Batesville Herald Tribune, Batesville, Indiana

Business

August 2, 2013

Good and bad news for Hoosier unemployment

Indiana led the nation in manufacturing job growth in June, adding 4,300 positions. California came in second place, with 2,600 manufacturing jobs added. Overall, the manufacturing sector experienced the largest one-month increase since August 2004, according to an Indiana Department of Workforce Development report.

Since July 2009, Indiana has added nearly 64,000 manufacturing jobs, coming in second in the nation, at a 14.9 percent rate of growth, ranking third in the nation. The state continues to have the highest percentage of manufacturing jobs as a portion of the private sector than any other state.

“The manufacturing sector experienced the largest one-month increase in nearly a decade,” said Scott Sanders, IDWD commissioner. “The majority of the growth occurred in durable goods, mainly in transportation equipment.”

He also noted that private sector employment for June of 2.5 million has not been near this level since June 2008, and initial claims for unemployment insurance continue to remain at their lowest levels since 2000.

Gov. Mike Pence said, “The job growth seen in Indiana’s manufacturing sector in the month of June shows that people are going to work in Indiana. While too many Hoosiers are still out of work, I am encouraged by today’s report and anticipate further progress for jobs in Indiana in the months ahead.”

Private sector employment in Indiana grew by 5,300 jobs in June, the third month in a row of significant increases.

The seasonally adjusted unemployment rate edged up from 8.3 percent in May to 8.4 percent in June. The increase put Indiana in the middle of neighboring states: Ohio, 7.2 percent; Kentucky, 8.4 percent; Michigan, 8.7 percent; and Illinois, 9.2 percent. The U.S. average unemployment rate is 7.6 percent.

Rates in two area counties fall above and below the state mark. At 8.1 percent, Franklin ranks 62nd out of 92 counties. Its unemployment rate was 7.5 percent in June 2012.

At 9.5 percent, Ripley ranks 27th out of 92 counties with the most unemployment. That’s also higher than a year ago when the percentage was 9.3.

Indiana’s highest jobless rate is in Fountain County with 12.4 percent. Dubois and Hamilton counties each have the most persons working, tied at 6.2 percent, according to the report.

More information about the June 2013 Indiana Employment Report can be found at http://bit.ly/1bt1Z7d.

1
Text Only
Business
  • biz bv072514 - BTD fledderman honor Fledderman leads national association Jody Fledderman, Batesville Tool & Die president and chief executive officer, has been selected as chairman of the board of the Precision Metalforming Association, which represents more than 900 companies supplying the $113 billion metal forming indu

    July 25, 2014 1 Photo

  • biz - bv072514 - Burcham, Doug Three RBSK employees added Leaders at RBSK Partners PC are pleased to announce three additions to the staff. Amanda Kruthaupt, Barbara Bohman, CPA, and Doug Burcham have been hired for several key positions.Kruthaupt joined the firm upon her graduation from Franklin College wi

    July 25, 2014 3 Photos

  • August seminars in four cities Various Indiana cities, chambers and the Southeast Indiana Small Business Development Center are sponsoring national speaker Marc Willson to return to southeast Indiana to present a series of seminars.Willson brings 35 years of experience to bear hel

    July 25, 2014

  • Old National earnings reported Old National Bancorp (Nasdaq: ONB) will release details of its second quarter earnings before the market opens Monday, July 28, and will hold a conference call with the financial community at 11 a.m. to discuss results, strategic developments and the

    July 25, 2014

  • Great Clips donates school supplies Great Clips, the world’s largest salon brand, has teamed up with AdoptAClassroom.org for the 2014 school year to provide teachers, students and parents with access to much needed school supplies.According to a news release, more than 15 million child

    July 25, 2014

  • Over 200 new jobs projected for Valeo GREENSBURG – Auto parts maker Valeo Engine Cooling ( www.valeo.com) plans to invest nearly $28 million in new machinery in Greensburg and expects to create 257 new jobs by the end of 2015. The company, which was established in the city in 1989, will

    July 15, 2014

  • Hoosier Lottery sets sales record Hoosier Lottery officials have announced the state lottery has exceeded $1 billion in sales in a 12-month period, the highest in its 25-year history. The milestone surpasses the previous sales record of $934 million in fiscal year 2013, according to

    July 15, 2014

  • biz - bv071514 - Barnard, Blayr Barnard and ISBDC recognized Blayr Barnard became the Southeast Indiana Small Business Development Center regional director in July 2009, according to a press release. She has worked in small business development since 2002, including time as the director of the southeastern Mon

    July 15, 2014 1 Photo

  • TCC will give away school supplies Residents in Batesville are about to benefit from a national backpack giveaway campaign. Officials at The Cellular Connection, the largest Verizon premium wireless retailer in the U.S., in a joint effort with its customers, announce that the company

    July 15, 2014

  • biz - bv071514 - milan primary care Primary care offered in Milan The first patient to be seen at Milan Primary Care, which opened earlier this year, was Deanna DeMotte. During her checkup, the patient was written an order for a diagnostic test, the results of which brought life-changing news, according to a Dearb

    July 15, 2014 1 Photo