Ind. Unemployment Rate Looked Better In February
By Mike Perleberg
(Indianapolis, Ind.) – Unemployment was down in Indiana in February.
The state jobless rate fell to 6.1 percent, the lowest level since August of 2008. It was also well below the national rate of 6.7 percent.
The addition of 5,400 private sector jobs statewide during the month helped bring the rate down from 6.3 percent in January.
“Indiana has had a strong start to 2014 despite the harsh winter,” said Scott B. Sanders, Commissioner of the Indiana Department of Workforce Development. “Our unemployment rate is now the lowest it has been since August 2008 and our labor force has expanded by nearly 14,000 in two months.”
Sectors showing gains in February included leisure and hospitality (2,200); construction (2,000); trade, transportation and utilities (1,400); and manufacturing (800). Sectors showing decline in February were private educational and health services (800); professional and business services (600); and financial activities (300).
Indiana’s unemployment was below that of all neighboring states. Ohio was 6.5 percent, Kentucky 7.8, Michigan 7.7, and Illinois at 8.7.
Locally, Ripley County had the region’s highest jobless rate at 8.3 percent. Switzerland County was the lowest by far at 5.8 percent in February.
Dearborn County’s unemployment increased three-tenths of a percent to 7.6 percent. Franklin County and Ohio County were comparable at 7.8 and 7.5 percent, respectively.
INDIANA NON-SEASONALLY ADJUSTED EMPLOYMENT
|COUNTY||FEBRUARY 2013||JANUARY 2014||FEBRUARY 2014|
|Indiana (seasonally adjusted)||7.9||6.3||6.1|
Data Source: Indiana Department of Workforce Development