¬† 05/22/13 Indiana‚Äôs seasonally adjusted unemployment rate declined by 0.2 percent to 8.5 percent in April, the largest one month decrease in over a year.¬† Private sector employment in the Hoosier state also increased by 6,800 jobs over the past month and exceeded the national rate of growth.¬† Indiana has now experienced private sector employment growth in 37 of the past 40 months.¬†
April also recorded the biggest drop in the total number of unemployed in over a year.¬† 7,800 fewer Hoosiers were reported unemployed in April than reported in March.¬† Weekly claims for unemployment insurance also decreased by more that 14 percent over the past month and initial claims continue to remain below 2005 levels.¬†
Marshall County experienced another decline in the unemployment rate.¬† In January the county was at 10.4 and in February dropped to 9.7.¬† The March numbers were 9.5 and April showed a significant drop to 8.0.¬†
Looking at those counties surrounding Marshall, we see Starke County as 10.3 while LaPorte County went from 11.6 to 10.2.¬† St. Joseph County dropped from 10.5 to 9.7 and Fulton County also had a dramatic reduction from 10.0 to 8.9.¬† Other counties include Elkhart who was at 9.4 in March and is now at 8.2 and Kosciusko County who continues to reduce their unemployment numbers.¬† In March they were at 7.6 and April ended with them at 6.4.
Fayette County tops the list of 92 counties in the state with a rate of 11.4 and Dubois County is best in the state with a rate of 5.2 down from 6.3 in March.¬†
Sectors showing gains in April include: Trade, Transportation and Utilities, Professional and Business Services, and Private Educational and Health Service.¬† The construction and manufacturing sectors showed a decline.¬†