Indiana lost nearly 5,800 jobs in October, most of them as the state’s recreational vehicle and automotive industries continued shedding jobs or shuttering factories amid the nation’s mounting economic woes, according to an Associated Press report.
Preliminary numbers released Friday (Nov. 21) by the Bureau of Labor Statistics show that Indiana’s October job losses pushed the state’s seasonally adjusted unemployment rate to 6.4%, up from 6.2% in September.
Among the state’s top 14 metropolitan areas, only four had unemployment rates higher than the national average and all of those – Elkhart-Goshen, Kokomo, Anderson and South Bend – have large RV or automotive presence, Abel said.
Indiana was among 38 states and the District of Columbia that lost jobs last month, but the state’s unemployment rate was the lowest of its neighboring states.
Michigan’s October unemployment rate was 9.3%, Ohio and Illinois both had 7.3% jobless rates and Kentucky’s unemployment rate was 6.8%.
Although government statistics put Indiana’s jobless rate below the national average, those statistics conceal the large number of Hoosiers who are hurting financially, said Pam Altmeyer, president and CEO of Gleaners Food Bank of Indiana, the state’s largest food bank.
She said the numbers don’t take into account Hoosiers who’ve turned to charities for help after they exhausted their unemployment benefits or became discouraged in their job searches.
Altmeyer said more parents of working class families are working more than one job to make ends meet, and those numbers are reflected in the state’s official employment rate as separate jobs.