Indiana Unemployment Rate Ticks Up in December

Indiana’s preliminary seasonally-adjusted unemployment rate for December 2009 increased 0.3 percent to 9.9 percent, the Indiana Department of Workforce Development reported today.

“Indiana and its Midwest neighbors each reported increases or remained virtually flat in December,” said Teresa Voors, Commissioner of the Indiana Department of Workforce Development. “The two largest factors in the December Employment Report are a drop in construction employment, possibly attributed to the weather, and an increase in the number of unemployment claims following eight straight months of decline.”

Seasonally-adjusted total non-farm employment in Indiana fell by 7,900 in December. Sectors reporting employment declines include: Construction (-4,200), Trade, Transportation and Utilities (-2,500), Leisure and Hospitality (-1,400), and Manufacturing (-1,100). Financial Activities (+1,500) and Professional and Business Services (+1,200) both report employment gains

Indiana and Ohio each posted 0.3 percent increases in December. Ohio’s unemployment rate now stands at 10.9 percent. Illinois increased 0.2 percent to 11.1 percent. Kentucky increased 0.1 percent to 10.7 percent. Michigan’s unemployment rate decreased 0.1 percent to 14.6 percent.

The national unemployment rate remained unchanged in December at 10.0 percent.

Indiana’s unemployment rate stood at 7.8 percent in December 2008.

Notes: New Federal Funding for “Shovel-Ready” Projects Expected Soon

The Northwest Indiana Regional Planning Commission expects a new round of funding for “shovel-ready” projects to hit within the next 45 days and is urging local leaders to start assembling projects now because the money is expected to go quickly.

Developers want to create an “aerotropolis” including business, retail and lodging facilities, around the Indianapolis International Airport.

The U.S. Army Corps of Engineers will sample the Grand Calumet and Little Calumet rivers in northern Indiana for Asian carp DNA.

Purdue University will cut employee benefits by $27 million to help close a $67 million budget gap at its West Lafayette campus.

The Allen County auditor’s office says the county needs to set funds aside now to offset declining future revenues.

Downtown Elkhart’s theater renovation is proceeding on time and under budget.

Clean energy advocates are objecting to changes in legislation regarding who can install their own clean energy devices, such as wind turbines, and how much credit they get back from utility companies for the power they generate.

The J.T. Myers Lock & Dam in Posey County needs work.