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State’s unemployment rate holds steady at 8 percent

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After falling the two previous months, Indiana’s unemployment rate held steady at 8 percent in November.

The Indiana Department of Workforce Development said Friday morning that the rate was unchanged from October. The rate was 9.1 percent in November 2011.

The state shed 9,800 private-sector jobs last month, mainly due to losses in the construction industry, the department said.

“While November’s news is not characteristic of what Indiana has experienced lately, we continue to significantly outpace the national average of job growth over the past year,” Department of Workforce Development Commissioner Scott B. Sanders said in a written statement.

Even taking into account the recent losses, Indiana still has added more than 52,000 jobs within the past year and nearly 144,000 since July 2009, the low point of employment during the recession, Sander said.

The November rate was higher than the national rate of 7.7 percent, but lower than all neighboring states except for Ohio, which saw unemployment fall to 6.8 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 November totaled 3.1 million on a seasonally adjusted basis. A total of 251,581 people sought unemployment benefits, up from a revised 234,759 in October.

In the Indianapolis metro area, the non-seasonally adjusted jobless rate was 7.6 percent in November, down from 8.1 percent in November 2011. However, the area lost jobs, dropping to 886,300 in November from 892,449 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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  • Time for a new indicator.
    Didn't the article say we lost 9,800 jobs, which equals .316% of the state's 3,100,000 jobs? Yet, the unemployement rate was unchanged, rather than dropping .3 percent? So, basically another .3 percent of the workforce quit looking for work? I think it's time we stop focusing so much the unemployment rate and start publishing the percentage of working age people who are employed. That might give us a truer picture of how many employable people are working.
  • Charlie......
    blah, blah, blah same conservative crap that is driving this country apart.
  • Holding Steady
    What a win for the Obama administration. I can see headlines now...Unemployment rate remains the same even as Conservatives drive us towards a fiscal cliff and refuse to work with Obama... you know Obama will give a state of the union next month and try to spin 8% in any state as great coming from what he was given. In four years we'll be worse off and somehow it will still be republicans fault.

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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?

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