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[DWD] February 2013 Indiana Employment Report
Start Date: 3/29/2013Start Time: 10:00 AM
End Date: 3/29/2013End Time: 10:00 AM
Entry Description


 

INDIANAPOLIS  – Indiana continued a steady trend of private sector expansion in February, adding 5,800 jobs, maintaining a streak of growth dating back to July 2011. February marked the 38th month of private sector increases in the 42 months since July 2009, the low point of employment in Indiana. In that period, Indiana has added more than 188,000 private sector jobs, nearly 65,000 of which have been in the manufacturing sector alone. Over the past year manufacturing job growth in Indiana has more than tripled the national average (3.3 percent versus 0.9 percent).

For the second month in a row, Indiana also experienced a significant swell in the labor force, adding 7,500 Hoosiers, 3,800 of which were unemployed individuals who began looking for work again. The sizeable labor force increase in February once again drove an uptick in the unemployment rate, which crept up 0.1 percent from January to 8.7 percent. The January and February labor force increase of nearly 22,000 people is the largest two month climb in nearly 20 years. 

“While the extraordinary jump in the Hoosier labor force over the past two months tells us folks are optimistic about Indiana’s economic recovery, the unemployment rate is still too high,” said Scott B. Sanders, Commissioner of the Indiana Department of Workforce Development. “Job growth is certainly moving in the right direction, but there is definitely a good deal more work to do.” 

Sanders also noted initial unemployment claims are now at their lowest levels in eight years.

 
     
  Graphs-December  
     
  Employment by Sector

Sectors showing significant gains in February include: Manufacturing (3,400), Construction (2,700), Trade, Transportation & Utilities (1,400), and Financial Activities (1,100). The Private Educational & Health Services (-1,000), and Leisure and Hospitality (-800) sectors showed decline. Total non-farm employment increased in February (9,300).

Midwest Employment Picture

 
     
 
  February 2012 January 2013 February  2013 Monthly Change
Indiana
8.3%
8.6%
8.7%
0.1%
U.S.
8.3%
7.9%
7.7%
-0.2%
Illinois
8.9%
9.0%
9.5%
0.5%
Kentucky
8.3%
7.9%
7.9%
0.0%
Michigan
9.1%
8.9%
8.8%
-0.1%
Ohio
7.5%
7.0%
7.0%
0.0%
 
     
  EDITOR'S NOTE:  Due to the Good Friday holiday, Beyond the Numbers will be released on Monday, April 1. The March 2013 Employment Report will be released on Friday, April 19, 2013  
 

Links to the data used to compile the monthly employment report are listed below:

Employment Report (LAUS)

Jobs Report (CES)

-30- 

 
Contact Information:
Name: Joe Frank
Phone: 317-234-7671
Email: jfrank@dwd.in.gov
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Entry Type:
Press Release
Entry Category:
  • Announcements
  • IN.gov Category:
  • Business & Employment
  • Agency Name
    Workforce Development, Indiana Department of

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