Posts Tagged 'unemployment'

February unemployment rate inches up to 8.7%

On Monday, the Indiana Department of Workforce Development (DWD) announced Indiana’s February unemployment rate increased to 8.7 percent, up from 8.6 percent in January. Indiana’s unemployment rate has shown an increase in three straight months.

While the national unemployment rate fell .2 percent from January, Indiana’s unemployment rate continues to hover a full percentage point above than the national rate of 7.7 percent. In comparison to surrounding states, Ohio’s  unemployment rate remained steady at 7.0 percent, 1.7 points lower than Indiana’s.  The unemployment rate  in Kentucky was .8 percent lower than Indiana’s at 7.9 percent. Illinois rose half a percent from January to 9.5 percent. and Michigan’s 8.8 percent unemployment rates declined by .1 percent from January.

County with the highest unemployment rate: Vermillion- 13.5%
County with the lowest unemployment rate: Hamilton- 6.5%

Employment Report (LAUS)

Jobs Report (CES)

January unemployment rate climbs to 8.6%

On Monday, the Indiana Department of Workforce Development (DWD) announced Indiana’s January unemployment rate increased to 8.6 percent, up from 8.3 percent in December.

Indiana’s unemployment rate continues to hover above than the national rate of 7.9 percent. In comparison to surrounding states, while Ohio’s  unemployment rate rose to 7.0 percent, it remains 1.6 points lower than Indiana’s.  The unemployment rate  in Kentucky was more than a half point lower than Indiana’s at 7.9 percent. Illinois (9.0 percent) and Michigan’s (8.9 percent) unemployment rates remained higher.

County with the highest unemployment rate: Vermillion- 13.5%
County with the lowest unemployment rate: Hamilton- 6.7%

Employment Report (LAUS)

Jobs Report (CES)

 

Veterans’ issues in 2013

Each year, important issues are addressed by the General Assembly affecting Hoosier servicemen and women, the state’s veterans and their families. In recent years, legislators have made changes to state benefits for disabled veterans, made voting easier for service members on duty, and expanded a special fund to help military families during difficult periods.

This year, lawmakers are expected to continue discussing how to address the high unemployment rate for veterans, as well as the continuing challenges of homelessness and mental health for veterans.

In 2011, young male veterans (age 18-24) who served during Gulf War era II had an unemployment rate of 29.1%, higher than that of young male non-veterans (17.6%). Source: US Bureau of Labor Statistics, March 20, 2012

Post 9/11 veterans are facing particularly high unemployment numbers in Indiana.

IN US
Percentage of population comprised of veterans 10.5% 9.4%
All veterans unemployment rate 7.6% 8.3%
Post 9/11 unemployment rate 15.7% 12.1%

Source: US Congress, Joint Economic Committee, Oct. 2012

Possible 2013 Legislation

State contracts for veteran-owned businesses: At a meeting of the commission in September 2012, members of the Military and Veterans Affairs Commission discussed two options for providing a preference in state contracting for veteran-owned businesses. Thirteen states currently provide state contract preferences for veteran-owned businesses. One or both of these options may be brought up as a proposal in 2013.

Option #1 Price Preference: A price preference is a percentage by which offered contract prices are reduced for purposes of bid evaluation. Some states restrict based on further criteria, including small businesses only, disabled veterans (service connected) only, or the total revenue of the company determines the rate of the discount.

Option #2 Set Aside Program: Under this option, the state would establish a goal to set aside a certain percentage of procurement to be from veteran-owned businesses.

In a September 2012 meeting of the Military and Veterans Affairs Commission, the Dept. of Veteran Affairs recommended the price preference over the set aside option.  They testified that this option would affect decisions at the time of making the contract award, providing the most immediate effect.

Professional licensing: Representatives of the The American Legion testified before the Veterans and Military Affairs Commission in August 2012, suggesting that changes be made to the state’s licensing and credentialing rules to help ease the professional transition from military to civilian life. Under such changes, state licensing boards would accept military education, training and experience to fulfill professional licensure or certification requirements. By translating experience and credentials from the battlefield to civilian life (i.e., medic to EMT, specialized drivers licenses), veterans can re-enter civilian life and the workforce with fewer unnecessary hurdles. According to NCSL, Colorado, Kentucky, Utah, Virginia, and Washington already offer this to their veterans. This proposal will likely be discussed in 2013.

