INDIANAPOLIS - Indiana’s preliminary seasonally-adjusted unemployment rate for March 2010 increased by 0.1 percent to 9.9 percent, but the number of Hoosier jobs increased by 16,600. That is the largest over-the-month employment increase since September 2005. The monthly increase in the unemployment rate is not considered statistically significant.
“Ten percent of all jobs added in the U.S. (162,000) in March were located in Indiana, but more Hoosiers returned to the workforce last month, impacting the rate,” said Teresa Voors, Commissioner of the Indiana Department of Workforce Development.
Seasonally-adjusted total non-farm employment in Indiana increased by 16,600 in March, the third straight month of employment gains. Sectors reporting significant employment increases include: Professional and Business Services (7,200), Manufacturing (6,300), Construction (3,500) and Trade, Transportation and Utilities (3,000). Sectors reporting significant employment declines include: Leisure and Hospitality (-1,100), Financial Activities (-1,100), Private Education and Health Services (-800).
Indiana is the only state among its neighbors to report an unemployment rate below 10.0 percent and a year-to-year decline in its unemployment rate. The national employment rate increased 1.1% compared to March 2009.
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