Indiana's unemployment rate edges up



Indiana's unemployment rate moved up again in July, continuing a slight upswing that began in May.

The seasonally-adjusted unemployment rate inched up from 8.3 percent in June to a preliminary rate of 8.5 percent in July.

That's up from a low of 8.2 percent in April and May but down significantly from 10.9 percent in June 2009, the most recent peak.

Indiana's rate is lower than neighboring states and the national average. The U.S. unemployment rate declined slightly in July to 9.1 percent.

Mayor Greg Ballard released the following statement upon the figure's release: "The unemployment rate remains lower in Indianapolis than the national average and it has dropped more than twice as much as the nation over the past year. Given the unsettled national economic picture, it becomes even more important that we repeat our successes from this week with announcements like Angie's List and Old Dominion Freight Line adding nearly 700 jobs in the city."


The mayor's office also noted that local unemployment rates are non-seasonally adjusted, suggesting that to account for seasonal employment fluctuations, year-to-year employment figures offer the best understanding of local employment trends.

State officials also weighed in on the news.

"In comparison to our neighbors, Indiana is the only state below 9 percent," said Mark Everson, the commissioner of the Department of Workforce Development, in a press release. "In terms of jobs, the bright spot for the month was an increase in manufacturing, but we saw a tightening across other sectors."



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