updated: 12/22/2008 8:01:48 AM

Indiana Unemployment Rate Hits 7.1 Percent

Inside INdiana Business.com Report

Indiana's seasonally adjusted unemployment rate for November hit 7.1 percent, compared to 6.4 percent in October. Indiana Workforce Development says it is also up from 4.5 percent in November 2007. Indiana is still faring better than neighboring states, including Michigan, where unemployment hit 9.6 percent last month. The U.S. Bureau of Labor Statistics reports Indiana lost 12,800 jobs in November.

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Source: Inside INdiana Business

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Press Release

INDIANAPOLIS (December 19, 2008) – The Indiana Department of Workforce Development (DWD) today released its latest monthly employment report.

In November, Indiana’s seasonally adjusted unemployment rate was 7.1 percent. The national seasonally adjusted rate is 6.7 percent. The unemployment rate in Michigan is 9.6 percent. Michigan was followed by Ohio and Illinois at 7.3 percent. Kentucky is scheduled to report their numbers on December 22.

"Indiana, like other manufacturing states, is being hit hard by the impact of the national recession and a severe decline in demand for both durable and non durable goods," said Teresa Voors, DWD commissioner.

Source: Indiana Department of Workforce Development

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