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Old 05-18-2012, 08:46 AM
 
Location: Indianapolis
3,900 posts, read 1,649,858 times
Reputation: 957
Default Indiana alone Accounts for 12% of the nations Job Creation!

State Unemployment Rate Goes Down - Newsroom - Inside INdiana Business with Gerry Dick

Wonderful news for our state
Hmmm Maybe Right to Work/low taxes and regulation and the 5th best business climate in the nation are worth it now
Come to Indiana and get the jobs!
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Old 05-18-2012, 09:04 PM
 
Location: Fort Wayne
508 posts, read 794,562 times
Reputation: 171
In fact, some counties are recovering to pre-recession levels, in both their work force and the people employed. Good news definitely!
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Old 05-18-2012, 09:09 PM
 
Location: In a happy place
3,044 posts, read 2,997,754 times
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While there are new jobs appearing, a drop in the unemployment rate is not necessarily caused entirely by new jobs. As people's unemployment compensation expires, they are no longer counted in the unemployment figures, thus a lower rate.
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Old 05-18-2012, 10:18 PM
 
Location: Indianapolis
3,900 posts, read 1,649,858 times
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Quote:
Originally Posted by rrtechno View Post
While there are new jobs appearing, a drop in the unemployment rate is not necessarily caused entirely by new jobs. As people's unemployment compensation expires, they are no longer counted in the unemployment figures, thus a lower rate.
for other states maybe.
But not for Indiana.
15400 jobs is #1 in the nation and thats amazing for a state with only 6.5M people
Thanks my man Mitch!
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Old 05-19-2012, 07:23 AM
 
Location: In a happy place
3,044 posts, read 2,997,754 times
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Nope, Indiana counts unemployed the same way as anyone else. If you have 100,000 people on the unemployment rolls and 1,000 people exhaust their unemployment benefits, If no one else goes on, your unemployment rate just dropped by 1% even if no new jobs were created.

Unemployment rates are calculated by the number of people collecting unemployment benefits. There is no other way to collect actual figures.

My post referred to the unemployment figures statement in the article title. I never said that new jobs were not created. Trying to point out that headlines can be misleading.
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Old 05-19-2012, 07:38 AM
 
Location: Fort Wayne
508 posts, read 794,562 times
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HOWEVER, what one really has to look at it is whether or not the workforce is increasing as well. I know, at least for my county (Elkhart County), that compared to two years ago in April 2010, our workforce (people looking for work) has increased by 9,000 people. As a result, our employment workforce (people working right now) has increased by 12,000 people. In some counties, I know it is not as good, but at least here it is the result of new jobs being created. A simple drive through an industrial park is evidence that there are simply more cars at the factories and not too mention longer wait times during rush hour.
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Old 05-19-2012, 11:32 AM
 
Location: Indianapolis
3,900 posts, read 1,649,858 times
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Regional and State Employment and Unemployment Summary

Indiana according to the BLS created over 17,100 jobs and Texas follows behind
Great job to Indiana creating the better state to relocate too and get employment 1 policy at a time
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Old 05-19-2012, 11:57 AM
 
Location: North central Indiana
179 posts, read 135,666 times
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How many of these new jobs are minimum wage or close to minimum wage with little or no benefits? We have seen some growth in Howard/Tipton county area but most of the new jobs are in the service industry and the pay low enough that the employees still qualify for some goverment aid. Any job growth is great but not all jobs are created equal.
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Old 05-19-2012, 12:08 PM
 
Location: Indianapolis
3,900 posts, read 1,649,858 times
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Quote:
Originally Posted by ccc123 View Post
How many of these new jobs are minimum wage or close to minimum wage with little or no benefits? We have seen some growth in Howard/Tipton county area but most of the new jobs are in the service industry and the pay low enough that the employees still qualify for some goverment aid. Any job growth is great but not all jobs are created equal.
well isnt Chrysler hiring people in Kokomo or is that over now?
just a few years ago we questioned are chrysler and GM going to be around anymore
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Old 05-19-2012, 06:20 PM
 
Location: Fishers, IN
5,563 posts, read 5,726,548 times
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Quote:
Originally Posted by Broadrippleguy View Post
well isnt Chrysler hiring people in Kokomo or is that over now?
just a few years ago we questioned are chrysler and GM going to be around anymore
We can thank Richard Mourdock for that, right??
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