Tagged: unemployment

Indiana’s unemployment rate went up once again in February, though the state’s private sector marked the 20th consecutive month of job growth.

Indiana’s private sector added 5,800 jobs last month.  And since July of 2009, the low point of the recession, the state has created jobs in all but four months.  But at 8.7% in February, Indiana’s unemployment rate is at its highest level in more than a year.

Indiana’s private sector lost nearly 6,000 jobs in September, the first decline in nearly a year.  Yet the state’s employment rate also fell for the first time since April.

Indiana’s unemployment rate had gone up or held steady for five months while, at the same time, the private sector created jobs. 

Last month, that trend changed as the unemployment rate fell to 8.2%.  University of Indianapolis economist Matt Will says while September’s jobs report isn’t positive, it also isn’t time to panic.