Report: Indiana lost 5,800 jobs in October
Report: Indiana lost 5,800 jobs in October Save Email Print
Indianapolis
Posted: 2:37 PM Nov 21, 2008
Last Updated: 2:37 PM Nov 21, 2008
Reporter: The Associated Press

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The Bureau of Labor Statistics says that Indiana lost nearly 5,800 jobs in October amid the nation's mounting economic woes.

Indiana was among 38 states and the District of Columbia that lost jobs last month. The agency released the preliminary figures Friday.

Indiana's seasonally adjusted unemployment rate rose from 6.2 percent in September to 6.4 percent in October, but it remained below the national unemployment rate of 6.5 percent.

Indiana's unemployment rate was also lower than its neighboring states.

Michigan's October unemployment rate was 9.3 percent, Ohio and Illinois both had 7.3 percent jobless rates and Kentucky's unemployment rate was 6.8 percent.

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Posted by: jerry Location: michigan on Nov 22, 2008 at 07:59 AM
they figure by how many people are collecting unemployment versus the number of people working. bad thing is when your unemployment runs out your not counted anymore. mitch likes saying indiana has a low rate but he turns a blind eye to the north next to where us michigan people also work. he needs a dose of reality and really look around. indiana is no better off than its surrounding nieghbor states. kokomo is next and ft.wayne

Posted by: wondering Location: S.Bend on Nov 21, 2008 at 11:58 PM
I would like to know how the unemployment rate is figured out. Does anyone know?


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