Unemployment

Re-entering The Workforce Series: Part 3 -- Veterans

Aug 14, 2015
Gretchen Frazee / Indiana Public Broadcasting

The unemployment rate among Indiana’s veterans is about the same as the state’s overall average of 5.4-percent.

But when you break it down and look specifically at veterans who enlisted after 9/11, that number jumps to about 1 in 10 -- twice the state’s total unemployment rate.

Jim Grey / https://www.flickr.com/photos/mobilene/

Significant tax relief for Hoosier employers could be on the horizon if the state’s revenues do well the next few months.

Indiana took out a more than $2 billion loan from the federal government at the height of the recession to pay unemployment benefits.  It’s been paying it back ever since. 

And as long as the state owes money on the loan, employers have to pay a penalty. 

This year, that penalty is $105 per employee; next year, it rises to $126. 

Study: Number Of Hoosier Kids In Poverty Increasing

Jul 21, 2015
Flickr Creative Commons / https://www.flickr.com/photos/light_seeker/6279956208

It’s a mixed bag in terms of economic well-being for Indiana’s children. The Hoosier State worsened in two of four areas in the Annie E. Casey Foundation's 2015 KIDS Count report.

In 2013, 30-percent of Hoosier kids’ parents lacked secure employment, compared to 28-percent in 2008. That’s despite the state’s unemployment rate dropping to pre-recession levels.

Flazingo Photos / https://www.flickr.com/photos/124247024@N07/

Indiana is just shy of its peak employment level, set in March of 2000. That‘s when the Bureau of Labor Statistics says the Hoosier State had 2,612,600 private sector jobs.  

Indiana Department of Workforce Development Spokesman Joe Frank says the state is now only 7,800 jobs short of that figure. Frank says Indiana's unemployment rate for April dropped by nearly half of a percentage point to 5.4-percent, the lowest it's been since May of 2008.

Flazingo Photos / https://www.flickr.com/photos/124247024@N07/

Indiana’s unemployment rate dropped in August for the first time in five months. 

However, the state’s private sector lost jobs for the first time in 11 months.

Indiana’s unemployment rate fell one tenth of one percent to 5.8% – a nearly two percent drop from just a year ago. 

And in that time, 56,000 private sector jobs have been added. 

But led by a significant decline in the private educational and health services sector, the private sector lost 26 hundred jobs in August. 

Indiana’s private sector added jobs for the fourth straight month in July.  However, the state’s unemployment rate remains steady.

July’s growth of 5,900 private sector jobs was significantly boosted by the Trade, Transportation and Utilities sector, which added nearly 11,000 jobs last month.  That’s the sector’s biggest single-month increase in more than 20 years.  Still, the state’s unemployment rate was unchanged at 8.4%.

Indiana is getting more federal grant money to boost its efforts retraining out-of-work Hoosiers for new economy jobs.

A new $2.4 million federal grant adds to a $58 million state effort for retraining laid-off workers.  Out of the 30 states receiving the U.S. Department of Labor grant, Indiana is receiving the second-highest per capita percentage of those dollars.  Governor Mike Pence says that’s in part because there are more than a million Hoosiers who lack the skills necessary to find one of the thousands of unfilled jobs in the state.

Indiana’s unemployment rate declined in May as the private sector added 9,000 jobs during the month, according to new data released Friday. The rate is 8.3%, down 0.2% from April.

The Indiana Department of Workforce Development reports employment of Hoosiers is now at pre-recession levels not seen since July of 2008.

Unemployment in Tippecanoe and surrounding counties is mostly up for May. Benton County saw the largest decline at 0.6% to 8.2%. There was a 0.1% decline in Clinton and White counties.

IN unemployment rate declines in April

May 17, 2013

Indiana’s unemployment declined 0.2% in April. The Department of Workforce Development reports that was the largest one month decline in more than a year and happened even though there were fewer manufacturing and construction jobs available. Indiana’s unemployment is 8.5%, which is close to what it was in April, 2012.

The unemployment rate in Tippecanoe and surrounding counties fell in April – in most cases, more than a full point.

IN unemployment rate unchanged in March

Apr 19, 2013

Unemployment held steady at 8.7% in March for Indiana.

The Department of Workforce Development reports an increase in manufacturing jobs balanced a loss of about 11,000 private sector jobs during the month.

Tippecanoe and one other surrounding county saw a slight increase in unemployment for March. Clinton County’s rose a tenth to 8.8%, while Tippecanoe’s climbed 0.2 to 8.1%.

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