Tax credit incentive for businesses hiring and retaining veterans: In 2012 a measure was offered (SB 318-2012) that would provide a $1,000 state tax credit to an employer who hires a returning veteran. “Returning veteran” was defined as individual who was deployed on active duty service in a branch or reserve component of the United States military within two years of the hire date. This idea will likely resurface in 2013.

Combat to College Program: Proposed in 2012 (HB 1230-2012), this bill would establish a Combat to College Program at Indiana state colleges and universities to help recent veterans transition into a higher ed program.

In line with a national trend, the Combat to College Program would allow universities to grant college credit for military service and training. According to NCSL, at least four states —Alaska, Florida, Georgia and Hawaii—have introduced similar legislation this year.

Additionally, the program would provide veterans with a centralized location for admissions, registration, and financial administration services, as well as academic guidance specialized for their transition. Counseling services and other resources would be offered to veteran students who are disabled or suffering from Post Traumatic Stress Disorder. A specialized career services program would also assist veteran students in translating military experience and training for their post-graduation job search. Rep. Scott Pelath, author of the original proposal, is expected to offer similar legislation again in 2013.

Residency tuition rates for service members: Another pro-veteran bill offered but not heard in 2012 (HB 1025-2012) would have allowed Indiana veterans returning to an Indiana university within 12 months of separation eligible for in-state tuition. The original measure would have applied only to undergraduate courses for veterans who listed Indiana as the individual’s home of record at the time of enlistment.

Excise tax credit: Currently, disabled veterans are entitled to a property tax deduction on their home. For those disabled veterans who do not own property, legislators are considering allowing the tax benefit to alternatively be used against excise tax owed on the veteran’s vehicle license plates. If proposed, the 2013 measure may include eligibility for a surviving spouse as the property benefit does.

Indiana unemployment rate dips to 8.2% in September

On Friday, the Indiana Department of Workforce Development (DWD) announced that Indiana’s unemployment rate for September 2012 edged down to 8.2 percent from 8.3 percent in August. Indiana’s unemployment rate continues to run higher than the U.S. rate which decreased to 7.8 percent. Ohio’s unemployment rate of 7.0 percent stood more than a full percentage point below Indiana’s while Michigan (9.3 percent), Illinois (8.8 percent) and Kentucky (8.4 percent) remained higher.

  • County with the highest unemployment rate: Sullivan- 10.9%
  • County with the lowest unemployment rate: Dubois – 4.9%

Employment Report (LAUS)

Jobs Report (CES)

Indiana unemployment rate remains at 7.9%

On Friday, the Indiana Department of Workforce Development (DWD) announced that Indiana’s unemployment rate for May 2012 remained at 7.9 percent. Indiana’s unemployment rate continues to sit below the U.S. rate of 8.2 percent.

  • County with the highest unemployment rate: Fayette – 10.6%
  • County with the lowest unemployment rate: Daviess – 5.4%

Employment Report (LAUS)

Jobs Report (CES)

“Right to Work” proposal expected to dominate debate

Senators Skinner, Arnold and Tallian hear testimony during committee hearing the "Right to Work" bill.

The 2012 legislative session begins January 4, and legislators are expected to devote much of their time to debate over controversial employment issues – namely the so called “Right to Work” bill. Despite Indiana’s high unemployment, limited access to early education and full-day kindergarten, and increasing threats to voter rights, Republican leaders in the Indiana House and Senate announced in November that passing a “Right to Work” law will be a top priority in the 2012 legislative session.

Myths and facts: The proposed law would make it illegal for employees to negotiate with their employer an agreement that requires everyone who benefits from a union contract to pay their share of the negotiation costs.

Though proponents of such legislation say the policy is needed to remove all barriers to job creation, the benefits of such a law are far from certain. In fact, a Minority Report filed in record of the 2011 Interim Study Committee on Employment Issues stated that there is a “distinct lack of statistically valid information proving any true benefit of Right to Work policies on Indiana’s economy.”

