In Comparison, States Around Kentucky and Their Unemployment Rate
Indiana’s unemployment rate remained nearly unchanged for the sixth straight month as it increased slightly to 9.9 percent for March.
Figures released Friday by the state Department of Workforce Development show the jobless rate rose by one-tenth of a percentage point from February’s 9.8 percent. The agency says the state’s total number of jobs grew by 16,600, but that the number of those seeking jobs grew faster as about 330,000 people were unemployed in March.
Indiana’s jobless rate has been just below 10 percent since October after peaking at 10.6 percent last June.
The March unemployment rates for neighboring states ranged from 10.7 percent in Kentucky to 14.1 percent in Michigan.
The jobless rate in Illinois rose slightly to 11.5 percent in March, and the state ranked ninth nationally for its foreclosure rate in the first three months of the year, according to data released Thursday that economists say indicate the state’s recovery is sluggish at best.
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