News release from the Indiana Department of Workforce Development:
February 2011 Indiana Employment Report
(INDIANAPOLIS – March 25, 2011) – Indiana’s preliminary seasonally-adjusted unemployment rate dropped 0.3 percent, to 8.8 percent in February. This marks the first time since December 2008 the state’s unemployment rate has been less than 9 percent. Indiana’s rate is now just below the national average of 8.9 percent and below that of all neighboring states. Private sector employment in Indiana declined in February, (-1,600).
“The number of Hoosiers claiming state unemployment insurance benefits is less than half the number it was two years ago,” said Mark W. Everson, Commissioner of the Department of Workforce Development. “Moreover, new claims for unemployment insurance are now at a level not seen since 2006.”
Employment by Sector
Sectors showing significant employment gains in February include: Private Education and Health Services (1,300) and Construction (1,200). Sectors showing significant declines are Trade, Transportation and Utilities (-3,200) and Government (-6,300). Total non-farm employment decreased (-7,900) in February.
Midwest Employment Picture
EDITOR’S NOTE: January 2011 private sector employment was revised (-2,000) from the preliminary estimate. The March Employment Report will be released on Tuesday, April 19, 2011.
Links to the data used to compile the monthly employment report are listed below:
Employment Report (LAUS)