundays? What about obeying your parents? What about adultery? These are in the 10 Commandments, the most important of God's rules. Yet they are all perfectly legal. What about divorce? Only God is allowed to dissolve a marriage so why don't you work hard to get divorce banned? Why do you get to pick and choose the parts of the Bible you care about?

  5. Look at the bright side. With the new Lowe's call center, that means 1000 jobs at $10 bucks an hour. IMS has to be drooling over all that disposable income. If those employees can save all their extra money after bills, in five years they can go to the race LIVE. Can you say attendance boost?

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