Indiana Unemployment

Indiana unemployment tops 10%
Nearly two-thirds of Indiana's counties had unemployment rates in double digits last month as the state's seasonally adjusted rate increased to 10.6 percent.

The state is only 2 percentage points away from its November 1982 peak in seasonally adjusted unemployment, when the rate was 12.8 percent.

Unemployment grew in Fayette County by nearly a full percentage point in May, with 15.7 percent of the county's work force unemployed, up from 14.8 percent in April, according to the Indiana Department of Work force Development.

Fayette's 15.7 percent rate is the highest unemployment has been in the county since Visteon, its largest employer based in Connersville, closed 17 months ago.

Unemployment also increased in Randolph and Wayne counties. Randolph's unemployment rate climbed to 12.5 percent, up from 12.1 percent in April.

In Wayne County, 11.9 percent of the work force was unemployed in May, up from 11.6 percent in April. In May 2008, 6 percent of Wayne County residents were out of work....


Unemployment climbed in May
WASHINGTON - The unemployment picture in all but two US states deteriorated in May as the jobless rate in more than a quarter of them exceeded 10 percent.
Five states - Florida, Illinois, Indiana, Kentucky, and Tennessee - crossed into double digits last month, adding to the eight that had the distinction in April, the Labor Department reported yesterday in Washington. Joblessness in eight states, including California, Florida, and Georgia, reached the highest levels since records began in 1976.

The figures make it likely President Obama was correct this week in forecasting the national unemployment rate will reach 10 percent this year. With no region escaping the rout, consumers across the country will probably curtail their spending, preventing any boom out of the deepest recession in half a century, analysts said...

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