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December 22, 2013

Indiana jobless trending down

INDIANAPOLIS (AP) — Indiana’s unemployment rate has continued its downward trend, falling slightly to 7.3 percent for November.

Figures released Friday by the state Department of Workforce Development show Indiana’s jobless rate fell two-tenths of a percentage point last month.

The new report shows about 230,000 people were looking for jobs last month in Indiana — some 25,000 fewer job seekers than a year ago when the state’s unemployment rate was 8.4 percent.

Indiana gained about 25,000 private-sector jobs in November, with the construction and manufacturing sectors among those adding workers. That was the largest one-month jump in private sector job growth on record for Indiana, according to state officials.

Gov. Mike Pence called the employment report “welcome news” for the state.

“The continued downward trend in unemployment and the significant growth in private sector jobs demonstrate that Indiana’s economy is strong and growing stronger every day,” Pence said in a statement.

The state’s unemployment rate peaked at 10.8 percent in mid-2009, with nearly 350,000 people then looking for jobs. Indiana joblessness declined below 9 percent in late 2010, but had not fallen much more until the last few months.

Indiana’s unemployment rate remains slightly higher than the national rate of 7 percent but is lower than its four neighboring states.

Cass County’s 7.3 non-seasonally adjusted unemployment rate is one-tenth of one percentage point higher than the state’s non-seasonally adjusted rate of 7.2 percent unemployment.

Pulaski County, at 6.4 percent, has the lowest regional unemployment rate, followed by Carroll County at 6.7 percent and White County at 6.9 percent.

Fulton County’s rate is 7.4 percent. Miami County had 8.7 percent unemployment, while Howard County’s was 7.9 percent.

Parts of the state continue to struggle with high joblessness as 20 of Indiana’s 92 counties still have unemployment rates of 8 percent or higher.

Fayette and Vermillion counties have the state’s highest jobless marks at 9.9 percent each. Lake County, the state’s second-most populous county, is next highest at 9.1 percent.

Area unemployment rates (non-seasonally adjusted) County Rate Cass 7.3 Carroll 6.7 White 6.9 Pulaski 6.4 Fulton 7.4 Miami 8.7 Howard 7.9 Indiana 7.3 (seasonally adjusted) Source: Indiana Department of Workforce Development

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