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State's unemployment rate drops to 8 percent

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Indiana’s unemployment rate fell for the second straight month in October, to 8 percent.

The Indiana Department of Workforce Development said Tuesday morning that the rate decreased from 8.2 percent in September and 8.3 percent in August. The rate was 9.1 percent in October 2011.

The state added 7,700 private-sector jobs in October, marking the largest monthly gain since May, the department said.

“Over the past year Indiana has experienced one of the strongest periods of job growth in over a decade,” DWD Commissioner Scott B. Sanders said. “Since last October, we have added nearly 67,000 private-sector jobs and continue to significantly outpace the national rate of growth.”

The October rate was higher than the national rate of 7.9 percent, but lower than all neighboring states except for Ohio, which saw unemployment fall to 6.9 percent.

Indiana’s jobless rate has been at 8 percent or above in all but two months since December 2008.

Statewide non-farm employment in October totaled just under 3.2 million on a seasonally adjusted basis. A total of 234,740 people sought unemployment benefits, down from a revised 237,319 in September.

Job sectors showing employment gains in October included leisure and hospitality (5,200), manufacturing (3,100), and trade, transportation and utilities (2,200).

Sectors showing the biggest employment loss were professional and business services (-1,500) and financial activities (-1,100).

In the Indianapolis metro area, the non-seasonally adjusted jobless rate was 7.1 percent in October, down from 8.4 percent in October 2011. However, the area lost jobs, dropping to 891,506 in October from 910,709 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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  • Is Indy area population shrinking?
    Indy metro unemployment rate has dropped from 8.4% to 7.1% while Indy metro lost 2.1% of its jobs? Expressed another way: The reported number of unemployed in the Indy metro dropped from 83,515 to 68,135. So we have 19,203 less people employed in the Indy metro at the same time that we have 15,380 less people unemployed. Thus, we have 34,583 less people in the workforce in the Indy metro. That's the real story. Is the Indy metro population decreasing or are there 35,000 more people that have given up on seeking work in the last year?

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  1. Of what value is selling alcoholic beverages to State Fair patrons when there are many families with children attending. Is this the message we want to give children attending and participating in the Fair, another venue with alooholic consumption onsite. Is this to promote beer and wine production in the state which are great for the breweries and wineries, but where does this end up 10-15 years from now, lots more drinkers for the alcoholic contents. If these drinks are so important, why not remove the alcohol content and the flavor and drink itself similar to soft drinks would be the novelty, not the alcoholic content and its affects on the drinker. There is no social or material benefit from drinking alcoholic beverages, mostly people want to get slightly or highly drunk.

  2. I did;nt know anyone in Indiana could count- WHY did they NOT SAY just HOW this would be enforced? Because it WON;T! NOW- with that said- BIG BROTHER is ALIVE in this Article-why take any comment if it won't appease YOU PEOPLE- that's NOT American- with EVERYTHING you indicated is NOT said-I can see WHY it say's o Comments- YOU are COMMIES- BIG BROTHER and most likely- voted for Obama!

  3. In Europe there are schools for hairdressing but you don't get a license afterwards but you are required to assist in turkey and Italy its 7 years in japan it's 10 years England 2 so these people who assist know how to do hair their not just anybody and if your an owner and you hire someone with no experience then ur an idiot I've known stylist from different countries with no license but they are professional clean and safe they have no license but they have experience a license doesn't mean anything look at all the bad hairdressers in the world that have fried peoples hair okay but they have a license doesn't make them a professional at their job I think they should get rid of it because stateboard robs stylist and owners and they fine you for the dumbest f***ing things oh ur license isn't displayed 100$ oh ur wearing open toe shoes fine, oh there's ONE HAIR IN UR BRUSH that's a fine it's like really? So I think they need to go or ease up on their regulations because their too strict

  4. Exciting times in Carmel.

  5. Twenty years ago when we moved to Indy I was a stay at home mom and knew not very many people.WIBC was my family and friends for the most part. It was informative, civil, and humerous with Dave the KING. Terri, Jeff, Stever, Big Joe, Matt, Pat and Crumie. I loved them all, and they seemed to love each other. I didn't mind Greg Garrison, but I was not a Rush fan. NOW I can't stand Chicks and all their giggly opinions. Tony Katz is to abrasive that early in the morning(or really any time). I will tune in on Saturday morning for the usual fun and priceless information from Pat and Crumie, mornings it will be 90.1

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