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Indiana Unemployment Rate Declines While Individual Counties Increase

by rgifford Mon, March 17 2014 20:20

The Indiana Department of Workforce Development (DWD) released its January unemployment report this morning. Even though 82 of Indiana's 92 counties saw an increase in their individual rates between December of 2013 and January of 2014, and only 3 counties experienced a decrease in their rate, the state rate dropped by .4% from 6.8% to 6.4%, the lowest rate for the state since the 6.3% rate in September of 2008. The Indiana rate is now lower than the national rate, and is also lower than all of Indiana's neighboring states.

Starke County saw its rate jump from an adjusted 7.8% in December to 8.5% in January. All counties contiguous to Starke in northwest and northcentral Indiana saw increases except for St. Joseph County, which registered a slight decrease. The Starke County rate for January is still much lower than any of the previous four years for that month, and continues to be lower than the years after the fourth quarter of 2008.

February Job Report Exceeds Expectations

by rgifford Fri, March 07 2014 16:43

 

The February report by the Labor Department released this morning showed that the American economy added 175,000 jobs last month, a pace that was better than economists had expected and well above the job gains recorded in December and January.  However, this number was still less than last year's average of 190,000 jobs per month.

 

 

INDOT Awards Bids on Two Starke County Projects

by rgifford Wed, February 19 2014 18:22

The Indiana Department of Transportation (INDOT) has recently awarded bids on two projects in Starke County. The first project is for pipe lining along US 30, 1.55 miles west of US 35 and .21 miles east of SR 23. The engineer's estimate for this project was $134,000, with the award going to Temple & Temple Excavating of Salem, Indiana on their bid of $120,500. Temple was one of three bidders for this work

The second project is for a small structure replacement on US 35, .95 miles south of SR 10.  Twelve bidders submitted bids, with the award being made to JCI Bridge Group from LaPorte, on their bid of $127,351.16. The engineer's estimate for this project was $105,000.

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U.S. Unemployment Rate Drops Despite Poor Jobs Report

by rgifford Fri, February 07 2014 18:03

The unemployment rate for the United States dropped down to 6.6% for the month of January from the 6.7% rate for December.  The drop in rate came despite the fact that only 113,000 jobs were added during the month, further evidence of a number of people dropping out of the job market.  Economists had expected to see about 180,000 jobs added during the month.

Ports of Indiana Handle Large Increase of Tonnage in 2013

by rgifford Wed, January 29 2014 17:58

The Ports of Indiana handled 8.3 million tons of cargo at its three ports in 2013, an increase of 20 percent over 2012.  In addition, this was the third highest total in the 52 year history of the Ports, and the highest since 2006.

The Port of Indiana-Burns Harbor recorded its highest annual tonnage since 2006 and second highest since 1998 by handling 2.5 million tons of cargo.  The 2013 shipments were 17 percent above the 2012 total and 23 percent over the previous five-year average.  That Port showed increases in shipments of steel, fertilizer, road salt, coal, and limestone.

Other Ports are located on the Ohio River at the Port of Indiana-Jeffersonville, and at the Port of Indiana-Mount Vernon.

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State and County Unemployment Rates Dip to Lowest Rates Since Late 2008

by rgifford Tue, January 28 2014 21:00

The Indiana Department of Workforce Development (DWD) issued its jobs report for the month of December earlier today. On the state level, the unemployment rate fell from 7.3% in November to 6.9% in December, the lowest it has been since October of 2008, when it was 6.8%. The December rate is also lower than any of the four contiguous states of Ohio, Kentucky, Michigan, and Illinois. Indiana's labor force increased by 6,000 in the month of December, and has grown by more than 21,000 over the past three months.

Starke County saw a decline of .5% in its unemployment rate for the month, going from 8.2% in November down to 7.7% in December. That December rate is the lowest recorded rate for the county since September of 2008, when it was 7.5%. Since January of 2013, the county's rate has fallen a full four percentage points, from 11.7% down to 7.7%.

INDOT Schedules Bid Letting on Starke County Projects

by rgifford Wed, January 15 2014 17:49

The Indiana Department of Transportation (INDOT) has scheduled three projects in Starke County for bid lettings in the first two months of 2014.  The first two projects are scheduled to take bids on January 5, 2014. The first of those projects is for pipe lining along US 3 1.55 miles west of US 35 and also .21 miles east of SR 23 along US 30. The second project is for a small structure replacement on US 35 1.95 miles south of State Road 10. All of these projects are scheduled for completion in May of 2014.

The third project will receive bids on February 5, 2014 and is for traffic signal modernization, which will include three lights on US 35, at SR 8, Lake Street, and Henry Street.  That project has an August 30, 2014 completion date.

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County Unemployment Rate Edges Up Slightly in November

by rgifford Fri, December 20 2013 19:35

The Starke County unemployment rate rose from 8.1% in October to 8.2% in November, a trend followed by 72 other Indiana counties during November. Only 15 counties in the state saw their rate drop, while another 4 counties experienced no change.  The Starke County rate is still well below the rate that was in place at the beginning of 2013.

Despite these numbers, the Indiana rate dropped from 7.5% in October to 7.3% in November on the strength of adding 25,300 private sector jobs, which was the largest one-month increase in Indiana on record. Manufacturing jobs added 4,800 of these new jobs. The Indiana rate makes it the lowest among all states that are contiguous to Indiana.

National Unemployment Rate Hits New Five Year Low

by rgifford Fri, December 06 2013 17:15

With the addition of 203,000 jobs in November, the U.S. unemployment rate has decreased to 7.0%, the lowest rate in the last five years.  Economic analysts had predicted an increase of about 185,000 jobs for the month.

Starke County Registers Lowest Unemployment Rate Since October of 2008

by rgifford Fri, November 22 2013 20:58

The October unemployment report issued this morning by the Indiana Department of Workforce Development (DWD) listed Starke County with a rate of 8.1%, up slightly from September's rate of 8.0%. The October rate is the lowest rate recorded for the County since the 7.7% rate in October of 2008, the start of the great recession. Since January of this year, the county rate has fallen from 12.4% to 8.1%. In addition the labor force has risen from 10,195 to 10,419 in that same time period. The County recorded its fourth month in a row out of the top 10 counties with the highest rate of unemployment, and for the month, finished in 17th place out of 92 counties in Indiana.  That marks its best showing since June of 2007 when the county finished 19th.

Indiana also caught up with Ohio, as each recorded a rate of 7.5% for October, besting Michigan at 9.0%, Illinois at 8.9%, and Kentucky at 8.4%.  Indiana saw private sector employment grow by 6,600 jobs for the month, with manufacturing jobs leading the way.

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Creating Opportunities ... Delivering On Promises

"The first thing we have to do is prove we’re credible and then deliver results. We have done that. Give us a task and we’ll get the job done." Charles Weaver, Executive Director

Starke County location and logistics create opportunities:

  • A 90-minute drive to downtown Chicago
  • In the heart of Indiana, the "Crossroads of America"
  • Midway between the east coast and the Rocky Mountains
  • In the NAFTA Super Highway corridor
  • One day’s drive within one-third of the population of the United States
  • Excellent service from class-one and short line railroads

The Starke County Economic Development Foundation delivers on our promises to make your move here easier than you ever thought possible. We have:

  • Built and leased back spec buildings
  • Constructed lead track and rail spurs
  • Installed water tower, water mains, and sewer infrastructure
  • Upgraded highway interchanges
  • Continue to assemble land for development

The Foundation has built a reputation as the LEDO that partners with you to get the job done.

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