Ind. Unemployment Drops By 0.4% In January
By Mike Perleberg
(Indianapolis, Ind.) – Indiana’s unemployment rate dropped below the national level in January.
According to data released Monday by the Indiana Department of Workforce Development, the number of Hoosiers out of work fell from 6.8 percent in December to 6.4 percent in January. The figure was much better than the 7.9 percent rate in January of 2013.
The national unemployment rate was 6.6 percent to start the year. Indiana also fared better than neighboring states Ohio (6.9 percent), Kentucky (7.7), Michigan (7.8) and Illinois (8.7).
Governor Mike Pence said Hoosiers should be encouraged by the latest workforce numbers, which showed the largest one-month drop in 20 years. But he said the improving unemployment rate is not a complete measure of the health of the economy.
“Too many Hoosiers are still struggling, which is why we need to continue pushing to improve Indiana’s economic climate, to attract more jobs, and to make sure Hoosier workers have the skills they need for the jobs of the future,” Pence said.
“With this legislative session’s accomplishments in cutting the corporate income tax rate, giving counties new tools for reforming the business personal property tax, and offering new opportunities for career education and retraining, we continue to work hard to ensure the future economic prosperity of our state.”
Locally, Ripley County had southeast Indiana’s highest jobless rate at 8.1 percent. Switzerland County was the lowest in the area at 5.6.
Dearborn County’s unemployment was 7.3 percent. Franklin County was 6.5. Ohio County checked in at 6.7.
INDIANA NON-SEASONALLY ADJUSTED EMPLOYMENT
|COUNTY||JANUARY 2013||DECEMBER 2013||JANUARY 2014|
|Indiana (seasonally adjusted)||7.9||6.8||6.4|
Data Source: Indiana Department of Workforce Development