Beyond the October 2013 Employment Numbers

· Indiana’s decrease in the unemployment rate over the past 3 months is the largest drop since September 1993. (8.4% in July to 7.5% in October)

· During the same period, Indiana’s labor force has expanded by 6,000 workers and the number of unemployed Hoosiers has decreased by more than 27,000

· Over the past year, Indiana has added 32,000 private sector jobs, nearly 22,000 since January.

· Indiana’s private sector job growth ranks 5th in the nation in percentage of growth since the low point of employment in July 2009 (8.4%), and 10th in the nation in total private sector growth since July 2009 (+196,200).

· The Hoosier State added the 4th most manufacturing jobs in the nation during October (+3,600).

· Since the low point of employment in July 2009, Indiana has added 60,000 manufacturing jobs, which is 2nd in the nation, at a 14% rate of growth, also 2nd in the nation.

· The Hoosier State continues to have the highest percentage of manufacturing jobs as a portion of the private sector in the United States.

· Over the past year, Trade, Transportation and Utilities job growth in Indiana ranks 3rd in nation (+23,000), at a rate of growth which ranks 2nd in the nation (+4.1%).

· Since the low point of employment in July 2009, Indiana has added 40,200 Trade, Transportation and Utilities jobs, which is 7th in the nation, at a 7.4% rate of growth, also 7th in the nation.

· Indiana’s construction growth in October ranked 8th in the nation (+1,700).

Manufacturing Growth
o Indiana ranked 4th in the nation in jobs added in October.
State Jobs Added Rank
Wisconsin 6,000 1
Minnesota 3,900 2
Georgia 3,700 3
Indiana 3,600 4
Illinois 3,500 5
South Carolina 2,600 6
North Carolina 2,400 7
Michigan 2,100 8
Iowa 1,600 9
Colorado 1,000 10

o Indiana ranks 2nd in the nation in jobs added since July 2009 (low point of employment).

State Jobs Added Rank
Michigan 113,100 1
Indiana 60,000 2
Ohio 51,300 3
Texas 48,100 4
Wisconsin 38,500 5
Washington 22,300 6
Tennessee 18,600 7
Iowa 17,600 8
South Carolina 14,900 9
Illinois 14,700 10
o Indiana ranks 2nd in the nation in rate of growth since July 2009 (low point of employment).
State Rate of Growth Rank
Michigan 25.3% 1
Indiana 14.0% 2
South Dakota 13.7% 3
North Dakota 12.0% 4
Wyoming 10.0% 5
Wisconsin 9.1% 6
Iowa 8.9% 7
Washington 8.5% 8
Utah 8.4% 9
Ohio 8.4% 10

Private Sector Growth

o Indiana ranks 5nd in the nation in rate of growth since July 2009 (low point of employment).

State Rate of Growth Rank
North Dakota 29.1% 1
Texas 11.9% 2
Utah 11.0% 3
Michigan 9.7% 4
Indiana 8.4% 5
Tennessee 7.7% 6
Idaho 7.6% 7
Florida 7.6% 8
California 7.5% 9
New York 7.0% 10

Trade, Transportation and Utilities Growth

o Indiana ranks 2nd in the nation in rate of growth over the past year.

State Rate of Growth Rank
Nevada 4.5% 1
Indiana 4.1% 2
Florida 3.6% 3
Washington 3.6% 4
North Dakota 3.3% 5
California 3.1% 6
Utah 3.1% 7
Texas 3.1% 9
Idaho 2.9% 10

o Indiana ranks 3rd in the nation in jobs added over the past year.

State Jobs Added Rank
Texas 66,900 1
Florida 56,300 2
Indiana 23,000 3
California 21,400 4
Washington 19,500 5
New York 19,100 6
North Carolina 18,000 7
New Jersey 18,000 8
Michigan 17,100 9
Georgia 16,500 10

Construction Growth

o Indiana ranks 8th in the nation in jobs added in October.

State Jobs Added Rank
Florida 10,500 1
Louisiana 3,400 2
Nevada 3,100 3
Oklahoma 2,100 4
Mississippi 1,900 5
South Carolina 1,800 6
Michigan 1,700 7
Indiana 1,700 8
Pennsylvania 1,400 9
West Virginia 1,400 10

October 2013 Beyond the Numbers.pdf