Beyond the numbers of the latest Indiana unemployment report…

Beyond the September 2014 Numbers…
Additional Data after Release of Indiana’s Monthly Employment Report
________________________________________________________________________
 
 
·         Over the past year, Indiana’s unemployment rate declined 1.6%, which is the 6thlargest decrease in the nation. Indiana’s decline of 5.1% since July of 2009, the low point of employment in the state, ranks 3rd in the U.S.
 
·         Indiana’s labor force has grown by more than 50,000 over the past year (+50,366), at a rate that is over 5 times the national rate of growth (1.6% vs 0.3%).
 
·         Indiana led the nation in Manufacturing job growth in August (+5,900), still leads the nation in Manufacturing job growth over the past year (+25,600), and is 2nd in the nation in rate of growth over the past year (+5.2%).
 
·         The Hoosier State has also added the 2nd most Manufacturing jobs (+90,300) in the U.S. since July 2009, at a rate that ranks 3rd in the nation (+21.1%).
 
·         Indiana continues to have the highest concentration of private sector Manufacturing jobs in the U.S.
 
·         Since July 2009, Indiana has added 241,800 Private sector jobs, which ranks 10th in the nation, at a rate of 10.4%, which ranks 9th in the nation.
 
 
Manufacturing Growth
 
o   Indiana led the nation in job growth in September.
State
Jobs Added
Rank

Indiana

5,900

1

Ohio

3,600

2

Pennsylvania</div>

2,700

3

North Carolina
2.000
4

Tennessee

1,900

5

Michigan
1,500
6
Alaska
1,500
7
South Carolina
1,400
8
Florida
1,300
9
Mississippi
1,100
10
 
o   Indiana continues to lead the nation in jobs added over the past year.
State
Jobs Added
Rank

Indiana

25,600

1

Ohio

15,700

2

Texas

15,200

3

Michigan
11,600
4

Minnesota

11,100

5

Wisconsin
10,000
6
Georgia
8,700
7
South Carolina
7,600
8
Florida
6,900
9
Tennessee
6,700
10
 
 
o   Indiana ranks 2nd in the nation in the nation in rate of growth over the past year.
State
Rate of Growth
Rank

Alaska

8.2%

1

Indiana

5.2%

2

Montana
4.9%
3

Colorado

4.5%

4

Wyoming

4.2%

5

Mississippi

3.7%

6

Minnesota
3.6%
7
South Carolina
3.4%
8

South Dakota

3.1%

9

Nevada
2.9%
10
 
o   Indiana ranks 2nd in the nation in jobs added since July 2009 (the low point of employment in Indiana)
State
Jobs Added
Rank

Michigan

122,000

1

Indiana

90,300

2

Ohio

67,000

3

Texas
63,500
4
Wisconsin
41,400
5

Washington

25,400

6

South Carolina
24,300
7
Minnesota
23,500
8

Tennessee

22,300

9

Kentucky

20,300

10

 
o   Indiana ranks 3rd in the nation in rate of growth since July 2009 (the low point of employment in Indiana)
State
Rate of Growth
Rank

Michigan

27.3%

1

Alaska

21.4%

2

Indiana

21.1%

3

South Dakota
17.0%
4
South Carolina
11.6%
5

Montana

11.6%

6

Ohio
11.0%
7
Idaho
10.7%
8

Wyoming

10.0%

9

Colorado

9.8%

10

 
 
Private Sector Growth
 
o   Indiana ranks 9th in nation in rate of growth since July 2009 (the low-point of employment)
State
Rate of growth
Rank

North Dakota

35.4%

1

Texas

16.4%

2

Utah
14.4%
3
California
11.6%
4

Colorado

11.5%

5

Michigan

11.3%

6

Florida

11.1%

7

Tennessee

10.5%

</span>

8

Indiana

10.4%

9

South Carolina
9.6%
10
 
o   Indiana ranks 10th in nation in jobs added since July 2009 (the low-point of employment)
State
Jobs Added
Rank

Texas

1,381,500

1

California

1,367,200

2

Florida
675,000
3
New York
629,600
4

Michigan

358,500

5

North Carolina

303,400

6

Ohio
295,300
7
Georgia
283,300
8
Illinois
261,700
9

Indiana

241,800

10