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Indiana Department of Workforce Development News Release (Friday Dec 21 2012) -- Indiana’s seasonally adjusted unemployment rate held steady in November at 8.0 percent. Unemployment in the Hoosier State remains lower than all surrounding states, with the exception of Ohio, and slightly above the national rate.
While Indiana has experienced one of the strongest periods of job growth in more than a decade over the past year, private sector jobs contracted by 9,800 in November, mainly due to losses in the seasonally-volatile construction industry.
“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,” said Scott B. Sanders, Commissioner of the Department of Workforce Development. “Even taking into account last month’s losses, the Hoosier State has still added more than 52,000 jobs since November of 2011 and nearly 144,000 since July 2009, the low point of employment during the most recent recession.”
Sanders also noted initial claims for unemployment insurance in 2012 have been lower than any other period since 2005.
Employment sectors in Indiana that continue to exceed the national rate of growth over the past year include Manufacturing (4.7 percent versus 1.5 percent), Leisure and Hospitality (3.6 percent versus 2.3 percent), Trade, Transportation & Utilities (2.7 percent versus 1.6 percent) and Private Educational and Health Services (2.1 percent versus 2.0 percent).
For more info: http://www.in.gov/activecalendar/EventList.aspx?fromdate=1/1/2012&todate=12/31/2012&display=Year,Month&type=public&eventidn=61122&view=EventDetails&information_id=123345
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