Wednesday, October 22, 2008

Governor Daniels: Indiana loses 3,300 jobs in September

The good thing is that we lost less than Michigan?

Indiana loses 3,300 jobs in September:

"Preliminary numbers from the U.S. Bureau of Labor Statistics show that Indiana lost about 3,300 jobs in September. Indiana was among 41 states and the District of Columbia that lost jobs last month.

But there's some good news for Indiana also. The seasonally adjusted unemployment rate fell from 6.4 percent in August to 6.2 percent in September. Indiana's unemployment rate was the lowest of its neighboring states.

The state can lose jobs while employment rises because the unemployment rate takes into account other factors, such as the number of people looking for a job.

Indiana's loss of about 3,300 jobs was far less than some other states. Michigan lost more than 28,000 jobs while Kentucky lost more than 13,000."

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