Fri, July 19 2013 17:11
Ninety of Indiana's ninety-two counties saw an increase in their unemployment rates from May to June with fifty-four of those counties seeing an increase of .5% or more. Only one county saw a decrease and one county remain unchanged. The Indiana rate went up .1% to 8.4%, while the national rate remained unchanged at 7.6%. Neighboring state rates also increased with Michigan at 8.7%, Illinois at 9.2%, Ohio at 7.2%, and Kentucky at 8.4%. Private sector employment grew in Indiana by 5,300 jobs in June, with 4,300 of those jobs coming in the manufacturing sector.
Starke County went up .3% from 10.1% to 10.4%, and three adjoining counties saw an increase of .5% and one a ,4% increase
Mon, July 08 2013 17:29
The U.S. unemployment rate remained at 7.6% in June, despite 195,000 jobs being added during the month. This number of new jobs was higher than a preliminary estimate of 165,000 jobs.
Thu, June 27 2013 17:13
The State of Indiana and Starke County both saw a decrease in their unemployment rates during the month of May. For the state, the rate dropped from 8.5% down to 8.3%, while the county rate dropped to 10.1% from 10.3% in April. The Indiana Department of Workforce Development reported that Indiana's private sector added 9,000 jobs, which was the largest monthly increase since February of 2012. Indiana and Illinois were the only two Midwestern states that experienced a decrease in their unemployment rates for the month of May. The U.S. rate for the same month was reported at 7.6%, up slightly from a 7.5% rate for April.
Wed, June 12 2013 20:32
The national unemployment rate went from 7.5% in April up to 7.6% in May, despite new jobs meeting expectations. A total of 175,000 jobs were added in the month, exceeding the April total of 145,000 jobs.
Mon, June 10 2013 17:29
Site Selection Magazine has issued its 2012 report on the Top Ten Competitive States which awards Indiana the most competitive state for business in the Midwest and the second best nationwide behind Texas. The rankings are based on a state's ability to attract investment based mainly on a 10 factor index. Indiana's second place ranking is the highest finish for the state in about 10 years.
The rankings appear in the magazine's May 2013 edition.
Mon, May 20 2013 19:54
Small businesses in Indiana represent 97.4% of all employers and they employ 48.2% of the private sector labor force, according to the Small Business Administration (SBA). Most of Indiana's small businesses are very small as 77.4% of all businesses have no employees and most employers have fewer than 20 employees.
Mon, May 20 2013 17:14
The Kaufmann Foundation and Thumbtack.com recently released their annual ranking of states for their friendliness to small businesses. Indiana placed 15th among all states in this most recent survey. This survey of eight thousand small businesses ranked states in 11 categories. Indiana was awarded the following grades:
Overall Friendliness: B+
Ease of Starting a Business:B+
Ease of Hiring: F
Health and Safety: D
Employment, Labor, and Hiring: C-
Tax Code: D
Training and Networking Programs: C-
Neighboring Midwestern states were ranked lower than Indiana, with Kentucky at 22nd, Ohio at 24th, Michigan at 36th, and Illinois at 37th
Fri, May 17 2013 19:39
All 92 Indiana counties as well as the State of Indiana experienced decreases in unemployment rates for the month of April, according to figures released this morning by the Indiana Department of Workforce Development. Indiana saw a decrease of .2%, while the Starke County rate decreased 1.3% down to 10.3%.
Private sector employment in the Hoosier state also increased by 6,800 jobs over the past month and exceeded the national rate of growth. Indiana has now experienced private sector employment growth in 37 of the past 40 months.
April also recorded the biggest drop in the total number of unemployed in over a year. Seven thousand, eight hundred fewer Hoosiers were reported unemployed in April than reported in March. Weekly claims for unemployment insurance also decreased by more than 14 percent over the past month and initial claims continue to remain below 2005 levels.
Tue, May 07 2013 17:18
Chief Executive Magazine, a bi-monthly publication for top management executives, has just issued its ninth annual "Best and Worst States" survey. More than 500 chief executives are surveyed on topics such as business tax policies, regulation, workforce quality, and livibility factors. This year's survey found Indiana rated as the top state in the Midwest and 5th nationwide. Indiana's ranking has moved up eleven places since 2010.
Neighboring states rankings included Kentucky (29th), Ohio (22nd), Michigan (44th), and Illinois (48th).
Fri, May 03 2013 17:05
The Department of Labor reported this morning that 165,000 jobs were added in April, beating forecasted expectations of 140,000 jobs for the month. Private employers created the most jobs, with sequestration still hurting the government sector. On the strength of this jobs report, the national unemployment rate for the month dropped from 7.6% to 7.5%.