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State's jobless rate ticks up

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Indiana's unemployment rate inched up to 9.8 percent in October, reversing small declines recorded in the previous three months, the Indiana Department of Workforce Development said Friday morning.

The state’s jobless rate increased by just 0.1 percentage point from a seasonally adjusted rate of 9.7 percent in September.

DWD Commissioner Teresa Voors warned that the unemployment rate could climb even higher in coming months. The state’s unemployment rate had been above 10 percent earlier this year, from May through July.

“Indiana’s unemployment rate has held relatively steady for the past three months despite a steadily climbing national rate (10.2 percent in October),” Voors said in a prepared statement. “However, a projected soft holiday retail season combined with a slump in manufacturing and hospitality employment tempers my optimism concerning the coming months.”

The state’s hospitality sector lost 5,900 jobs in October and manufacturers shed 5,000 more. Voors attributed the drop in manufacturing jobs to a slowdown in domestic auto manufacturing following a temporary spike from the “Cash for Clunkers” program.

Conversely, the construction industry added 4,000 jobs last month, and the  professional and business services sectors added 2,200 each.

The number of unemployed Hoosiers rose to 291,504 in October from a revised 289,068 in September.

Indiana had an unemployment rate of 6.4 percent in October 2008.

Indiana, however, still has the lowest unemployment rate among its neighboring states. Kentucky’s rate rose last month to 11.2 percent; Illinois’ increased to 11 percent; and Ohio’s grew to 10.5 percent. Michigan’s decreased 0.2 percentage points, to 15.1 percent.

The non-seasonally adjusted jobless rate in the Indianapolis metro area was 8.1 percent in October, up from a revised 7.9 percent in September.

Hoosiers who have exhausted their unemployment benefits and remain out of work can file for an extension beginning on Monday after the federal government approved a 20-week extension.

 

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  1. These liberals are out of control. They want to drive our economy into the ground and double and triple our electric bills. Sierra Club, stay out of Indy!

  2. These activist liberal judges have gotten out of control. Thankfully we have a sensible supreme court that overturns their absurd rulings!

  3. Maybe they shouldn't be throwing money at the IRL or whatever they call it now. Probably should save that money for actual operations.

  4. For you central Indiana folks that don't know what a good pizza is, Aurelio's will take care of that. There are some good pizza places in central Indiana but nothing like this!!!

  5. I am troubled with this whole string of comments as I am not sure anyone pointed out that many of the "high paying" positions have been eliminated identified by asterisks as of fiscal year 2012. That indicates to me that the hospitals are making responsible yet difficult decisions and eliminating heavy paying positions. To make this more problematic, we have created a society of "entitlement" where individuals believe they should receive free services at no cost to them. I have yet to get a house repair done at no cost nor have I taken my car that is out of warranty for repair for free repair expecting the government to pay for it even though it is the second largest investment one makes in their life besides purchasing a home. Yet, we continue to hear verbal and aggressive abuse from the consumer who expects free services and have to reward them as a result of HCAHPS surveys which we have no influence over as it is 3rd party required by CMS. Peel the onion and get to the root of the problem...you will find that society has created the problem and our current political landscape and not the people who were fortunate to lead healthcare in the right direction before becoming distorted. As a side note, I had a friend sit in an ED in Canada for nearly two days prior to being evaluated and then finally...3 months later got a CT of the head. You pay for what you get...

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