Indiana currently ranks 5th in the nation for overall business climate and 2nd overall for per capita manufacturing employment. When business leaders are asked what factors most influence their decision to locate their businesses, Right to Work has not cracked the top 10 most often cited factors in the past five years. Furthermore, when asked for a specific example during the Interim Study Committee’s hearings, the chairman of the Indiana Economic Development Corporation was unable to name one employer who did not locate their business in Indiana because the state lacks such a Right to Work law.

Corporations benefit, not employees: Undoubtedly, Indiana’s economy continues to struggle with high unemployment and underemployment; our state is the only state in our region to not see job gains in the past year.  However, restricting employee rights and depressing wages for the benefit of out-of-state corporations will not solve these problems.

Most importantly, this legislation will harm working men and women in our state. Disallowing employees—after a majority vote—from entering into negotiations with their employer about pay, working conditions, and safety is a troubling precedent.

We should instead be focusing on solutions that benefit employers and employees, like encouraging hiring through tax breaks for companies that hire new employees, giving employers more options to weather low production periods (known as “Work Share”), and giving first priority to contractors who employ Hoosiers for in-state public works projects.

Impact on wages and local economies: A Right to Work law would decrease personal wages in Indiana by an estimated $1,500-$5,500 per year. This would have a devastating impact on our local communities and businesses.

Likewise, research by the Economic Policy Institute has shown that in Right to Work states fewer employers offer health care benefits, pension plans and other employee benefits. Having thousands of Hoosiers lose access to these benefits would threaten their health, financial security and possibly shift additional costs to the state.

What’s next: Expect to hear more about this issue as the session progresses. If you would like to stay up to date on the Right to Work debate during the 2012 legislative session, stay tuned here in The Briefing Room.

Indiana’s unemployment rate up to 9%

On Tuesday, the Indiana Department of Workforce Development (DWD) announced that Indiana’s unemployment rate for October 2011 rose again to 9 percent, while the U.S. rate declined to 9 percent.

Indiana’s unemployment rate remains lower than neighboring states Illinois (10.1 percent), Kentucky (9.6 percent) and Michigan (10.6 percent) and is in line with Ohio (9 percent).

  • County with the highest unemployment rate: Fayette 12.3%
  • County with the lowest unemployment rate: Dubois 6.0%

Employment Report (LAUS)

Jobs Report (CES)

July unemployment rate up again to 8.5%

On Friday, the Indiana Department of Workforce Development (DWD) announced that Indiana’s unemployment rate for July 2011 rose slightly again to 8.5 percent.  Indiana’s unemployment rate continues to sit below the U.S. rate of 9.1 percent, and stands lower than neighboring states Illinois (9.5 percent), Ohio (9.0 percent), Kentucky (9.5 percent) and Michigan (10.9 percent).

  • County with the highest unemployment rate: Fayette 12.0%
  • County with the lowest unemployment rate: Dubois 5.6%

Employment Report (LAUS)

Jobs Report (CES)

June unemployment rate bumps up to 8.3%

On Friday, the Indiana Department of Workforce Development (DWD) announced that Indiana’s unemployment rate for June 2011 rose slightly to 8.3 percent.  Indiana’s unemployment rate continues to sit below the U.S. rate of 9.2 percent, and stands lower than neighboring states Illinois (9.2 percent), Ohio (8.8 percent), Kentucky (9.6 percent) and Michigan (10.5 percent).

  • County with the highest unemployment rate: Fayette 12.1%
  • County with the lowest unemployment rate: Dubois 5.5%

Employment Report (LAUS)

Jobs Report (CES)

Indiana unemployment rate remains unchanged

On Friday, the Indiana Department of Workforce Development(DWD) announced that Indiana’s unemployment rate for May 2011 remains unchanged at 8.2 percent.  Indiana’s unemployment rate continues to sit below the U.S. rate of 9.1 percent, and stands lower than neighboring states Illinois (8.9 percent), Ohio (8.6 percent), Kentucky (9.8 percent) and Michigan (10.3 percent).

  • County with the highest unemployment rate: Fayette 12.0%
  • County with the lowest unemployment rate: Daviess 5.4%

Employment Report (LAUS)

Jobs Report (CES)



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