Ind. Unemployment Improves To 5.9%
By Mike Perleberg
(Indianapolis, Ind.) – Indiana’s unemployment rate is dipping lower and lower.
The state jobless rate in March was 5.9 percent, according to the Indiana Department of Workforce Development. That’s the lowest since July of 2008 and down from 7.9 percent the same month in 2013.
“Our rate has dropped by two percentage points in one year, which is the third largest decline in the nation. The Hoosier labor force has grown by more than 25,000 in the first quarter of 2014 alone, which is also remarkable,” said Scott B. Sanders, Commissioner of the Indiana Department of Workforce Development.
March was Indiana’s sixth consecutive month of an increase in the labor force.
Indiana had the lowest unemployment among neighboring states. Ohio was at 6.1 percent, Kentucky at 7.9, Michigan at 7.5, and Illinois at 8.4.
Locally, Dearborn County’s unemployment was 6.5 percent in March, matched by Franklin County. Ohio County was 6.3.
Ripley had the area’s highest jobless rate at 7.2 percent. Switzerland County was the lowest at just 5.4.
INDIANA NON-SEASONALLY ADJUSTED EMPLOYMENT
|COUNTY||MARCH 2013||FEBRUARY 2014||MARCH 2014|
|Indiana (seasonally adjusted)||7.9||6.1||5.9|
Data Source: Indiana Department of Workforce Development