Indiana jobless rate slides down to 8%

2012-11-20T10:45:00Z 2012-11-21T13:12:11Z Indiana jobless rate slides down to 8%Times Staff nwitimes.com
November 20, 2012 10:45 am  • 

Indiana's unemployment rate dropped in October to 8 percent, according to data the state and federal government released Tuesday.

With nearly 235,000 people looking for jobs last month, the jobless rate fell 0.2 percentage points from September's rate of 8.2 percent, the largest one-month decrease since April.

Indiana nearly doubled the national rate of job growth in October, adding 7,700 private sector jobs, according to the Department of Workforce Development. This marks the largest monthly gain since May.

Private sector employment in the Hoosier state is now at more than 96 percent of the 2007 pre-recession levels.

"Over the past year, Indiana has experienced one of the strongest periods of job growth in over a decade," Scott Sanders, commissioner of the department, said in a statement. "Since last October, we have added nearly 67,000 private sector jobs and continue to significantly out-pace the national rate of growth."

Lake County's unemployment rate ticked up to 8.7 percent in October, from 8.6 percent in September. Porter County's rate was unchanged at 6.9 percent, while LaPorte County's rate also increased slightly to 8.9 percent from 8.8 percent.

The Indiana unemployment level hasn't changed much since reaching 7.9 percent in April after going down from 9.3 percent in the middle of last year.

Indiana's October jobless rate is slightly higher than the national 7.9 percent and better than its surrounding states other than Ohio.

The Associated Press contributed to this report.

Copyright 2013 nwitimes.com. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Promo Banner - Ken Allen Teachers of Excellence
Follow The Times

Facebook

on Facebook

Twitter

on Twitter

Email

Get email updates from

Email Updates

RSS

Follow via RSS

RSS Feeds

In This Issue

Professionals on the Move Banner

Videos

Tom Sourlis: Northwest Indiana Business and Industry Hall of Fame

Tom Sourlis is one of the Class of 2013 inductees to the Northwest Indiana Business and Industry Hall of Fame.

Danita Johnson Hughes: Northwest Indiana Business and Industry Hall of Fame

Danita Johnson Hughes: Northwest Indiana Business and Industry Hall of Fame

Danita Johnson Hughes is one of the Class of 2013 inductees to the Northwest Indiana Busines…

Latest Local Offers

Fat Predator Supplements & Nutrition
Lose up to 30 lbs. in 30 days!

The Ultimate Weight Loss Kit is hands down the most powerful s…

Kensington Watch Services
Kensington Watch Services Is Your Repair Expert

Stop by Kensington Watch Services today at 146 North Main Stre…

Howard's Tree Service Firewood Packages For Campers!

Welcome campers, we have the perfect firewood package deals fo…

St. John Plumbing
$50.00 off water heater installation

Call now 219-365-2095 and mention offer nwiinstallation.

American Family Insurance - Glenn Gross
Protect your future insurability...

We offer Term Life, Universal Life, Whole Life and other life …

Featured Businesses

Newsletter Sign-Up