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National Unemployment Rate Drops Despite Lower Job Growth Than Expected

by rgifford Fri, September 07 2012 22:33

The August jobs report was issued this morning with less than expected results.  Only 96,000 new jobs were added during the month, while experts had expected about 125,000 new jobs.  Despite that report, the national unemployment rate fell from 8.3% in July to 8.1% in August, signaling that several individuals have stopped looking for jobs as opposed to new jobs being created.

State Road 8 East of Knox Reopens

by rgifford Fri, September 07 2012 19:17

State Road 8 just east of Knox has reopened for traffic as of this morning.  The road had been closed for the past two weeks while work was done on the railroad crossing just east of the Sabre manufacturing plant.  The reopening came about three days earlier than originally planned.

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Indiana Named as Best Place to Do Business in the Midwest by Another Study

by rgifford Mon, August 27 2012 19:34

Indiana has once again received high ranking in the recently released Pollina Corporate Top 10-Business States for 2012 study.  Among states in the Midwest, Indiana received the top ranking and among all states, Indiana was rated as the 5th best state to do business in.  This is the fourth ranking in less than a year in which Indiana's business climate has received a top 10 ranking nationally.

The Pollina study is the ninth year that such rankings have been made, and the study is based on a review of 32 factors controlled by state government.  Indiana's ranking has moved up 18 places since 2010, earning it the title of "most improved state" this year.  Among neighboring states in the Midwest, Kentucky ranked 28th,Ohio 20th, Michigan 39th, and Illinois 48th.  During the same three year period of 2010-2012, Illinois saw their ranking go from 36th up to 48th, at the same time that Indiana was recording a noticeable improvement in their ranking.

Starke County Unemployment Rate Registers Slight Increase in July

by rgifford Mon, August 20 2012 19:39

According to figures just released by the Indiana Office of Workforce Development (DWD), Starke County had an unemployment rate of 9.9% in July, up from 9.8% the previous month.  This increase followed a similar increase around the State of Indiana and neighboring counties.  Fulton and Porter Counties saw no change, while Marshall County was up .1%, and LaPorte and St. Joseph Counties were up .2%.  Only Pulaski County had a decrease, going down .1%. The State of Indiana went up .2% in July.

Indiana added another 3,300 private sector jobs in July, and since July of 2009, that total is 143,000 new private sector jobs.  Neighboring states reported a 9.0% rate in Michigan, 8.9% in Illinois, 7.2% in Ohio, and 8.3% in Kentucky.

Work Nearing Completion on US 35 Bridge

by rgifford Tue, August 14 2012 20:54

The Indiana Department of Transportation (INDOT) has reported that work on the reconstruction of a bridge on US 35 just north of Knox is about two weeks from completion and as of August 7, was being shown as being 90% complete.

INDOT Projects in Starke County Update

by rgifford Wed, August 08 2012 17:29

The Indiana Department of Transportation (INDOT) has issued an update on current projects in Starke County, as of July 24, 2012.  The Koontz Lake Dam and Bridge Project is now listed as 100% complete, while work on the bridge over US 35 on the north side of Knox is now shown to be at 67% completion.  Work has begun on the west lane of that project and traffic is still limited to one lane in that area.

July Jobs Report Better than Expected

by rgifford Fri, August 03 2012 17:14

The July jobs report proved to be better than forecasted, with an additional 163,000 jobs added during the month nationally.  Analysts had predicted something more in the area of 95,000 new jobs.  Manufacturing jobs increased by 25,000 during the month.

Despite the jobs outcome, the national unemployment rate inched upward from 8.2% last month to 8.3% for July.

Starke County Unemployment Rate Up Slightly for June

by rgifford Mon, July 23 2012 20:33

The Starke County unemployment rate for June, 2012 rose by .1% from the revised rate for May, which was 9.7%.  That new rate of 9.8% was a lesser increase than any of Starke's neighboring counties, which saw increases ranging from .2% up to .8%.  Overall for the State of Indiana, the state rate rose by the same .1% up to 8.0%, while the national rate stayed the same at 8.2%.

Indiana enjoyed the 8th straight month of adding private sector jobs, with manufacturing continuing its strong showing adding another 2800 jobs in June, making a total of 15,100 new jobs in 2012.  Overall, Indiana experienced a private sector job growth of 1400 jobs in June, making an additional 140,000 private sector jobs added since July of 2009.  Government and Public Education and Heath Services continued to shed jobs during the month.

Three of Indiana's neighboring states saw their rates increase from that reported in May, with only Ohio seeing a decrease in its rate of .1%.

CNBC Finds Indiana 14th in "Top States for Business" Report for 2012

by rgifford Thu, July 12 2012 20:48

The 2012 CNBC "Top States for Business Report" was recently issued, finding that Indiana moved up one place from 15th to 14th among the fifty states since the 2011 report.  The CNBC Report seeks to determine how well a state does with respect to what it touts itself at being good at in its effort to sell itself.

Indiana ranked in the top 25 states in 7 of the 10 categories looked at, including #5 in Business Friendliness, #7 in Cost of Living, #11 in Economy, #16 in Cost of Business, #18 in Infrastructure and Transportation, #23 in Technology and Innovation, and # 25 in Education.  When compared to its neighboring states, Indiana's #14 ranking fared well, with Ohio next at #25, Illinois at #26, Michigan at #33, and Kentucky in a tie for #36.  Illinois, Ohio, and Kentucky all held lower rankings this year than last.

June Jobs Report Below Expectations Again

by rgifford Fri, July 06 2012 18:03

The U.S. Department of Labor issued its June jobs report this morning, with a reported 80,000 jobs created in June.  Experts were expecting a figure somewhat closer to 90,000 new jobs.  The May totals were revised up from 69,000 to 77,000, and the unemployment rate for the United States continued at 8.2%.

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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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